Financial management in the public sector differs significantly from its private-sector counterpart. The foundation of the public financial management system is based on the following principles EXCEPT:
A) Democratic consent
B) Accessibility
C) Probity and Prudence
D) Equity and Transparency
Correct Answer:
Verified
Q101: _are used to allocate and account for
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Q104: _is one in which each specific budgetary
Q105: During the _, the data are aggregated
Q107: Information used in reporting should be reviewed
Q108: The policies that promote and support revenue
Q109: The statistical section contains provides trend data
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Q111: A budget is a financial plan that
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