In the federal budget process, the amounts of money that government agencies are allowed to spend in implementing their programs are called ____.
A)budget revenue
B)budget outlays
C) budget authority
D) entitlements

Question

Quizplus · Accepted Answer

Budget authority refers to the amounts of money that government agencies are allowed to spend in implementing their programs. Budget revenue refers to the money that the government takes in through taxes and other sources, while budget outlays refer to the actual amounts spent by the government. Entitlements refer to government programs that provide guaranteed benefits to specific groups, such as Social Security or Medicare.

In the Federal Budget Process, the Amounts of Money That