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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:2012

INSTRUCTIONS
Answer ALL Questions

Question One
(a) What are the functions of the Public Procurement Oversight Authority. (10 marks)

(b) Explain the following terms: (6 marks)
i) Open Tendering.
ii) Reatricted Tendering.
iii) Direct Procurement.

(c) Under what circumstances may Direct Procurement be used. (5 marks)

(d) State FOUR qualifications to be awarded a contract by a public entity. (4 marks)

Question Two
(a) State and explain FIVE basic principles underlying the Public Sector Budgeting. (15 marks)

(b) Explain the purpose of government budget and explain why budgeting in the public sector is crucial. (10 marks)

Question Three
(a) In managing Public Debt, one of the recommended strategies is tackling the domestic debt overhang. Explain the main approaches that can be used to tackle the problems of Debt Overhang in Kenya. (10 marks)

(b) Discuss FIVE types of risks that a Public Sector Financial Manager must consider in evaluating investment projects. (15 marks)

Question Four
Describe the roles of the following as pertains to the budgetary process and execution in Kenya.

i) Parliamentary Committees (6 marks)
ii) Executive's Role (7 marks)
iii) Non-state Actors (6 marks)
iv) Auditor General's Office (6 marks)

Dfi 402: Financial Management In The Public Sector Question Paper

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