Which of the Following Statements Are NOT True About Municipal

question 28

Multiple Choice

Which of the following statements are NOT true about municipal governments in South Africa?

• A) They have taxation powers.
• B) Most cities are governed by ANC-dominated administrations.
• C) There has been a high voter turnout in local elections.
• D) Citizens have shown themselves to be unhappy by the performance of municipal governments as indicated by protests about the delivery of services.
• E) Although big cities draw the bulk of their revenue from local taxes, smaller municipalities are heavily dependent upon government grants.

---

Definitions:

Listed

Refers to securities that have been admitted to trading on a formal exchange, ensuring they meet certain criteria and standards.

Debit Balance

A balance occurring when the sum of debits in an account exceeds the sum of credits.

Credits

Accounting entries that can either decrease assets or increase liabilities and equity on a company's balance sheet.

Debits

In accounting, an entry recorded on the left side of a double-entry bookkeeping system that increases an asset or expense account, or decreases equity, liability, or revenue accounts.