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Questions and Answers
What happens to the budget after it is sent to the legislative bodies?
What happens to the budget after it is sent to the legislative bodies?
- It is automatically adopted as a final budget
- It is rejected without any changes
- It is sent back to the executive for modification
- It is scrutinised, adjusted or deleted by the legislative bodies (correct)
What is a condition for the executive to operate the budget?
What is a condition for the executive to operate the budget?
- The executive must modify the budget
- The executive must approve the budget
- The Senate must reject the budget
- The House must adopt the budget (correct)
What is a surplus budget?
What is a surplus budget?
- When the expenditure is zero
- When the revenue to be generated is forecasted to be less than expenditure
- When the revenue equals expenditure
- When the revenue to be generated is forecasted to be greater than expenditure (correct)
What is a balanced budget?
What is a balanced budget?
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What is recurrent expenditure?
What is recurrent expenditure?
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What is the purpose of the executive accounting to the whole country?
What is the purpose of the executive accounting to the whole country?
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