Review the slides from the Centers for Disease Control, Financial Management Office: Basics of Federal Budget and Financial Management. (Links to an external site.)
Write a paper in which you address the following:
What is the federal budget process and cycle?
Describe the HHS budget development stages as well as how you understand and interpret them.
What are the two different types of processes for mandatory and discretionary spending?
What are the three dimensions of appropriation law, and why are they important to understand? Summarize in your own words
What is the difference between contracts, grants, and cooperative agreements? Which would be applicable to a nonprofit agency?
What is the most important aspect of the GPRA as it relates to a nonprofit agency you might work for? Why?
Why are audits important both on the federal level and for nonprofits?
This is not an essay. Please just copy and paste the questions with the answers below it. I have attached the powerpoint that is to be used to answer the questions.
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