Asked by
Marco Primerano
on Oct 13, 2024
Verified
The key agency in the preparation of the president's budget is
A) the Treasury.
B) the Office of Management and Budget (OMB) .
C) the Comptroller of the Currency.
D) the Department of the Defense.
President's Budget
An annual proposal by the U.S. President outlining the government's planned financial activities and spending for the upcoming fiscal year.
Office of Management and Budget
A federal office within the Executive Branch of the United States government that assists the President in preparing the budget and monitoring federal agencies.
- Understand the budget preparation process within the federal government, particularly the role of the Office of Management and Budget.
Verified Answer
HB
Learning Objectives
- Understand the budget preparation process within the federal government, particularly the role of the Office of Management and Budget.