Which of the following is not one of the fundamental

4. Which of the following is not one of the Fundamental Principles for Disbursement of Public
Funds under the GAM for NGAs?
a.
No money shall be paid out of any public treasury or depository except in pursuance of
an appropriation law or other specific statutory authority.
b.
Government funds or property shall be spent or used solely for public purposes.
c.
Trust funds shall be available and may be spent only for the specific purpose for which
the trust was created or the funds received.
d. Fiscal responsibility shall, to the greatest extent, be assumed solely by the Head of the
government agency.
5. Which of the following statements is incorrect regarding the GAM for NGAs?