Question: QUESTION TWO Treasury regulations provides minimum requirements that must be met and guidance on the best practices. Describe the following regulations that relate to cash

QUESTION TWO Treasury regulations provides minimum requirements that must be met and guidance on the best practices. Describe the following regulations that relate to cash management in the public sector and illustrate with the use of examples. 2.1 Control of national and provincial revenue funds. (5) 2.2 Bank account configurations. (14) 2.3 Deposits into the revenue. (5) 2.4 Responsibilities of the South African Revenue Service. (5) 2.5 Responsibilities of the departments. (8) 2.6 Withdrawals from and investments in revenue funds. (5) 2.7 Requisitioning of funds by departments (8) (50)

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