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The fiscal year for the federal government starts in October, they are required to vote on the budget deficit. If they are unable to vote to pass the budget, they may shut down. Very few times in history has this happened, although there are some good examples in 2010, and 2011 where they did not pass the budget deficit and were on the verge of actually shutting down.

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Q: A fiscal year is the twelve month period used by the government for financial management purpose?
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Related questions

Is a fiscal year is the twelve month period used by the government for financial management purposes?

True(Kaylop)


Is a fiscal year the twelve month period used by the government for financial management purposes?

True(Kaylop)


Which best describes the 12-month period used by a government or business for purposes of financial management?

Fiscal year


What is the 12-month period used by the Federal Government for financial management purposes?

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Which best describes the 12 month period used by a government or business for purposes of financial management?

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Which of these offices repares a statement as to how the US government will distribute its financial resources over the next fiscal year?

office management and budget


What is the purpose of operating cash flow?

The purpose of operating cash flow is to achieve a financial and fiscal balance or profit. Proper cash flow management is the key to success for any business.


What is fiscal management?

Fiscal management is the career field that handles finances. A fiscal manager may deal with the budgets of a corporation, individual or government entity.


What office prepares a statement telling how the US government will distribute its financial resources over the next fiscal year?

office of management and budget


Which offices prepares a statement telling how the US government will distribute it's financial resources over the next fiscal year?

Office of Management and Budget


How do you use the word fiscal in a sentence?

Fiscal is an adjective for something that is related to financial matters. Example sentence:The federal government has fiscal problems, but our state is in serious fiscal trouble.


What does fiscal mean?

Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.