The Budget and Accounting Act of 1921 created:
A) chaos in the federal budget process
B) a rift within the Democratic party concerning the budget
C) an end to states' budgets
D) a tax to rewrite the budget process
E) a new Bureau of the Budget to streamline the process of preparing an annual federal budget

Question

Quizplus · Accepted Answer

The Budget and Accounting Act of 1921 created a new Bureau of the Budget to streamline the process of preparing an annual federal budget. This led to a more centralized and efficient budget process, which continues to this day. The other choices are not accurate descriptions of the act's impact.

The Budget and Accounting Act of 1921 Created