Public Financial Administration and Management (PUB3705)
Exam (elaborations)
PUB3705 Assignment 3 (COMPLETE ANSWERS) Semester 2 2024 (526898) - DUE 13 September 2024
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Course
Public Financial Administration and Management (PUB3705)
Institution
University Of South Africa (Unisa)
Book
Public Finance Administration
PUB3705 Assignment 3 (COMPLETE ANSWERS) Semester 2 2024 (526898) - DUE 13 September 2024 ; 100% TRUSTED Complete, trusted solutions and explanations. For assistance, Whats-App 0.6.7-1.7.1-1.7.3.9. Ensure your success with us.. Discuss the measuring of public benefits as it relates to the spending o...
Public finance management is a cornerstone of good governance and accountability in any
government. Governments collect public money through various means, such as taxes, fees, and
grants, with the intention of utilizing these funds for the public good. The efficient and effective
management of these resources is critical to ensuring that citizens benefit from government
programs and services. Public benefits are measured by the tangible and intangible outcomes of
public spending, including infrastructure development, health improvements, and educational
achievements. In this regard, it is essential to assess public money spending with a focus on
fruitless and wasteful expenditure, output and outcomes, and accountability for outcomes. This
essay will explore the measuring of public benefits in relation to the spending of public funds,
emphasizing key aspects such as fruitless and wasteful expenditure, the relationship between
output and outcomes, and the accountability mechanisms in place to ensure public money is well-
spent.
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