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1. Cite fully five (5) financial legislations that guide and govern public financial management in
Ghana. 2. Provide four (4) justifications for enacting financial legislations in Ghana 3. State four
(4) financial responsibilities of each of the ff: a) Controller and Accountant General b) Minister
of Finance c) Principal Spending Officer d) Chief Director 4. Outline four (4) benefits of
adopting IPSAS in developing economy like Ghana.

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