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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.
The Financial Services Authority in the United Kingdom: The Financial Services Authority (FSA) in the United Kingdom (UK) is the financial watchdog. It is a company limited by
What is the Ratios based on historic cost accounts Ratios based on historic cost accounts don't give a true picture of trends, due to the effects of inflation and different acc
Q. Credit Standards for Formulation of Optimum Credit Policy? Credit Standards: - Credit standards are the essential criteria set for extension of credit to customers. Decision
TIME VALUE OF MONEY Time value of money can be described as the value of a unit of money at different time periods. It involves that the value of a unit of money is not same
If the cost benefits of interest rate swaps would similarly be arbitraged away in competitive markets, what other descriptions exist to explain the rapid development of the interes
Q. Explain about Invoice discounting? Invoice discounting is a technique which is able to be used to raise finance against receivables. Invoice discounting works as follows:
Does the shareholders' equity represent the savings a company has accumulated through the years? No. The number which shows in the Shareholder's Equity of a company that was fo
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Treasury Bills, popularly known as T-bills, are issued in India by the RBI on behalf of the Government of India. T-bills are short-term securities with a maturity of 91
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