The Final Appropriations Budget

question 39

Multiple Choice

The final appropriations budget:

• A) Can be changed at any time by the accounting department
• B) Can be exceeded by actual appropriations
• C) Is legal and binding
• D) None of the above

---

Definitions:

Government Securities

Financial instruments issued by a government to raise funds from investors, promising to pay back with interest, including treasury bonds, bills, and notes considered low-risk investments.

Federal Reserve Board

The governing body of the Federal Reserve System, responsible for overseeing the U.S. central banking system.

Government Securities

Financial instruments issued by a government to raise funds from the public, including bonds and treasury bills, with a promise to pay back with interest.

Securities

Assets that denote a share in the equity of a corporation available on the public market (stock), a lending agreement with a government or corporate body (bond), or ownership claims evidenced by an option.