Chapter 7 PAD102

The revenues collected must be properly managed and

considered as public money.

• TRUE

• FALSE

State Agency

responsible in preparing and managing the Federal

Government Budget and other financial matters.

• TRUE

• FALSE

Definition of public finance administration

• Public finance administration is responsible in collecting revenue from the public.

• Public finance administration concerns with the

  techniques of managing personal/individual monies within the organization.

• Public finance administration concerns with the managing of the personnel matters within the government.

• Public finance administration concerns with the

  techniques of managing public monies.

The activities of public administration that concerns with

how the government should manage the

collection of potential revenues and spend the

revenues.

• TRUE

• FALSE

There are X components of public financial. X is

• 2

• 3

• 4

• 5

The management of public funds is essential for

ensuring transparency and accountability.

• FALSE

• TRUE

Public finance administration includes the

evaluation of government spending and

revenue generation strategies.

• TRUE

• FALSE

The principles of public finance are essential for

effective government operations.

• FALSE

• TRUE

Public finance administration is only concerned with

tax collection and not with expenditure management.

• TRUE

• FALSE

Effective public finance management can lead to

improved economic stability and growth.

• TRUE

• FALSE