What does the term "Stewardship" mean in public sector accounting

What does the term "Stewardship" mean in public sector accounting

What does the term "Stewardship" mean in public sector accounting?

    A) Managing public funds in a responsible and accountable manner

    B) Maximizing profits

    C) Minimizing costs

    D) Investing public funds in high-risk assets

    Answer: A

    Explanation: Stewardship refers to the responsible management and accountability of public resources on behalf of taxpayers.