Financial Management in the Public Sector Differs Significantly from Its

question 128

Multiple Choice

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

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Definitions:

Auditory Stimuli

Sounds or noises that trigger a response from the auditory system, influencing perception and behavior.

Visual Stimuli

Any objects or events that are seen and can influence a person's behavior or emotional state.

Rehearsal

Repetition.

Seriation

The cognitive ability to arrange objects in order according to size, shape, or any other characteristic.