Question

In: Finance

Pick a federal agency of your choice. Find that agency’s appropriation for a recent fiscal year....

Pick a federal agency of your choice. Find that agency’s appropriation for a recent fiscal year. That may be located in an annual appropriation act or in a consolidated appropriation bill that lumps a number of normal appropriation acts together. Are there provisions of a somewhat substantive nature that are included in the appropriation act?

Solutions

Expert Solution

The special organizations which set up to fulfil the basic requirements such as to manage the resources, financial status of an organization is termed as federal agency.

Ministry of Agriculture is the federal agency their basic purpose is to process the food and cooperation with the food materials.

Ministry of agriculture is including in the appropriation act. Appropriation act is the act which provides funds to the agencies for fulfilling their purpose or their basic needs. The process of formal federal spending includes two steps that is authorization and appropriation.

Some provisions of a somewhat substantive nature that are included in the appropriation act are as mentioned below:

  • Ministry of agriculture does not specify its purpose of agency in their legal documents.
  • Ministry of agriculture does not include the in existence activities which was previously performed by them.
  • In ministry of agriculture, the provisions of tax are mentioned as per the old law’s rules and regulations. So, ministry of agriculture should update their provisions.
  • In ministry of agriculture, the illegal activities are not mentioned due to which the members also perform some illegal activities.

Related Solutions

Please pick any company of your choice, find their most recent form 10-K on the internet...
Please pick any company of your choice, find their most recent form 10-K on the internet and summarize the type of segment data they publish. Also provide us with the most important findings you discovered when reading the segment information of your company.
Read your agency’s most recent financial statement and associated Government Performance and Results in Act reports....
Read your agency’s most recent financial statement and associated Government Performance and Results in Act reports. Post: How is your agency performing? What did their fiscal audit identify? Any weaknesses? My agency is the department of the state.
With respect to recent Federal Government Fiscal Stimulus packages and Federal Reserve policies to control liquidity...
With respect to recent Federal Government Fiscal Stimulus packages and Federal Reserve policies to control liquidity and counter the credit crisis, what has the Federal Government and the Federal Reserve been doing? Why? What policy tools have they been using?
With respect to recent Federal Government Fiscal Stimulus packages and Federal Reserve policies to control liquidity...
With respect to recent Federal Government Fiscal Stimulus packages and Federal Reserve policies to control liquidity and counter the credit crisis, what has the Federal Government and the Federal Reserve been doing? Why? What policy tools have they been using? Inflation has traditionally been a concern of the Federal Reserve. Recently, there has been the possibility of deflation. Should the Fed be concerned with deflation of prices? What about targeting 'nominal GDP'? When inflation occurs some economic agents gain and...
Single Audit. Chittenden County had the following federal award activity during the most recent fiscal year:...
Single Audit. Chittenden County had the following federal award activity during the most recent fiscal year: Program# Award Received Award Expended 1 6,500,000 250,000 2 800,000 800,000 3 12,000,000 11,600,000 4 4,200,000 3,450,000 5 1,000,000 875,000 6 1,750,000 1,500,000 7 500,000 425,000 8 7,500,000 7,000,000 9 300,000 200,000 10 750,000 575,000 Required A. Based on size, which programs would be considered Type A programs? Type B programs? B. You gather the following Page 485 information: 1. Programs 3 and 4...
On an ethical issue of your choice pick a topic that relates to an ethical issue...
On an ethical issue of your choice pick a topic that relates to an ethical issue facing public health professionals today on either a management or a clinical level or both. Anser the following questions: Describe the ethical issue involved and discuss the history of this issue, including any pertinent policies or precedents. Discuss the major stakeholders involved in the issue and their respective roles. Discuss and apply at least one of the major ethical theories and the ethical decision-making...
Pick a constitutional amendment of your choice. Using your own words, describe what the amendment is...
Pick a constitutional amendment of your choice. Using your own words, describe what the amendment is about, and why you chose that particular amendment. Why is this amendment important to you? Additionally, discuss what new amendments should be added to the Constitution, give an explanation of your choice.
Pick a company of your choice Identify the industry in which this company operates Identify a...
Pick a company of your choice Identify the industry in which this company operates Identify a cost object for this company Provide examples of the following types of costs for this company and the chosen cost obejct: Fixed costs Variable costs Direct costs Indirect costs Inventoriable costs Period costs Respond to the thread posted by one of your classmates and provide examples for these cost categories for the company chosen by your classmate.
The federal government calculates its budget on a fiscal year that begins each year on October...
The federal government calculates its budget on a fiscal year that begins each year on October 1 and ends the following September 30. At the beginning of the 2003-2004 fiscal year, the Department of Finance forecast that the federal budget surplus for the fiscal year would be $4.0 billion. The actual budget surplus for the fiscal year was $9.1 billion. Federal expenditures were $1.7 billion less than the Department had forecast, and federal revenue was $1.5 billion more that the...
Find the most recent federal deficit as a percentage of GDP of the United States. Suppose...
Find the most recent federal deficit as a percentage of GDP of the United States. Suppose that the federal budget deficit was eliminated and there was no change in private saving. What would be the effect on the long run capital stock per worker? What would be the effect on long run output per worker?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT