The correct answer is D) the budget is ready for the start of the new fiscal year on October 1.
Congress and the president work to have the new budget enacted by the end of September so the budget is ready for the start of the new fiscal year on October 1.
The United States elaborates the annual Budget to anticipate revenues and expenditures during the next fiscal year. This Budget had to highlight priorities and levels of spending. The Executive branch formulates the Budget. At the beginning of February, the Executive branch sends the Budget to Congress for approval or comments. After it is passed, there is a process of execution and control of the spending and finally, an audit and evaluation.