The Budget and Accounting Act of 1921

question 22

Multiple Choice

The Budget and Accounting Act of 1921:

• A)created chaos in the federal budget process.
• B)caused a rift within the Democratic party concerning the budget.
• C)formed a new Bureau of the Budget to streamline the process of preparing an annual federal budget.
• D)imposed a tax to rewrite the budget process.
• E)brought an end to state budgets.

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Definitions:

Supreme Court

The highest judicial court in a country or state, which has the ultimate judicial authority to interpret and apply the law.

Recommendations

Advice or suggestions aimed at guiding decisions or actions.

Corporate Wrongdoing

Actions taken by companies or their representatives that are unethical, illegal, or otherwise harmful to others.

Ethics

Moral principles that govern a person's behavior or the conducting of an activity.