The First Step in the Budget Process, Which Actually Begins

question 114

Multiple Choice

The first step in the budget process, which actually begins almost two years prior to the relevant budget, is

• A)passage of appropriations bills by Congress.
• B)the transmission of a budget proposal to Congress by the OMB.
• C)congressional review of the president's proposed budget.
• D)the development of requests for funds by executive branch departments and agencies.
• E)None of the above

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Definitions:

We-viewpoint

A perspective in communication or writing that emphasizes collective action or observation, typically using pronouns like "we" and "us."

Goodwill

An intangible asset representing the value of a business's reputation, brand, and ongoing customer relationships, often considered in financial valuations or mergers and acquisitions.

De-emphasizes

To reduce the importance, stress, or prominence of a particular element or aspects in a discussion, presentation, or piece of writing.

Business Messages

Refers to written or electronic communication tailored for and circulated within a professional setting, aimed at conveying specific objectives or information related to business activities.