ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Financial Administration is to
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to ensure the proper revenue and expenses are carried out correctly
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to ensure the purchasing/ procurement is done appropriately, correctly and legally
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to ensure the government has enough money for financing the program and activities and to achieve the state’s desired goal.
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to ensure the public fund is managed in a proper manner by following the law, rules and procedures
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Explanation:
Detailed explanation-1: -Principles of Budget Ensure that budget documents and data are open, transparent and accessible. Provide for an inclusive, participative and realistic debate on budgetary choices. Present a comprehensive, accurate and reliable account of the public finances. Actively plan, manage and monitor budget execution.
Detailed explanation-2: -The purpose of a budget is to plan, organize, track, and improve your financial situation. The budget is a management instrument used by any entity, financially ensuring the dimension of the objectives, revenues, expenses, and results at the management centers level.
There is 1 question to complete.