Which component is responsible for monitoring and tracking the costs incurred during a disaster response?

The finance officer plays a crucial role in monitoring and tracking the costs incurred during a disaster response. This position is responsible for managing the financial resources associated with emergency management efforts. Their responsibilities include budgeting, accounting, and financial reporting to ensure that funds are used effectively and within the parameters set for the disaster response. By accurately tracking expenditures and financial commitments, the finance officer helps ensure that resources are allocated appropriately and that any potential financial issues are identified and addressed promptly. Effective financial management is essential in disaster response to ensure that aid can be sustained and that the organization can respond to the needs of the affected community without facing budgetary shortfalls.