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The Congressional Budget Office (CBO) provides Congress with information and analysis for making budgetary decisions.

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12y ago

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Why is the cbo important?

The Congressional Budget Office (CBO) is important because it provides nonpartisan analysis of the federal budget and the economy, helping lawmakers make informed decisions on fiscal policy. Its assessments of potential legislation's budgetary impact and economic effects guide Congress in understanding the financial implications of their choices. Additionally, the CBO's projections help ensure transparency and accountability in government spending, fostering public trust in the budgetary process.


Provides information required for decisions involving electronic warfare.?

electronic warfare support


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electronic warfare support


How important are managerial decisions in relation to controlling?

Management accounting provides the necessary information where we can assist the important ways in managerial decisions and controlling.


Characteristics of accounting?

Accounting provides businesses with useful and relevant information. The more accurate the information, the more the business can base business decisions on the information.


The area of accounting that provides managers of an organization with information they need to make decisions is called?

managerial accounting


What are the purposes of financial accouting?

Finencial Accounting provides information to orgunisations in order for the orgunisation to make decisions.


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The definition of management accounting system is a system that was designed for a company that provides the information that is necessary for the company to make projections and decisions. It provides accurate and current information.


What information is available from the Capital One website?

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Which support agency of Congress counterbalances the president's Office of Management and Budget?

The Congressional Budget Office (CBO) is the support agency of Congress that counterbalances the president's Office of Management and Budget (OMB). The CBO provides nonpartisan analysis of budgetary and economic issues to assist Congress in its decision-making process.


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What did you mean accouting?

Accounting is basically a service based profession that provides reliable and relevant financial information useful in making decisions.