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Municipal Council Financial Management Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is one function that may NOT be delegated by a Municipal Council?

a)

The passing of by-laws

b)

The granting of loans

c)

The approval of contracts

d)

The management of reserves

2.

Who has the supreme authority on municipal financial matters?

a)

The provincial government

b)

The voters-cum-taxpayers

c)

The local council

d)

The municipal manager

3.

Which of the following is a responsibility of the councilors?

a)

To manage all public moneys personally

b)

To delegate financial decisions

c)

To approve personal budgets

d)

To oversee private sector contracts

4.

What must councilors be knowledgeable about?

a)

Private sector operations

b)

Local government activities

c)

National policies

d)

International laws

5.

Which of the following can the council NOT do?

a)

Tax and appropriate public funds

b)

Raise loans

c)

Impose rates and levies

d)

Delegate financial authority

6.

What is required for councilors to be explicitly accountable?

a)

They must work with external auditors

b)

They must have a financial background

c)

They must be knowledgeable about local services

d)

They must be elected by the public

7.

What is one of the roles of the council in financial management?

a)

To create national budgets

b)

To oversee municipal elections

c)

To manage public moneys

d)

To approve all private loans

8.

Who derives authority from the voters-cum-taxpayers?

a)

The municipal manager

b)

The financial officers

c)

The local council

d)

The provincial government

9.

What is NOT a function of the Municipal Council?

a)

The approval of budgets

b)

The management of private funds

c)

The imposition of duties

d)

The raising of loans

10.

What must councilors be aware of regarding public moneys?

a)

The objectives for spending

b)

The national financial policies

c)

The sources of income

d)

The private sector investments