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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.
Q. What is Estate Tax? Estate Tax - Tax on the value of a DECENDENT'S taxable estate, usually defined as the decedent's ASSETS less LIABILITIES and certain expenses that may in
Calculate the Future Value of an Annuity: Annuity is stated as periodic payment every period for a number of periods. This periodic payment is the same each year only then it c
What is Dividend Decision Determination of funds requirements and how much of itwould be generated from internal accruals and how much to be sourced from outsideis a crucial
Types of equaty Securities Equity securities, traditionally, are classified into two types when they are issued. They are: Common Stock, and Preferred Stock. Common Stoc
Marshall-Edgeworth Method Marshall-Edgeworth method uses both the current year as well as the base year prices and quantities. Marshall-Edgeworth Index can be computed using th
discuss an operating cycle of vegetable growing in Uganda
In financial analysis, interpolation is used widely in: Determination of internal rate of return of a project. Finding out the yield to maturity (ytm)
(b) What are the possible advantages of an offshore pension fund?
Q. Define Policy formulation - accounts receivable management This is concerned with set up the framework within which management of accounts receivable in an individual compan
Why investment decision depend on financing decision All these decisions interact, investment decision cannot be taken without taking the financing decision, working capital de
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