Question

define public sector​

Answer 1

Answer:

Public sector, portion of the economy composed of all levels of government and government-controlled enterprises. It does not include private companies, voluntary organizations, and households.Public sector organisations are owned by the government. They provide goods and services for the benefit of the community. They are run by the government. They operate with money raised from taxes.Public sector accounting is an accounting method applied to non-profit pursuing entities in the public sector - including central and local governments, and quasi-governmental special corporations - for which the size of profits does not provide an effective measurement for evaluating performance.

Explanation:

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