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Hps2214:Transport Economics Question Paper

Hps2214:Transport Economics

Course:Bachelor Of Supplies Management

Institution: Meru University Of Science And Technology question papers

Exam Year:2010

QUESTION ONE (30 MARKS)
a) Define the term fiscal policy. (2 marks) b) Explain the key objectives of fiscal policy in Kenya. (10 marks) c) Highlight at least SIX objectives of public procurement. (6 marks) d) In the national economy, the market mechanism cannot perform all those functions required to attain an efficient and equitable allocation of resources. In view of this observation, discuss the reasons why the public sector is necessary in accounting. (12 marks)
QUESTION TWO (20 MARKS)
a) State the basic public procurement rules in line with the PPDA-2005. (5 marks) b) Briefly explain the role of public finance in a developing country. (6 marks) c) Identify and explain THREE public procurement regulatory bodies in Kenya. (9 marks)
QUESTION THREE (20 MARKS)
a) What is Procurement Planning. (2 marks) b) Briefly explain the main principles of taxation. (8 marks) c) Discuss the process of open national tendering. (10 marks)
2
QUESTION FOUR (20 MARKS)
a) Explain the advantages of direct taxes in a country. (6 marks) b) Discuss the prime procurement procedures, methods in line with the PPDA -2005 (14 marks)
QUESTION FIVE (20 MARKS)
Write short notes on the following public finance and public procurement terms:
a) Budget policy. (5 marks) b) Taxation (5 marks) c) Tendering (5 marks) d) Accounting Officer (5 marks)

Hps2214:Transport Economics Question Paper

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