Which of the following statements most accurately describes best practice in tax policy?

The best taxes should be most distortionary to provide the most tax revenue

The best taxes should support macroeconomic stabilization and have easy administration and compliance standards

The best taxes have complex administration and compliance standards to achieve a broad tax base

The best taxes have a narrow tax base

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 12

1 punto posible (calificable)

After the budget law is voted, which of the below constitutes apportionment?

Parliament passes a budget law giving legal authority for spending by the Department of Education

The Ministry of Defense sets aside funds in one fiscal year as it begins inviting competitive bids for a future defense program

The Ministry of Finance releases quarterly budget allotments to the Ministry of Health, which distributes this allotment to its field level units

The Ministry of Public Works signs a contract with a supplier to purchase new railway cars

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 13

1 punto posible (calificable)

Cash Management is most efficient when:

The government has one single bank account at the Central Bank

Line ministers and budget units have separate bank accounts

The government has many accounts in commercial banks

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 14

1 punto posible (calificable)

Identify the correct statement on the Treasury Single Account (TSA)

The TSA is a unified structure of government bank accounts

The TSA can reduce debt servicing cost

The TSA improve reconciliation of fiscal and banking data as well as quality of fiscal information

All of the above

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 15

1 punto posible (calificable)

A sweeping arrangement zero-balance account refers to different ways to organize:

The government's main account at the Central Bank

Agencies' bank accounts that are part of the Treasury Single Account system

Integrated debt and cash management

Financial Management Information System

All of the above

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 16

1 punto posible (calificable)

Identify the correct statement

Public-Private Partnerships (PPPs) should be managed outside the regular budget process because they are not financed by the budget

Budget comprehensiveness means that all public investment, regardless of the funding channel, is authorized by the legislature and included in the budget documentation

If the public procurement law requires competitive procurement for big projects, this will by itself ensure value for money

Protection of investment means political interference causing "virement" from recurrent to capital expenditures

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 17

1 punto posible (calificable)

The only way to improve a country's infrastructure is to increase public investment.

True

False

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 18

1 punto posible (calificable)

The main difference between accrual- and cash-based accounting is:

The units of recorded transactions

The timing of recording transactions

The double entry recording of transactions

There are no differences as accrual is simply another term for cash base

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 19

1 punto posible (calificable)

Identify the incorrect statement related to the government financial accounts:

Transactions are flows that result from policy decisions that are in control of government

The change in stocks equals flows, defined to include other economic flows

The change in stocks equals transactions

Other economic flows include valuation changes

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 20

1 punto posible (calificable)

What is the key characteristic of the judicial model of Supreme Audit Institutions?

The Supreme Audit Institution is independent of the Executive and Legislature and functions as a court

The Supreme Audit Institution is independent of the Executive

The Supreme Audit Institution has a close relationship with the Legislature

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 21

1 punto posible (calificable)

In which of PEFA's pillars do indicators focus on the extent to which central government operations are outside financial reports?

Budget reliability

Accounting and reporting

External scrutiny and audit

Transparency of public finances

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 22

1 punto posible (calificable)

Which document includes indicators to assess fiscal transparency?

The Open Budget Survey

The PEFA framework

the IMF's Fiscal Transparency Code

All of the above

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 23

1 punto posible (calificable)

When aid is provided as project support rather than general budget support, this aid

Is impossible to capture in budget documentation

Cannot be reported in the fiscal accounts or audited

Cannot be channeled through the Treasury Single Account

Reduces fungibility of funds

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 24

1 punto posible (calificable)

Modern thinking about the design, prioritization, and sequencing of PFM includes:

The need for a big push by donors for rapid comprehensive reforms

Introducing advanced PFM functions to allow developing countries to catch up to developed countries

Problem-driven design of the reforms

The centralization of all important public finance functions in the Ministry of Finance

I don't know

sin responder

Guardar

Guardar respuesta

Enviar

Ha realizado 0 de 1 intento

Algunos problemas tienen opciones como guardar, restablecer, sugerencias o mostrar respuesta. Estas opciones aparecen despus de oprimir el botn Enviar.

Question 25

1 punto posible (calificable)

A modern PFM organization, as opposed to a traditional one, involves

Informal rules

Hierarchical structure

Centralization of functions in the Ministry of Finance

Horizontal exchange of information