MPS621S - FINANCIAL MANAGEMENT IN THE PUBLIC SECTOR - 1st Opp - Nov 2025


MPS621S - FINANCIAL MANAGEMENT IN THE PUBLIC SECTOR - 1st Opp - Nov 2025



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nAmlBIA UnlVERSITY
OF SCIEnCE Ano TECHnOLOGY
FACULTY OF COMMERCE, HUMAN SCIENCES AND EDUCATION
DEPARTMENT OF GOVERNANCE AND MANAGEMENT SCIENCE
QUALIFICATION: BACHELOR OF PUBLIC MANAGEMENT
QUALIFICATION CODE: 07BPMA
LEVEL: 6
COURSE CODE: MPS621S
COURSE NAME: FINANCIAL MANAGEMENT IN
THE PUBLIC SECTOR
SESSION: NOVEMBER 2025
DURATION: 3 HOURS
PAPER: THEORY (PAPER 1)
MARKS: 100
FIRST OPPORTUNITY EXAMINATION QUESTION PAPER
EXAMINER{S) Mr. Ben Namabanda
MODERATOR: Mr. Jackpelins Muundjua
INSTRUCTIONS
1. This paper consists of 6 (six) questions of equal value.
2. Read all the questions carefully before answering.
3. Answer any 4 (four) questions.
4. Write clearly and legibly.
THIS QUESTION PAPER CONSISTS OF 2 PAGES (Including this front page)

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QUESTION 1
As a chief executive officer of a municipality in Namibia, you are required to ensure
that resources are utilised efficiently, and within the context of an effective and
transparent financial reporting system. By using relevant examples, outline the
following:
1.1 Important aspects financial statements should reflect.
[101
1.2 Main purposes for preparing and analysing financial statements of a local
authority.
[151
(25)
QUESTION 2
There are various components of financial management that you are expected to
know as a prospective public sector financial manager. By using relevant examples,
write explanatory notes on the following components of public financial management:
2.1 Strategic plans
[SI
2.2 Expenditure management
[SI
2.3 Financial management system
[SI
2.4 Budgeting
[SI
2.5 Performance management
[SI
(25)
QUESTION 3
You are a financial manager for a public sector institution in Namibia. By using relevant
examples, describe the conceptual properties of money you have studied. (25)
QUESTION4
The Nambian Auditor-General is a key role player in public financial management.
Explain the important role the auditor-general plays in public financial management.
Use relevant examples to illustrate your answers.
(25)
QUESTION 5
You are a manager responsible for overall tax revenue collection at the Namibia
Revenue Agency (NAMRA). Describe the fundamental principles that a good tax
system should display at NAMRA. Use relevant examples to illustrate your answers.
(25)
QUESTION 6
You are responsible for budget reforms for public sector institutions in Namibia.
Explain the process of a zero-based budgeting (ZBB) technique. Additionally, indicate
why you would recommend ZBB. Use relevant examples to substantiate your answers.
(25)
END OF PAPER
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