Association of Chartered Certified Accountants (ACCA) Certification Practice Test 2026 - Free ACCA Practice Questions and Study Guide

The acronym PSNDR stands for Public Sector Net Debt Repayment. This term is relevant in the context of public sector finance as it refers to the management and repayment of net debt held by public sector entities. Understanding this concept is crucial for analyzing the sustainability of public finances and the ability of a government to meet its debt obligations. The public sector's net debt includes all obligations minus financial assets, and effective management of this debt is vital for maintaining fiscal stability.

The other options, while they contain related terms, do not accurately define PSNDR. They may refer to concepts within public finance, but they do not encapsulate the specific aspect of net debt repayment that PSNDR addresses. By focusing on this repayment aspect, one gains insight into how public authorities manage their debts over time, consider their fiscal policies, and plan for future financial commitments.