What the government is practicing

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Reference no: EM132959095

Problem 1: Outsider or stakeholder involvement occurs predominantly during the ______________part of the budget cycle.

a. preparation

b. submission/approval

c. implementation

d. audit and evaluation

e. b and d

Problem 2: When the federal government seeks to stimulate economic growth by increasing government spending and/or cutting taxes, the government is practicing

a. Fiscal policy

b. Monetary policy

c. Recessionary budget making

d. Political grandstanding

e. None of the above

Problem 3: A financial audit is completed during the implementation stage of the budget cycle.

True

False

Problem 4: Most revenue collected by governments comes from taxes.

True

False

Reference no: EM132959095

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