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Dfi 402: Financial Management In The Public Sector Question Paper

Dfi 402: Financial Management In The Public Sector

Course:Bachelor Of Commerce

Institution: University Of Nairobi question papers

Exam Year:2013

INSTRUCTIONS:
1. Answer ALL Questions.
2. Be clear and concise.

QUESTION ONE
(a) Briefly explain ''Public Sector Financial Management''. (5 marks)

(b) Explain why Financial Management in the Public Sector is important. (6 marks)

(c) What is inefficiency in the Public Sector? Give reasons why it may occur. (6 marks)

(d) Distinguish between Public and Private Enterprises.(8 marks)

QUESTION TWO
(a) Explain what Public Debt Management is. (2 marks)

(b) Discuss at least FIVE categories of Public Debt. (10 marks)

(c) What is 'Public Enterprise Restructuring?' (2 marks)

(d) Give reasons for the implementation of Financial Sector Reform Programme in Kenya. (5 marks)

(e) Briefly discuss various sources of Government Revenue. (6 marks)

QUESTION THREE
(a) Discuss the various policies and plans the Kenya Government have put in place to achieve the Millenium Development Goals (MDGs). (16 marks)

(b) What are the functions of the Public Procurement Oversight Authority and the Public Procurement Oversight Advisory Board? (9 marks)

QUESTION FOUR
(a) Explain in details the main types of risks that Public Sector Financial Managers need to consider in projects identification and implementation. (16 marks)

(b) Briefly discuss the main types of Budgeting Systems in the Public Sector. (6 marks)

(c) Explain the role of the Executive in budgeting process in Kenya. (3 marks)

Dfi 402: Financial Management In The Public Sector Question Paper

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