Question $6(10$ points$)$

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Which Agencies are responsible for Federal Accounting and Reporting?

Question $6$ options:

The Government Accountability Office $($GAO$)$

The Department of the Treasury

The Office of Management and Budget $($OMB$)$

All of the above

Question $7(10$ points$)$

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Which agency recommends overall funding priorities and assesses competing demands for resources?

Question $7$ options:

FASAB

OMB

IRS

GAO

Question $8(10$ points$)$

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The IRS is part of the$$

Question $8$ options:

The GAO

OMB

Department of the Treasury

FASAB

Question $9(10$ points$)$

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The FASAB is composed of nine members from$$

Question $9$ options:

Members from GAO, OMB, the Treasury and public members that are not employees of the federal government$$

public members$$

employees of the federal government agencies only

Question $10(10$ points$)$

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Medicare is an example of the following Federal Funds

Question $10$ options:

Trust Funds

Special Funds

Revolving Funds$$