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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.
Explain how a country can run an overall balance of payments deficit or surplus. Answer: A country can run a whole BOP (balance of payments) deficit or surplus by engaging in th
a) Ethics can be a rather prejudiced matter; whether it is ethical to market products directly at children depends on several factors: The age of the children being targeted
The approaches that Blin could accept regarding the relative proportions of long- and short-term finance to meet its working capital needs have been described as moderate, conserva
Illustration Find out the value of zero-coupon bond when maturity value is Rs.1,00,000, discounting rate is 12%, and the period is 25. Then,
Features of government securities: Issuers The government securities are issued by the central government, state governments, and semi-government authorities like municipa
This is an individual assignment. You are employed as a Trainee Accountant by Finners Accountants Ltd. The Finance Manager, Mr B Proudfoot has asked you to review details from
Calculate the sustainable growth rate
Determine the Preference Shares - Equity Instruments Sandwiched between equity share holders anddebt holders, preference share holders have promise of an assured dividend from
functions of stock market in usa
Advantages and Disadvantages of Investing in Gilts Advantages As the security is issued by the GOI, it has a minimal default risk. Investors have the opportunity to inves
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