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MPS621S - FINANCIAL MANAGEMENT IN THE PUBLIC SECTOR - 2ND OPP - JANUARY 2025 |
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n Am I BI A u n IVERs ITY
OF SCIEnCE Ano TECHnOLOGY
FACULTY OF COMMERCE, HUMAN SCIENCES AND EDUCATION
DEPARTMENT OF GOVERNANCE AND MANAGEMENT SCIENCES
QUALIFICATION: BACHELOROF PUBLIC MANAGEMENT
QUALIFICATION CODE: 07BPMA
LEVEL: 6
COURSE CODE: MPS621S
COURSENAME: FINANCIALMANAGEMENT IN
THE PUBLICSECTOR
SESSION: JANUARY 2025
DURATION: 3 HOURS
PAPER:THEORY (PAPER 1)
MARKS: 100
SUPPLEMENTARY/SECOND 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. Answer any 4 (four) out of the six questions.
3. Write clearly and legibly.
4. This paper is applicable to full-time, part-time, and distance
education students.
THIS QUESTION PAPER CONSISTSOF 2 PAGES(Including this front page)
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QUESTION 1
Tasked with the responsibility to oversee the management of government resources on
behalf of the legislature, the Nambian Auditor-General is a key role player in financial
management. Explain the important role the auditor-general plays in financial management.
Use relevant examples to illustrate your answers.
(25)
OUESTION2
Public financial management comprises various components. By using relevant examples,
write explanatory notes on the following components of public financial management:
• Performance management
(5)
• Budgeting
(5)
• Strategic plans
(5)
• Expenditure management
(5)
• Financial management system.
(5)
(25)
QUESTION3
As a chief financial officer, you should be aware of both the financial and conceptual
properties of money. Identify and describe the conceptual properties of money you have
studied. Use relevant examples to illustrate your answers.
(25)
QUESTION4
Each local authority council is required to prepare annual financial statements to ensure that
resources are utilised efficiently, with a healthy and transparent financial system. By using
relevant examples, outline important aspects financial statements should reflect, and the
main purposes for preparing and analysing financial statements.
(25)
QUESTION 5
You have been tasked with the responsibility of initiating a budget reform for a public sector
institution in Namibia. Explain the process of the zero-based budgeting (ZBB) technique. In
addition, indicate why you would recommend ZBB. Use relevant examples to substantiate
your answers.
(25)
QUESTION 6
By its nature, a project should be implemented to achieve a specific objective during a given
time span. By using a practical example of a public sector project, analyse the major
components of a typical project you have studied in this course.
(25)
END OF PAPER
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