Public Sector Management – NBC Institute

PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

Question

As part of the measures for regulating the Financial Management systems of Public Sector Entities, Government through Public Financial Management Act, 2016, (Act 921) established the Treasury Single Account (TSA).

Required: i) Explain what is meant by Treasury Single Account. (2 marks) ii) Explain any THREE (3) purposes for the establishment of Treasury Single Account. (3 marks)

Answer

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Tags: Government Finance, Payment Control, PFM Act 2016, Public Sector Management, Treasury Single Account
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: NOV 2019

PSAF – Nov 2019 – L2 – Q3a -Public procurement

Identify and explain four mechanisms to achieve value for money in public sector management.

Question

a) Value for Money (VFM) is derived from the optimal balance of benefits and costs on the basis of total cost of ownership. The nature of public financial management is such that it involves discretionary decision taking on behalf of government at all levels. Value for Money is therefore not a choice of goods or services which is based on the lowest bid price but a choice based on the whole life costs of the project or service.

Required:
Identify and explain FOUR (4) mechanisms that can be used to achieve “value for money” in public sector management. (8 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Procurement, Public Sector Management, Value for Money
Level: Level 2

Topic: Public Procurement
Series: NOV 2019

PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

Question

Required: i) Explain what is meant by Treasury Single Account. (2 marks) ii) Explain any THREE (3) purposes for the establishment of Treasury Single Account. (3 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Government Finance, Payment Control, PFM Act 2016, Public Sector Management, Treasury Single Account
Level: Level 2

Topic: Public sector fiscal planning and budgeting
Series: NOV 2019

PSAF – Nov 2019 – L2 – Q3a -Public procurement

Identify and explain four mechanisms to achieve value for money in public sector management.

Question

Required:
Identify and explain FOUR (4) mechanisms that can be used to achieve “value for money” in public sector management. (8 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Procurement, Public Sector Management, Value for Money
Level: Level 2

Topic: Public Procurement
Series: NOV 2019

Question Tag: Public Sector Management

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PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

PSAF – Nov 2019 – L2 – Q3a -Public procurement

Identify and explain four mechanisms to achieve value for money in public sector management.

PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

PSAF – Nov 2019 – L2 – Q3a -Public procurement

Identify and explain four mechanisms to achieve value for money in public sector management.

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Question Tag: Public Sector Management

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PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

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PSAF – Nov 2019 – L2 – Q3a -Public procurement

Identify and explain four mechanisms to achieve value for money in public sector management.

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PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting

Explanation of Treasury Single Account and its purposes.

You're reporting an error for "PSAF – Nov 2019 – L2 – Q5b – Public sector fiscal planning and budgeting"

PSAF – Nov 2019 – L2 – Q3a -Public procurement

Identify and explain four mechanisms to achieve value for money in public sector management.

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