Which act imposes fines or jail time for officials who exceed authorized spending?

The Anti-Deficiency Act is the correct choice because it is designed to prevent government officials from spending more money than what has been appropriated by Congress. This act ensures that federal expenditures do not exceed budgetary limits, thereby maintaining fiscal discipline within government entities.

Under the Anti-Deficiency Act, officials can face significant penalties, including fines and imprisonment, for knowingly authorizing or making expenditures that exceed the funds appropriated for that purpose. The act is a critical component of financial management in the federal government, promoting accountability and preventing overspending.

Other acts mentioned, while also related to government financial practices, do not specifically impose penalties in the same manner as the Anti-Deficiency Act. For example, the Federal Accountability Act focuses on ensuring proper financial management and accountability but does not specifically address unauthorized spending in terms of criminal penalties. The Government Budget Control Act primarily deals with budget caps and fiscal policies without directly imposing penalties on officials, while the Fiscal Responsibility Act could relate to broader fiscal policy but is not specifically about unauthorized expenditures.