How is public funding monitored?
Public funding is monitored through various mechanisms, including audits, reports, and oversight committees.
What types of audits are typically conducted?
Typically, financial audits, compliance audits, and performance audits are conducted to ensure proper use of funds.
Who is responsible for overseeing these audits?
Oversight can come from government agencies, independent auditors, and sometimes non-profit organizations.
Are there any consequences for misusing public funds?
Yes, consequences can include legal action, fines, and loss of funding or grants.
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