
Federal budget
Authored by Ryu Tai
Financial Education
12th Grade

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much does Mandatory spending use of Federal spending
1$
50%
Over 50%
Less than 50%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much does congress sets funding for feds?
Third of all annual funding
Less than 10 percent of all funding
Quarter of all funding
This is just wrong answer
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Federal government gain revenue
Taxes
Congress
Imports and Exports
Trade
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How long is the governments fiscal years run
October 1 through September 30 of the next year
April 9 through December 21 of the next year
April 9 through September 11 of the next year
October 1 through September 30
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does employees who work under federal government get paid
The federal budget
The president
The congress
The federal trade management
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who plays a role in developing the federal budget?
The President and Congress
Taxpayers and the President
Taxpayers and Congress
Only the President
Only the Congress
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When does the federal fiscal year begin?
October 1
January 1
December 31
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