Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

AGA GAFRB Exam - Topic 3 Question 16 Discussion

Which entity assists the president in overseeing the preparation of the President's Budget?
C) OMB
A) GAO
B) Congressional Budget Office
D) the U.S. Department of the Treasury The OMB assists the President in preparing the President's Budget, which is submitted annually to Congress. OMB coordinates budget instructions, evaluates agency requests, and ensures alignment with presidential policies. Other roles: GAO: Supports Congress and performs audits CBO: Provides nonpartisan budget analysis to Congress
U) S. Treasury: Manages federal finances but does not oversee budget preparation Relevant Reference: OMB Circular A-11 -- Role in Budget Formulation
U) S. Code Title 31 -- Role of OMB GAO Budget Glossary Answer : C. OMB

AGA GAFRB Exam - Topic 3 Question 16 Discussion

Actual exam question for AGA's GAFRB exam
Question #: 16
Topic #: 3
[All GAFRB Questions]

Which entity assists the president in overseeing the preparation of the President's Budget?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Daniel at Apr 09, 2026, 02:19 AM

Limited Time Offer

25%

Off

Get Premium GAFRB Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Shad
I think it's definitely C) OMB. They handle the budget prep.
upvoted 0 times
...
Noel
5 days ago
Totally agree, OMB is key for the budget!
upvoted 0 times
...
Joesph
10 days ago
Are we sure the Treasury doesn't play a bigger role?
upvoted 0 times
...
Suzi
15 days ago
Wait, I didn't know the OMB did all that!
upvoted 0 times
...
Vanna
2 months ago
I thought it was the CBO at first.
upvoted 0 times
...
Peggie
2 months ago
OMB is definitely the right answer!
upvoted 0 times
...
Cathern
3 months ago
I feel confident that the OMB is the answer. I recall reading about their specific functions in budget formulation, especially in OMB Circular A-11.
upvoted 0 times
...
Dominga
3 months ago
I’m a bit confused between the OMB and the CBO. I know the CBO provides analysis, but does it play a role in budget preparation?
upvoted 0 times
...
Irving
3 months ago
I remember practicing a question similar to this, and I think the OMB was mentioned as the main entity for budget oversight. So I’m leaning towards C.
upvoted 0 times
...
Tamekia
3 months ago
I think the OMB is the right answer since they handle the budget preparation for the President, but I’m not completely sure about the roles of the other entities.
upvoted 0 times
...

Save Cancel