Author Question: The fiscal year refers to the interval the U.S. government uses for accounting purposes and runs ... (Read 97 times)

mcmcdaniel · **on:** Sep 3, 2018

The fiscal year refers to the interval the U.S. government uses for accounting purposes and runs from

A) April 1 to March 31.
B) June 1 to May 31.
C) October 1 to September 30.
D) February 28 to February 28.
E) January 1 to December 31.

Question 2

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

A) Congress.
B) the Federal Reserve Board.
C) the Treasury Department.
D) the Council of Economic Advisers.
E) the president.