Final answer:
The finance department is generally responsible for approving obligations from expired accounts exceeding 4 million during a fiscal year. The specific approval process may vary between organizations.
Step-by-step explanation:
If obligations from an expired account during a fiscal year exceed 4 million, the approval for the obligation to be made would typically fall under the responsibility of the organization's finance department. The finance department is responsible for overseeing the financial activities of the organization, including approving and managing budgetary obligations.
However, the specific approval process may vary between organizations, based on their internal policies and procedures. It is important to consult the organization's financial policies or seek guidance from the finance department to understand the exact process and who holds the authority for approving obligations in a particular organization.
For example, in a corporation, the finance director or CFO (Chief Financial Officer) may have the authority to approve obligations above a certain threshold. In a government agency, it could be the responsibility of the finance director or the relevant budget authority.