Priorities in public and private sector financial management


Can you assist me with the following questions?

Question 1. Describe the difference in focus and priorities between public and private sector financial management. What is the public administrator's primary financial responsibility?

Question 2. Explain the process of planning and performance of zero-based budgeting in public management. Why is this philosophy widely used in public administration?

Question 3. Who are the recipient stakeholders in any public agency financial reporting process?

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