Question

What is the purpose of a "budget" in a state government?

• A. To outline the state's foreign policy objectives.
• B. To provide a detailed estimate of a government's revenue and expenditure for a fiscal year
• C. To detail the process of appointing new judges to the Supreme Court.
• D. To serve as a legal framework for regulating environmental protection laws.

Answer 1

Answer:

B. To provide a detailed estimate of a government's revenue and expenditure for a fiscal year

• A budget is a financial plan that outlines how a government plans to raise money and how it will spend it over a specific period, typically a fiscal year.