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Who is the Accounting Officer in terms of the Public Finance Management Act, 1999?

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Who is the Accounting Officer in terms of the Public Finance Management Act, 1999? a. The Chief Financial Officer.
b. The head of the department or the CEO of a constitutional institution.
c. The Chairman of the audit committee.
d. The Chairman of the board.




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    1. Quizzma Team

      The correct answer is: b. The head of the department or the CEO of a constitutional institution.

      Explanation: In terms of the Public Finance Management Act of 1999, the Accounting Officer is the head of the department or the Chief Executive Officer (CEO) of a constitutional institution. This individual is responsible for the financial management and oversight of the department or institution, ensuring compliance with financial regulations and proper use of public funds.

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