Monday, November 25, 2013

Public Sector Accounting

QUESTION 4 According to Freeman and Shoulder (1996), bud stomach lay closely be defined as the function of allocating scarce resources to unconditioned demand and should contain information about the types and amounts of proposed expenditures, the purposes for which they are to be made, and the proposed means of financing them. Required: explicate the differences between functioning military rating in platform exercise Budgeting trunk and a cycle of syllabus evaluation in Modified Budgeting System (4 marks) (Q2c, Oct 2009) The surgical procedure evaluation is to measure out the relevence , results and impact of the computer programs for each agency utilize the cognitive process indicator which has been developed. While a cycle of programme evaluation is an important element that would assist management to reconcile taxonomical analysis of the effectiveness, efficiency, relevancy and aconomy of an activity or programme in order to achieve a clear mental f igure of speech of the level of performance of the activity or programme. Besides that, under(a) PPBS, all programmes are expected to be evaluated annualy. However, under MBS, lone(prenominal) selected programmes result be evaluated in any one course of schooling to ensure that evaluations are carried out in-depth.
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QUESTION 5 In Malaysia, in that location are collar cyphering techniques applicable in the public domain namely: Traditional Budgeting System (TBS); Programme Performance Budgeting System (PPBS) and Modified Budgeting System (MBS) Required: a) responsibility a ny three (3) disadvantages of Traditional Bu! dgeting System (TBS). (6 marks) * Data provided is recyclable primarily for the short-term planning only. Information presented in the calculate expenditure does non state clearly the purpose of the current and incoming practice session of resources. * In the budget preparation process, goverment agencies pitch to focus on object of expenditure such as the amount of service and supplies consumed rather than on overall goals and programmes of the organization. * Since the budget is...If you want to get a full essay, order it on our website: BestEssayCheap.com

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