Question 1:

i) Activity Based Costing is better than the Traditional Product Costing. Discuss, by making use of empirical evidence

ii) The replacement of cash-based accounting to accrual based accounting will definitely improve public sector financial management. Discuss using Mauritian public sector as reference.

Question 2:

i) Describe the rationale behind the mushrooming of Public Private Partnerships.

ii) Public Sector Outsourcing to private sector is beneficial since it leads to costs reductions. Do you agree with this statement? Justify your answer using empirical evidence.