Which of the following is a reason why Congress has been unsuccessful

Which of the following is a reason why Congress has been unsuccessful

Which of the following is a reason why Congress has been unsuccessful

Subject: Business / Finance
Question

1. Which of the following is a reason why Congress has been unsuccessful in reducing the total amount of money spent by the federal government? (Points : 1)

Congresspersons, motivated by desire to remain in office, have little personal financial (or political) incentive to cut the budget.

Ninety percent of federal spending is dedicated to entitlement programs.

Congress cannot legally reduce spending on defense and national security issues.

Most money has been dedicated to “No year” appropriations in the past—this means that spending on these programs may occur until the money runs out.

Question 2.

2.In what decade was the first Congressional Budget? (Points : 1)

1790s

1970s

1860s

1920s

Question 3.

3.Which of the following is correct about the Government Accountability Office? (Points : 1)

It prepares budgets for executive agencies under the direction of the President.

It reviews agency budget requests for the President.

It prepares audits and evaluations for the President.

It does not report to the President.

Question 4.

4.Which of the following is not a normal feature of program budgets? (Points : 1)

Classify budget totals by goals, objectives, or missions.

May classify spending programs in categories that do not coincide with organization chart structures.

Provide no expenditure data.

None of the above.

Question 5.

5.The growth of Federal government spending in the last 30 years is primarily due to: (Points : 1)

defense spending.

interest on the debt.

transfer payments.

education.

Question 6.

6.A continuing resolution enables an agency to: (Points : 1)

continue operations in a fiscal year despite the fact that it overspent its appropriation for that fiscal year.

continue operations in a fiscal year despite the fact that it overspent its appropriation for the prior fiscal year.

continue operations in a fiscal year despite the fact that it has received no appropriation for that year.

None of the above.

Question 7.

7.The General Accounting Office is part of what branch of the federal government? (Points : 1)

Legislative

Executive

Judicial

None-it is an independent, non partisan, watchdog authority.

Question 8.

8.The terrorist attacks on September 11, 2001 brought an immediate need for more

budget authority in several Federal agencies. To deal with these immediate needs,

President Bush would request Congress to pass… (Points : 1)

an emergency supplemental appropriation.

a continuing resolution to provide funds for Fiscal Year 2002.

regular appropriation for Fiscal Year 2001.

a tax expenditure resolution.

Question 9.

9.Federal entitlement programs are: (Points : 1)

Discretionary spending

Mandatory spending

Appropriated spending

Authorized spending

Question 10.

10.Which of the following best describes the Congressional Budget resolution? (Points : 1)

The budget submitted by the President to Congress

The formal appropriation of funds to agencies

The reconciliation of committee appropriations

Budget priorities established by Congress

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