0 votes
in Business by
Benefits of capital budgeting in the public sector

1 Answer

0 votes
by (41.7k points)

Benefits of capital budgeting in the public sector;

  • It facilitates and promotes sound financial management
  • It promotes greater efficiency in the use of tax resources
  • It offers an effective way to replace or repair capital facilities
  • It forces communities to examine their goals and needs capabilities
  • It is an important means for promoting regional corporation
  • It provides important guide in the growth and development of the community
  • It enhances the government or organization's opportunity to participate
  • It encourages public organizations to improve their administrative system

Related questions

0 votes
1 answer
0 votes
1 answer
0 votes
1 answer
asked May 26, 2021 in Business by anonymous
0 votes
1 answer
asked Mar 23, 2021 in Revision by anonymous
Register, ask, and answer questions to earn more points and privileges. Some features are disabled for users with few points.
Welcome to Kenyayote Q&A, the largest community site in Kenya where you can ask any question and receive answers from Kenyayote staff and other members of the community.

Before you ask, search the website to make sure your question has not been answered.

If you are ready to ask, provide a title about your question and a detailed description of your problem.

Register to join Kenyayote Ask Community.
...