GK
PUBLIC ADMINISTRATION
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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: -The principle of Maximum social advantage is the. ‘Principle of Public Finance’.
Detailed explanation-2: -Dimock, “Financial administration consists of a series of steps whereby funds and made available certain social under procedures which will ensure their lawful and efficient use. The main ingredients are budgeting, accounting, auditing and purchase, and supply.”
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