b. Discretionary spending accounts for approximately of the federal budget, whereas mandatory two-thirds Incorrect spending accounts for approximately one-third of the federal budget. Incorrect
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- Create a framework of procedure governing the planning and implementation of budgetary policies. Explain uour framework createdDefine government budget in not more than 3 linesIf government procurement officials are stewards of public funds, how can the publicensure that this money is being spent correctly? What checks and balances come to yourmind when it comes to deciding how and where to spend a ministry’s budget?
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- 1. Which branch of the federal government must approve a budget? executive state governments legislative O judiciala greatera smallerdecrease in government spendingdecrease in net taxesincrease in government spendingincrease in net taxesnono change in government spendingno change in net taxesWhich legislative action shifted the budget power from the executive branch to the legislative branch? a. Budget and Accounting Act of 1921 b. Congressional Budget and Impoundment Control Act of 1974 c. Balanced Budget and Emergency Deficit Control Act of 1985 d. Budget Enforcement Act of 1990