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The president gives a proposed budget to Congress.

Congress decides on the details of the budget.

The president signs spending bills into law.

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The Office of Management and Budget (OMB) and the president prepare a proposed budget.

Congress decides on the overall level of spending and taxation and passes specific spending bills.

The president signs various spending bills into law.

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Briana Kuhic

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Q: Sort the statements below into the correct order in which the federal budget is prepared.?
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Related questions

In 1996 the federal budget included what?

for a+ all the answers are correct


What 1996 the federal budget included?

for a+ all the answers are correct


Which budget is prepared first?

The sales budget is the first budget to be prepared.


What information does sales budget provide?

Sales budget provides the information about how many units of products needs to be sold and it is the basic information on which remaining budgets are prepared like production budgets or proforma financial statements.


What is a budget which is prepared for one level of activity?

a budget which is prepared for one level of activity is:


Which budget is prepared last?

Cash Budget


Why is the Sales budget the first budget to be prepared?

Budgets promote efficiency and serve as a deterrent to waste? A sales budget should be prepared before the production budget?


When is manufacturing cost budget prepared?

manufacturing budget is prepared after the revenue, production and direct metrical usage budget because u need the solution from the production budget


The federal budget process begins with?

The process of preparing a federal budget is first knowing what the budget is. The president then has to submit his budget requests to Congress.


What is a budget that is prepared for one level of activity?

The budget that is prepared for one level of activity is known as a static budget. A static budget is often one of many other budgets that are created off of a master budget.


What defines the administration's plans for the coming year?

The administration's plans for the coming year are typically outlined in a combination of the President's State of the Union address, budget proposals, and policy announcements. These plans may focus on legislative priorities, economic goals, foreign policy objectives, and other initiatives aimed at addressing key issues facing the country. Each administration's specific plans can vary based on the President's agenda and priorities.


Who prepares a master budget?

it is prepared by the appointed , qualified budget comitee