KASNEB CA26 Practice Questions - KASNEB Certified Public Accountants (CPA) Intermediate - Public Finance And Taxation (CA26) Exam

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Which constitutional principle requires that all public funds raised or received by the national government be paid into a central fund unless legislation authorises otherwise?

Fiscal decentralisation Equitable sharing of revenue Consolidation of public funds Separation of powers

Correct Answer:

Consolidation of public funds

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