The Budget and Accounting Act of 1921 formalized the role of the executive branch in the federal budget process.

Name: The Budget and Accounting Act of 1921 formalized the role of the executive branch in the federal budget process.
Brand: Quizplus
Rating: 4.7 (45 reviews)

Question

Quizplus · Accepted Answer

The Budget and Accounting Act of 1921 established the framework for the modern federal budget process, giving the President the responsibility to prepare and submit the budget to Congress, thus formalizing the role of the executive branch in the federal budget process.

The Budget and Accounting Act of 1921 Formalized the Role