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Sources of finance for a public sector entity are primarily (select one):
Suggested Answer: B
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The correct answer is 'taxpayers'. On occasion, part of a public sector organisation may make sales which will generate revenue. In some mega-projects (eg power generation), public sector bodies will sometimes into long-term arrangements with private sector financiers, but this is not the mainstream. Delaying payments to suppliers is a tactic used by some organisations, but they are more likely to be private sector, and such a practice is regarded as unethical by many, including CIPS.
15 comments · newest first
EM
Emilio
11 months ago
Long-term bank loans (C) are more for private sectors, right?
JO
Jose
11 months ago
Wait, are we sure it's not A? Sales revenues can be significant too.
ST
Stephen
11 months ago
Delaying payments? That can't be a legit source, can it?
RE
Remona
11 months ago
I agree, B is the right choice.
TA
Tarra
11 months ago
Definitely B, taxpayers are the main source!
GW
Gwenn
12 months ago
I’m leaning towards B as well. It aligns with what we discussed in class about funding for public services coming from taxpayers.
CH
Christene
12 months ago
I’m not really sure about this one. I feel like delaying payments could be a strategy, but it doesn’t seem like a main source of finance.
AM
Amos
1 year ago
I remember a practice question that mentioned sales revenues for public entities, but it seems like that’s not their primary source.
VI
Vinnie
1 year ago
I think the answer might be B, taxpayers, since public sector entities rely heavily on tax revenue.
JA
Jamal
1 year ago
Okay, let me see here. Public sector entities... that means government, right? So the main source of their funding would be B - Taxpayers, not sales, loans, or delayed payments. I'm feeling good about that answer.
RA
Raina
1 year ago
This seems like a straightforward question about public sector finance. I'm pretty confident the answer is B - Taxpayers. That's the main source of funding for government entities.
FA
Fallon
1 year ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully. The options seem pretty straightforward, but I want to make sure I understand the context before selecting an answer.
ES
Essie
1 year ago
I think the answer is B - Taxpayers. Public sector entities like government agencies are primarily funded through tax revenue rather than sales or loans.
AL
Aleshia
1 year ago
I agree with Rosio, public sector entities mainly rely on taxpayers for finance.
RO
Rosio
1 year ago
I think the answer is B) Taxpayers.