TUNKU ABDUL RAHMAN UNIVERSITY OF MANAGEMENT AND TECHNOLOGY

FACULTY OF ACCOUNTANCY, FINANCE AND BUSINESS

ACADEMIC YEAR 2023/2024

JANUARY EXAMINATION

BBFA4023 PUBLIC SECTOR ACCOUNTING

MONDAY, 8 JANUARY 2024 TIME: 9.00 AM - 12.00 NOON

(3 HOURS)

BACHELOR OF ACCOUNTING (HONOURS)

Instructions to Candidates:

You are required to answer ALL FOUR (4) questions.

Marks will be awarded for clarity in presentation and logical in arguments.

All workings that support the answers should be shown.

You are required to continue with a fresh page when answering new questions or parts of the
questions.

This question paper consists of 4 questions on 2 printed pages.

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BBFA4023 PUBLIC SECTOR ACCOUNTING

Answer ALL FOUR (4) questions.

Question 1

(a) Discuss ANY FOUR (4) unique features of a government school and a private school
respectively. (12 marks)

(b) Discuss the concept of ‘separation of power’ that is applied to the Malaysian Federal
Government. (13 marks)
[Total: 25 marks]

Question 2

(a) Compare and contrast between the current financial reporting format and requirements of a
Government Business Enterprise and those of the Malaysian Federal Government. (13 marks)

(b) Explain the objectives of fund accounting and the three categories of Consolidated Funds of the
Malaysian Federal Government Financial Statements. (12 marks)
[Total: 25 marks]

Question 3

(a) Discuss the budget components of the Malaysian Federal Government. (15 marks)

(b) Discuss the application of the federal budget as a fiscal policy instrument and a management
tool. (10 marks)
[Total: 25 marks]

Question 4

(a) Discuss ANY FOUR (4) weaknesses in the Malaysian Government financial management
system and the efforts that have been taken by the Government to address these
weaknesses. (16 marks)

(b) Explain ANY TWO (2) initiatives that have been implemented by the government to enhance
the public governance of the country. (9 marks)
[Total: 25 marks]

This question paper consists of 4 questions on 2 printed pages.