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Federal budget

Authored by Ryu Tai

Financial Education

12th Grade

Federal budget
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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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