What does the role of "Stewardship" involve in public sector accounting

date:2026-02-13 19:40:14 author:admin browse: time View comments Add Collection

What does the role of "Stewardship" involve in public sector accounting

What does the role of "Stewardship" involve in public sector accounting? (Select all that apply)

    A) Managing public funds responsibly

    B) Being accountable to taxpayers

    C) Maximizing returns on investments

    D) Ensuring transparency in financial reporting

    Answer: A, B, D

    Explanation: Stewardship involves responsible management of public funds, accountability to taxpayers, and transparency in financial reporting, but not necessarily maximizing investment returns.