The Budget and Accounting Act of 1921 placed the responsibility for preparing the federal budget in the hands of

Question

Quizplus · Accepted Answer

The Budget and Accounting Act of 1921 granted the responsibility for preparing the federal budget to the president of the United States. The act required the president to submit a comprehensive budget proposal to Congress each year, outlining the government's estimated revenue and proposed expenditures for the upcoming fiscal year. Thus, the correct option is E - the president.

The Budget and Accounting Act of 1921 Placed the Responsibility