Financial Law Objectives of MIEMP Witte

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Uploaded: 07.04.2019
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Score 100 points.
Task 1
Do clients and legal entities have the right to make settlements with banks in cash?
Task 2
The Chamber of Accounts, carrying out control and analytical measures regarding government spending, revealed abuses in one of the federal extrabudgetary funds. It was found that the fund was spent on purpose and unreasonably. The management of the fund, however, managed to influence the top officials and one of the government leaders (deputy prime minister) gave an oral order to stop the audit of the Accounts Chamber.
Questions:
 Does such an order have legal force? Is it legal? Can it give an actual result?  What authority should be provided with the results of control and analytical measures of the Accounts Chamber?
Task 3
From the budget of the republic (subject of the Russian Federation), a budget for the city N was allocated a subvention for the construction of a road, which was to be completed by the end of the year. The city authorities used the received funds to partially improve the streets, partly to upgrade the bus fleet. Part of the funds by the end of the year remained untapped.
Questions:
 What is the fate of untapped funds?  What will be the situation with regard to funds used for other than the intended purpose of subsidies?

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