Question 1:

i) Performance budgeting is the best budgeting system. Discuss.

ii) Why there is a need for implementing MTEF in the Mauritian Public Sector?

Question 2:

i) Is the risk-based approach to internal audit appropriate for countries with less developed systems and less well trained public officials?

ii) A centralised approach to Internal Audit is better than a decentralised approach.

Question 3:

Suppose you have been assigned the duty of appraising three public works projects: Road/Street Projects, Harbour Roads and Regional Farm Roads. Explain the procedure for cost benefit analysis in each case and discuss the consequences of using the same or different appraisal methods for such projects.