The steps in the Budget Process include each of the following except
A) planning by departments.
B) negotiations between departments and the President's Office of Management and Budget.
C) negotiations between the President's Office of Management and Budget and the Federal Reserve.
D) Congress passes its budget resolution.

Question

Quizplus · Accepted Answer

Negotiations between the President's Office of Management and Budget and the Federal Reserve are not a standard part of the budget process. The Federal Reserve operates independently of the federal budget process, focusing on monetary policy rather than fiscal policy.

The Steps in the Budget Process Include Each of the Following