Using the budget of the U.S. in 2002 located in additional link below questions

d. What was the amount of total receipts? Where did they come from?

e. What was the amount of total outlays? Where did they go?

f. Explain the process used by the government to create a budget.

g. How is the federal budget monitored?

h. What is meant by a budget surplus? A budget deficit?

i. Why is a budget deficit important? A budget surplus?

j. How does teh governments budget process compare to the operating budgeting process described in the chapter? What are the similarities and differences?

additiional info located at ULR below for questions above

https://www.gpo.gov/fdsys/pkg/BUDGET-2002-CITIZENSGUIDE/pdf/BUDGET-2002-CITIZENSGUIDE-2.pdf