MUNICIPAL FINANCE LEGISLATIVE ENVIRONMENT AND POLICY APPLICABLE USID: 116361, 119334, (and 116344 as may be applicable) Instructions: a. Answer any two (2) questions of your choice. Each question carries 50 marks. b. Each questions should be addressed thoroughly but straight to the point. These points should be clarified with clear examples where possible. c. You are expected to write +/-3pages for each question, 1.5spacing, 12pt Times Roman or 11pt Arial. CHOOSE ANY TWO (2) OF THE FOLLOWING KEY QUESTIONS AND THEIR SUB-QUESTIONS. 1. Any misuse of public funds at any local government level constitutes corrupting the state. (i) Please explain what you understand by this statement giving reasons for any of your positions. (ii) In what sense does the misuse of