Questions: Question 21
Which of the following terms refers to Congress formally setting aside money for a specific use?
• allocation
• appropriation
• authorization measure
• fiscal measure
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Transcript text: Question 21
Which of the following terms refers to Congress formally setting aside money for a specific use?
• allocation
• appropriation
• authorization measure
• fiscal measure
Next >
Not saved Submit Quiz
Solution
Answer
The answer is appropriation.
Explanation
Option 1: Allocation
Allocation refers to the distribution or assignment of resources or responsibilities. While it involves setting aside resources, it is not the formal legislative process used by Congress to designate funds for specific purposes.
Option 2: Appropriation
Appropriation is the correct term. It refers to the formal legislative process by which Congress designates funds for specific uses. An appropriation bill is passed by Congress and signed by the President, allowing the government to spend money for particular purposes.
Option 3: Authorization Measure
An authorization measure is a legislative act that establishes or continues a federal program or agency and sets forth the guidelines to which it must adhere. It does not allocate funds but rather authorizes the program to exist and operate.
Option 4: Fiscal Measure
A fiscal measure is a broad term that can refer to any policy or action related to government revenue and expenditure. It is not specific to the formal process of setting aside money for a particular use.