The management of Public Funds is know as:Question 6Answera.Public Financial Trustb.Public Managementc.Public Financial Managementd.Financial Management

To tackle this question, we need to identify the correct term that describes the management of public funds. Here’s the breakdown:

1. Understanding the Options:

   • a. Public Financial Trust
   • b. Public Management
   • c. Public Financial Management
   • d. Financial Management

2. Identifying the Key Concept:

   • The management of public funds involves ensuring that government resources are used effectively and responsibly. This is primarily focused on the financial aspect of public resources.

3. Analysis of Options:

   • Public Financial Trust: This term typically refers to a type of trust fund established for managing public money, rather than the management process itself.
   • Public Management: This broader term encompasses various management activities in the public sector but does not specifically target financial processes.
   • Public Financial Management: This term specifically focuses on the management of public funds, including budgeting, expenditure, and financial reporting.
   • Financial Management: This is a general term applicable to both public and private sectors and lacks the specificity regarding public funds.

4. Conclusion:

   • After analyzing the options, the term that best describes the management of public funds is c. Public Financial Management.

Final Answer

c. Public Financial Management