Answer :
Final answer:
Municipalities must uphold the social responsibility of effectively managing public funds to support the community. Mismanagement of public funds through fraud and corruption can severely impact social development in communities.
Explanation:
One social responsibility of municipalities is to manage public funds transparently and efficiently for the benefit of the community.
Mismanagement of public funds through fraud and corruption can have devastating effects on social development in communities. When funds are siphoned off for bribes or personal gain, essential services such as healthcare, education, and public infrastructure suffer. The lack of financial resources can lead to inadequate service delivery, widening inequality, and hindered overall development.
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