(i) County expenditure must be approved by the county assembly to avoid embezzlement and misuse.
(ii) Proper financial management.
(iii) County funds should be well managed through maintenance of proper records and auditing as required.
(iv) Economy.
(v) County expenditure must be incurred in the most economical way by avoiding any possible waste from occurring.
(vi) Maximum social benefit.
(vii) Any county expenditure must be incurred in such a way that majority of people are able to reap maximum benefit out of it.
(viii) Flexibility.
(ix) County expenditure should be adaptable to any future unforeseen occurrence and economics situations in the county.
maurice.mutuku answered the question on July 6, 2017 at 06:05
- What are the differences between a private limited company and partnership forms of Business units?(Solved)
Describe the differences between a private limited company and a partnership forms of Business units.
Date posted: July 6, 2017. Answers (1)
- What are the benefits of direct production?(Solved)
Explain the benefits of direct production.
Date posted: July 6, 2017. Answers (1)
- Why does the Kenyan government impose tax?(Solved)
List reasons why the Kenyan government imposes tax.
Date posted: July 5, 2017. Answers (1)
- What are the merits of current account to the account holder?(Solved)
Give the merits of current account to the account holder.
Date posted: July 5, 2017. Answers (1)
- What is a current asset?(Solved)
Define current asset.
Date posted: July 5, 2017. Answers (1)
- A resource is something that is used by a business to achieve an objective.
What are the resources available in a business?(Solved)
Highlight resources that are available in a business.
Date posted: July 5, 2017. Answers (1)
- What is a long term liability?(Solved)
Define "long term liability" and give an example.
Date posted: July 5, 2017. Answers (1)
- Why do many governments discourage localization of firms?(Solved)
Give reasons why many governments discourage localization of firms.
Date posted: July 5, 2017. Answers (1)
- What is personal selling?(Solved)
Define personal selling.
Date posted: July 5, 2017. Answers (1)
- What is Publicity?(Solved)
Define publicity.
Date posted: July 5, 2017. Answers (1)
- What is advertising?(Solved)
Define advertising.
Date posted: July 5, 2017. Answers (1)
- What are the advantages of pipeline transport over the road transport?(Solved)
Give the advantages of pipeline transport over the road transport.
Date posted: July 5, 2017. Answers (1)
- Public finance refers to activities carried out by the government in raising and spending of finances.
What are the purposes of public finance?(Solved)
Give the purposes of public finance.
Date posted: July 5, 2017. Answers (1)
- What is public relations?(Solved)
Define public relations.
Date posted: July 5, 2017. Answers (1)
- What are the contents of a cover note?(Solved)
Give the contents of a cover note.
Date posted: July 5, 2017. Answers (1)
- What are the merits of a bonded warehouse to the Government?(Solved)
List the merits of a bonded warehouse to the Government.
Date posted: July 5, 2017. Answers (1)
- What are the limitations of a siren as a means of communication?(Solved)
Give the limitations of a siren as a means of communication.
Date posted: July 5, 2017. Answers (1)
- One of the flagship projects by the Kenya Government is LAPSSET and Standard Gauge Railway(SGR).
What are the benefits of the new Railway line to the Kenyan economy?(Solved)
What are the benefits of the new Railway line to the Kenyan economy?
Date posted: July 5, 2017. Answers (1)
- Why do consumers need protection from unscrupulous traders?(Solved)
Give reasons why consumers need protection from unscrupulous traders.
Date posted: July 5, 2017. Answers (1)
- Among the documents required by the Registrar of companies is the Articles of Association.
What are the contents of the Articles of Association?(Solved)
List the contents of the Articles of Association.
Date posted: July 5, 2017. Answers (1)