Management Response and Action Plan

April 2014

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**Audit of the Economic Action Plan – Governance and Planning - April 2014**
Recommendations	Management Responses and Planned Management Action	Expected Completion Date	Responsibility
Recommendation 1 It is recommended that the Chief Financial Officer develop and implement an approach to monitoring Full Time Equivalents and salary expenditures to sustain target reductions.	Management agrees with the recommendation. The Office of the Chief Financial Officer (OCFO) will implement a salary and full time equivalent monitoring process, including comparison to approved organizational designs by Branches, for quarterly reporting to the Executive Committee.	March 2014	Office of the Chief Financial Officer

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