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Question 1:
(a) Explain fully the difference between ‘Pay-As-You-Use' and ‘Pay-As-You-Go' methods of financing infra-structural projects.
(b) Write short notes on any ONE of the following:
(i) Private Finance Initiative
(ii) The life cycle costs of a physical asset
Question 2:
(a) Describe the incremental budgeting technique. Illustrate your answer with practical examples such as in recurrent expenditure budgeting.
(b) Give three reasons why incremental budgeting is still practised in the public sector in spite of its limitations.
Question 3:
Using an example of your choice, describe how Social Cost Benefit Analysis is applied in the public sector.
Other than zero coupon bonds, all fixed income securities make periodic payments in the form of coupon interest. This coupon interest can be rei
Unlike the mortgage pass-through securities, the mortgage-backed bonds are debt obligations of the mortgage originator. Every issue of such bonds should be backed
What are the importance of leverage on a small scale firm?
Question: (a) In the Strategic Planning Model, describe the various stages involved in the generation of capital projects in the public sector. (b) Outline the life cycle-co
1: How will you inform your managers and supervisors about budgets, reporting requirements and financial delegations? 2: What mechanism you will implement to ensure that there a
Defined Contribution Plans In defined contribution plans, the contributions made by or on behalf of the employee are accumulated and paid on retirement along with such return a
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