How to login to NOUN Elearn Portal
You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
COURSE CODE: BFN 779 CREDIT UNIT: 2
COURSE TITLE: PUBLIC FINANCIAL MANAGEMENT
TIME ALLOWED: 2 HOURS
Instructions: 1. Attempt question number One (1) and any other Two (2) questions.
2. Question number 1 carries 30 marks, while the other questions carry 20 marks each.
3. Present your points in coherent and orderly manner.
QUESTION ONE (COMPULSORY)
a) Public financial management is the mobilization of revenues and allocation of resources for the various activities, expenditure, accounting and judicious management of public funds. Discuss its scope in government operations. (28 marks)
b) Briefly differentiate between Fiscal Policy and Monetary Policy. (2 marks)
QUESTION TWO
a) Describe fourteen principles of revenue sharing based on the recommendations of various Revenue Allocation Commissions/Committees in Nigeria overtime. (14 marks)
b) Distinguish between Recurrent Expenditure and Capital Expenditure in government operations. (6 marks)
QUESTION THREE
Discuss the significance of Financial Management in the Public Sector. (20 marks)
QUESTION FOUR
Budgeting is an important tool of accountability in the governmental system and other organizations. Discuss 5 of its purposes in the government operations. (20 marks)
QUESTION FIVE
The magnitude of the country’s external debts has created a serious burden on its annual budgets. Describe 5 strategies that can be employed by the government to reduce such burden of external debt. (20marks)
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You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
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