QUESTION 1 1.1 The Public Finance Management Act regulates financial management in the public sector. You are an accounting officer at Ubuntu Municipality and are uncertain about your general responsibilities under the act. Do some research and explain these responsibilities. Illustrate your understanding with relevant practical examples.

1.2 Your responsibilities as an accounting officer extend to budgetary control too. Referring to the Public Finance Management Act, explain the responsibilities concerning budgetary control as they pertain to you.