Discuss the administrative process in governance.
Answers
Answer:
The Importance of Public Financial Management
1.The flow and management of funds is the lifeblood of our system of public administration.
2.Many aspects of the design of the American system of public financial management go back to our deepest political traditions and compacts.
3.Others, like the idea of the welfare state, go back only a few generations.
Still others, such as the concept of “user pays,” are at their height.
The Importance of Public Financial Management
Think of the system as rather like a huge irrigation system, one which gathers rainfall in large dams, and distributes the flow of water through large and small pipes to many disparate communities, to commercial users, schools and hospitals, to parklands and charities, to businesses and individuals, to seaside areas and deserts.
Explanation:
Six Principles
Boston Tea Party.
No taxation without representation.
Principles.
Democratic consent.
Equity.
Transparency.
Probity.
Prudence.
Accountability.