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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.
What is the different between equity claims and debt instruments in financial securities? By getting conclusion about equity claims and debt instruments, that equity claims are
Q. Investigate the following functions for both horizontal and vertical asymptotes, x and y-intercepts, and state the domain and range of each and where the function is increasing
Suppose you are planning to make regular contributions in equal payments to an investment fund for your retirement. Which formula would you use to figure out how much your investme
numericals with solutions
In 1952, to provide equilibrium between assets and liabilities of insurance companies, Frank Redington, an English actuary, proposed interest rate immunization te
explain accounting purposes
E v aluation of bids and determination of the lowest evaluated responsive and qualified bidder You learnt how to receive and open bids in the previous sub section. Here you
Market risk as that portion of total variability of return caused by the alternating Forces of bull and bear markets. When the security index moves upward haltingly for a signifi
Q. What is denoted by weighted average cost of capital OR Composite? How is it calculated? Exemplify with an example. Ans. Weighted Average Cost of Capital: - Capital formation
The current market value of any real or financial assets is the present value of the cash flows accruing to that asset discounted by a market determined risk-adjusted required rate
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