Which of the Following Is Not a Way in Which

question 65

Multiple Choice

Which of the following is not a way in which Congress can exercise oversight?

• A) individual constituency case work
• B) committee hearings and investigations
• C) budgeting process
• D) government agencies such as the GAO and the CBO
• E) having members of Congress work part-time for a particular agency that is struggling to meet the demands Congress has placed on it

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Definitions:

Annual Budget

A financial plan for a year that outlines projected income and expenditure for an organization or department.

Capital Expenditure Budget

A budget for planned expenditures on long-term assets that will provide value in the future, such as equipment or buildings.

Budgeted Balance Sheet

A financial statement that projects the balances of assets, liabilities, and equity accounts at the end of a future period based on planned activities and events.

Financial Budget

A financial plan that outlines expected revenues, expenses, and cash flows over a specific period.