Which of the following agencies is in charge of monitoring the proper spending of federal money?
  1. The General Accounting Office
  2. The Office of Budget and Management
  3. The Council of Economic Advisors
  4. The Congressional Budget Office
Explanation
Answer: A - The General Accounting Office is the agency that is in charge of monitoring the proper spending of federal money. It is important to know what individual offices within the government do. The General Accounting Office is in charge of monitoring the proper spending of federal money. The Congressional Budget Office helps to guide Congress in keeping its priorities in the budget. The Council of Economic Advisors provides the president with essential advice and guidance. The Office of Budget and Management drafts priorities for the federal budget.
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