- 2 Marks
Question
Explain what a covered entity is in Public Sector Accounting and Finance.
Answer
The PFM Act 2016 defines a covered entity to mean:
- Executive, Legislature, and Judiciary;
- Constitutional bodies;
- Ministries, Departments, Agencies, and local government authorities;
- The public service; autonomous agencies; and
- Statutory bodies.
- Tags: Covered Entity, PFM Act, Public Sector Accounting
- Level: Level 2
- Topic: The context of public financial management
- Series: MAY 2020
- Uploader: Theophilus