What is the missing step in the budget process sequence for a fire and emergency services organization: planning, preparing, _____, monitoring and evaluating, and revising?

In the budget process for a fire and emergency services organization, the missing step that logically fits between preparing and monitoring is implementing. After the budget is prepared and approved, it must be put into action or implemented. This step involves allocating the necessary resources, assigning responsibilities, and executing the budget as planned. It is a critical phase that ensures the budgetary plans are realized into actual spending and operations.

Implementing the budget allows the organization to utilize the allocated resources effectively, carry out planned activities, and ensure that all fiscal policies are followed. This step sets the stage for the subsequent steps of monitoring and evaluating, as it provides a baseline to assess actual expenditures and activities against the budgeted amounts. Proper implementation is essential for the overall success of the budgeting process in achieving the organization's financial and operational goals.