circumstances under which public financial management might be appropriate to goods, works and services
Homework Answers
Public Financial Management refers to the set of rules, systems, laws and processes used by sovereign governments to mobilise revenue, allocate public funds, undertake public spending,and audit the results. It is conceived as a cycle of six phases, beginning with policy design and ending with external audit and evaluation. A large number of participants engaged in this “PFM cycle” ensure it operates effectively and transparently.
Strong PFM system is an essential aspect of the institutional framework for an effective state.
Effective completion of work and delivery of public goods and services is closely associated with poverty reduction and growth, and countries with strong and transparent accountable PFM systems to delivers services more effectively and equitably and regulate markets more efficiently and fairly. For this reason, good PFM is a necessary, if not sufficient, condition for most development outcomes.
Incase of any doubt, please comment below.
I would be happy to help.
Show your appreciation by upvoting the answer if it was of help to
you.
Add Answer to:
circumstances under which public financial management might be
appropriate to goods, works and services
What are the five conflict management styles? Under what conditions and circumstances might each be appropriate?
What are the five conflict management styles? Under what conditions and circumstances might each be appropriate?
Public financial management is critical for successful delivery of public services. The prime objective of public...
Public financial management is critical for successful delivery of public services. The prime objective of public financial management is to ensure that public resources allocated to projects and programmes through covered entities are applied economically, efficiently and effectively to enhance value for money in public spending. Contrary to expectation, public financial management in Ghana is bedevilled with gross infractions, irregularities and malpractices which deny the citizens the quality of public service delivery they deserve. The current Auditor General’s Report on...
Are there circumstances in which you might consider it unethical to charge for your services as...
Are there circumstances in which you might consider it unethical to charge for your services as an expert witness? Explain your answer.
Are there circumstances in which you might consider it unethical to charge for your services as...
Are there circumstances in which you might consider it unethical to charge for your services as an expert witness? Explain your answer. Laws and ethics in the health care profession.
List three circumstances under which health care professionals might choose to continue ventilator support of brain...
List three circumstances under which health care professionals might choose to continue ventilator support of brain dead patients.
Questions 2) A) Under what circumstances might it be possible to reduce inflation without causing a...
Questions 2) A) Under what circumstances might it be possible to reduce inflation without causing a recession? (5 points) B) Explain two ways in which a recession might raise the natural rate of employment. (5 points)
2. Under what circumstances might it be useful for a plant to use the cyclic pathway?
2. Under what circumstances might it be useful for a plant to use the cyclic pathway?
Consider the strengths and the differences under the MAPP, PACE-EH, and CHIP models. Under which circumstances...
Consider the strengths and the differences under the MAPP, PACE-EH, and CHIP models. Under which circumstances would you choose which approach? Please answer in two paragraphs. This question is a part of a health administration and public health context.
Under what circumstances might a state suffer an injury that would give it the standing to...
Under what circumstances might a state suffer an injury that would give it the standing to sue to block the enforcement of restrictions on the use of federal funds?
Define the phrase "earnings management" and distinguish between earnings management and fraudulent accounting? Under what circumstances,...
Define the phrase "earnings management" and distinguish between earnings management and fraudulent accounting? Under what circumstances, if any, is it acceptable for corporate executives to employ earnings management tactics?
Questions 2) A) Under what circumstances might it be possible to reduce inflation without causing a recession? (5 points) B) Explain two ways in which a recession might raise the natural rate of employment. (5 points)
2. Under what circumstances might it be useful for a plant to use the cyclic pathway?
Most questions answered within 3 hours.
-
Kylie is a single mom with two dependent children,
Tanner, age 7 and Olivia, age 11....
asked 31 minutes ago -
Phosphorous + bromine = phosphorous tribromide. If 35.0 g of
bromine are reacted and 27.9 grams...
asked 1 hour ago -
Derive the long wavelength limit of the Planck energy density
distribution
asked 1 hour ago -
Calculate the pH of each of the following solutions.
0.50 M HBr
3.1×10−4 M KOH
4.2×10−5...
asked 5 hours ago -
For the year ended December 31, Depot Max’s cost of merchandise
sold was $85,600. Inventory at the...
asked 5 hours ago -
Week 10 - Professional Memo Assignment
Professional Memo Assignment
Your mission for this week, should you...
asked 5 hours ago -
Write a Python program that stores the data for each
player on the team, and it...
asked 5 hours ago -
In
the last 3 months, mike never knows when he is going to get his
allowance...
asked 6 hours ago -
Is Ca(OH)2 a Bronsted base, Lewis base, or both? Why?
asked 5 hours ago -
1A- Why don’t voters complain about U.S. tariffs on imported
sugar?
Because sugar is only a...
asked 6 hours ago -
Cash Payback Period
Primera Banco is evaluating two capital investment proposals for
a drive-up ATM kiosk,...
asked 6 hours ago -
Create a button in Swift (Xcode) that will create a charge,
create a charge using Stripe's...
asked 6 hours ago