Multiple Choice
Which of the following statements about the Congressional Budget Office is INCORRECT?
A) It advises Congress on the likely economic effect of different spending programs.
B) It provides information on the cost of proposed policies.
C) It was created in 1921 and originally designed to audit government expenditures.
D) It prepares analysis of the president's budget and economic projections.
E) It gives members of Congress arguments to use in their budget debates.
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Explain uncontrollable expenditures.Why are they a problem?
Q5: What is the difference between the budget
Q6: What is new performance budgeting, and what
Q7: Discuss the various proposals to reform federal
Q8: How did the Congressional Budget and Impoundment
Q10: The top sources of funding for state
Q11: Distinguish between the following terms: budget authority,
Q12: What is the capital budget?
Q13: The starting point for each year's budget
Q14: The two major areas of expenditure for