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    Financial Management in Public Service Organizations

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    1. What are the major sources of financing for the federal government, state governments, the health sector, and the not-for-profit sector?

    Your response must be at least 75 words in lenght.

    2. Discuss the rol of financial management in public service organization.

    Your response must be at least 75 words in lenght.

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    https://brainmass.com/business/finance/financial-management-public-service-organizations-624618

    Solution Preview

    1. What are the major sources of financing for the federal government, state governments, the health sector, and the not-for-profit sector?

    The federal government raises trillions of dollars through tax revenue and fees. Taxes fund a variety of government programs while other taxes fund the government in general. If taxes for the year are not sufficient enough to cover all required expenses, the United States Treasury will then borrow money in order to make up the ...

    Solution Summary

    The expert discusses the role of financial management in public service organizations. The major sources of financing for the federal government, state governments, the health sector, and the not-for-profit sector are provided.

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