Worksheets2022 Budget Quiz
Total questions: 5
Worksheet time: 3mins
Name
Class
Date
1.
For FY 2022, the federal budget will create a
a)
$1.837 trillion dollar deficit
b)
$1.837 trillion dollar surplus
c)
balanced budget
d)
what budget?
2.
Which of the following are NOT mandatory expenditures?
a)
Social Security
b)
Medicare
c)
Defense
d)
Supplemental Nutrition Assistance Program
3.
The federal government makes the most revenue from...
a)
Corporate Taxes
b)
Income Taxes
c)
Excise Taxes, Customs, and Tariffs
d)
FICA Taxes
4.
Which is the fastest growing federal expense?
a)
FICA Benefits
b)
Defense
c)
Interest on National Debt
d)
Healthcare
5.
When does the federal government's fiscal year (FY) start?
a)
Jan. 1
b)
April 15
c)
Oct. 1
d)
Dec. 31 at 11:59pm
100 %
