6 Questions
What happens to the budget after it is sent to the legislative bodies?
It is scrutinised, adjusted or deleted by the legislative bodies
What is a condition for the executive to operate the budget?
The House must adopt the budget
What is a surplus budget?
When the revenue to be generated is forecasted to be greater than expenditure
What is a balanced budget?
When the revenue equals expenditure
What is recurrent expenditure?
Cost of running day-to-day activities
What is the purpose of the executive accounting to the whole country?
To account for how money was realized and spent
Learn about the process of government expenditure and revenue in a democracy. Understand how the budget is prepared, sent to Congress, and finally approved. Test your knowledge of the role of the executive and legislative bodies in the budget process.
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