All categories

3 years ago

Complete the diagram below by filling in the necessary steps in the budget-making process.

Social Studies

1 answer:

Delicious77 [7]3 years ago

3 0

February-September

The executive branch agencies develop requests for funds and submit to the Office of Management and Budget (OMB).

September-December

The president and the OMB review requests and make fiscal decisions about what goes into the budget. The budget is then printed and sent to Congress.

January-September (of the following year)

The budget committees in the House and the Senate review the proposed budget. By April 15th, the committees prepare the initial resolution for the budget. The initial resolution then goes to Congress for debate. By September 25th, the congressional budget should be finalized.

October 1

The fiscal year begins.

October 1-September 30

This is the fiscal year. The agency program managers implement budget and disperse funds.

October-November

The data on the actual spending and receipts for the completed fiscal year becomes available. The Government Accountability Office also audits the fiscal-year outlays.

You might be interested in

A standardized mental picture, representing an oversimplified opinion or uncritical judgment is called a(an) _________?

olga_2 [115]

Answer: Stereotype

Explanation: A stereotype could be explained as a generalized conclusion made about individuals belonging to a particular group.

Stereotypes are over generalization or standardized belief derived from the assumption that a particular trait, personality, behavior or ability exhibited by one or some members of a particular group is prevalent in all members of the group or category. Stereotypes may result in social segmentation resulting from generalization made about a particular group based on certain traits.

4 0

3 years ago

How did Leland Stanford make his money?

Fofino [41]

Leland Stanford was an industrialist, business tycoon, politician, and the founder of Stanford University. During the California Gold Rush Stanford moved to California and started a whole sale business which grew as the economy boomed. Stanford helped to found a major railroad company the Central Pacific Railroad and went on to make large amounts of money, enough so for many to consider him a "Robber Baron" a name given to wealth and powerful 19th century American businessmen.

4 0

3 years ago

When individuals are looking for jobs but are unable to find work, what does it imply on the economic status of a country

-BARSIC- [3]

Answer:

It implies that the economic status of the country is not positive. That means that the economy is operating below its capacity and not efficient.

Explanation:

Economic efficiency is a situation where the resources of the economy are used in the service of the individuals of the country while utilizing it efficiently to get optimum results. When individuals are looking for jobs and they do not get employed, it simply means that the economy is not doing great. When the resources of the economy are not utilized well there is stunted economic growth in the country.

Therefore the high unemployment rate in a country means that the economic status is not positive.

3 0

2 years ago

Which of the following is an example of a government’s laissez-faire approach to business and the economy?

charle [14.2K]

Answer:

Congress votes down a law providing a loan to a failing car manufacturer is the correct answer.

Explanation:

7 0

3 years ago

PLEASE HELP!!!!

myrzilka [38]

<h2>Question:</h2>

→A Pattern Maker is involved in which industry?

<h2>Choices:</h2>

A. The Farming Industry

B. The Textiles Industry

C. Garment and Apparel Production Industry..

D. Fashion Merchandising Industry

E. Tools and Equipment Manufacturing and Industry.

<h2>Answer:</h2>

E. Tools and Equipment Manufacturing and Industry.

<h2>Explanation:</h2>

→Patternmakers are a vital part of the fashion and manufacturing industries. In some companies, the job title for a patternmaker may be apparel patternmaker or fabric patternmaker. It is the job of the patternmaker to create a pattern either free-hand or with computer-aided drafting software.

#CarryOnLearning

7 0

2 years ago