Public Finance N5 — Document

June 2018 — N5 — Public Finance

N5 2018 Nated Business

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🎯 2 marks ⏱️ 3h 📄 5 pages 📝 34 items found 📚 3 topics

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Q1— Section header —

1.3The ... will audit the financial statements of all accounting officers at national, provincial and local levels.

1.4Total revenue of all government institutions from all sources. A system of free association where by government does not intervene in private economy/social activities of individual citizens or groups called

1.7... are made for the funding of specific capital project, such as housing , the construction of dams and roads, water supply, et etera

1.9... this audit records whether funds are being spent within a particular financial year an d according to the legislature' s wishes. .1 A selected body of people given the power and responsibility to make laws

1.12The fund in which all revenue raised by the central government is paid.

1.13... is a n annual plan of what government wants to achive and how it will spend its money to achieve its goals and it is the most important economic instrument of the government.

1.14... means that each political office bearer and public official must publicly give account for their actions and activities.

1.1530

Q2— Section header —

2.10\in the ANSWER BOOK. 2. Personnel service offers support in supplying personnel through job analysis, human resources planning, recruiting, training etc.

2.2Pure democracy means the power to gov ern lies indirectly in the hands of the people rather than being exercised through their representatives.

2.3Insatiable simple means unfulfilled, unquenchable or unappeasable.

2.4The director general accepts full responsibility for department financial transactions.

2.5Equal distribution means a fair, unreasonable and equitable allocation of taxing authority and of funds is essential for good intergovernmental financial relations.

2.6In terms of the constitution parliament could pas s a vote of no confidence in the cabinet, including the president.

2.7The social welfare state guarantees individual competition for entrepreneurs.

2.8Average criterion means the financial need is measured in terms of rendering an average standar d of service.

2.9The budget is used to gauge what the particular department intends spending on services and need to be debated in parliament so that all political representatives from all parties have a chance to see if it is implemented.

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Q5— Section header —

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Topics Identified

Business EnvironmentsBusiness FunctionsLeadership

Mark Allocation

Total200 marks

Sections30 + 20 + 50 + 50 + 50 = 200 marks

Paper information

TitleDocument

SubjectPublic Finance

LevelN5

Document typeQuestion paper

Year2018

MonthJune

Pages5

Downloads2

Examination context

Decade2010s

Years ago8y

SeasonWinter (SH)

Start dayFriday

Exam periodJune 2018

Days since exam3,055

About Public Finance examination preparation

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File details

File size188.9 KB

Pages5

Archived on8 September 2026

File age47d

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