Highlight four factors that must be considered before incurring public expenditure

      

Highlight four factors that must be considered before incurring public expenditure

  

Answers


Davis
i. Maximum social benefit/equity
ii. Waste must be discouraged/economy
iii. Flexibility/elasticity – possibility to vary expenditure according to
the circumstances.
iv. Sanctions-expenditure must be determined by a certain authority
v. Sound financial administration-accuracy and systematic/certain
Githiari answered the question on September 23, 2017 at 08:55


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