What does the acronym OMB stand for?

What does the acronym OMB stand for?

• A. Office of Management and Budget
• B. Office of Monetary Benefits
• C. Office of Measurement and Bureau
• D. Office of Market and Business

Answer: (A)

The acronym stands for Office of Management and Budget. This U.S. federal agency, part of the Executive Office of the President, handles the development of the federal budget, coordinates spending plans across departments, and oversees regulatory and information-collection processes to ensure efficient government management. The other options don’t correspond to real or commonly used agency names, so they wouldn’t be abbreviated as OMB.

The acronym stands for Office of Management and Budget. This U.S. federal agency, part of the Executive Office of the President, handles the development of the federal budget, coordinates spending plans across departments, and oversees regulatory and information-collection processes to ensure efficient government management. The other options don’t correspond to real or commonly used agency names, so they wouldn’t be abbreviated as OMB.