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Generate and list commonly examinable questions on the course public finance for undergraduates base on the Expected outcom, At the end of the course students should have detailed knowledge of the fundamental functions of public finance and its compositio


Here are some commonly examinable questions on the course of Public Finance for undergraduates based on the expected outcomes you provided: ### Knowledge of Fundamental Functions of Public Finance 1. **Define public finance and explain its three main functions.** 2. **Discuss the role of public finance in achieving economic stability.** 3. **What are the primary sources of government revenue? Provide examples.** 4. **Explain the concept of public expenditure and its economic implications.** 5. **How does fiscal policy influence economic growth?** ### Understanding Public Budgeting and Its Cycle in Ghana 6. **Outline the public budgeting cycle in Ghana. What are its key stages?** 7. **Compare and contrast the incremental budgeting approach with zero-based budgeting.** 8. **What are the challenges faced in the budgeting process in Ghana?** 9. **Analyze the role of the Ministry of Finance in Ghana’s budgeting process.** 10. **Discuss how public participation can enhance the effectiveness of public budgeting in Ghana.** ### Fundamental Terms and Concepts in Public Budgeting 11. **Define 'budget deficit' and 'budget surplus' and explain their significance in public finance.** 12. **What is a fiscal year, and why is it important in public budgeting?** 13. **Explain the difference between capital expenditures and recurrent expenditures.** 14. **Describe the terms 'appropriation' and 'allocation' in the context of public budgeting.** 15. **What is a performance-based budget, and how does it differ from traditional budgeting methods?** ### Proficiency in Writing Budget Reports 16. **What are the key components of a comprehensive budget report?** 17. **How would you structure a budget report for a government program?** 18. **What strategies can you use to present budgetary information clearly and effectively?** 19. **Write a brief mock budget report for a fictitious government project. Include key financial metrics.** 20. **What are common pitfalls to avoid when writing a budget report?** ### Analysis of Public Budget 21. **Describe the steps involved in analyzing a public budget.** 22. **What financial ratios or metrics would you use for assessing a government’s financial health?** 23. **Evaluate the major trends in public spending for social programs in Ghana.** 24. **How can data analytics improve public budget reporting and analysis?** 25. **Provide an example of a recent budget in Ghana, and analyze one of its components (e.g., health, education, infrastructure).** ### Tools and Techniques in Budgeting 26. **What budgeting software or tools are commonly used in public sector budgeting?** 27. **How can scenario planning enhance budget preparation in government?** 28. **Define and explain the role of cost-benefit analysis in public budgeting.** 29. **Discuss how performance metrics can guide budgeting decisions.** 30. **What is the significance of Multi-Year Financial Planning (MYFP) in public finance?** These questions span various aspects of public finance, public budgeting, and practical skills in report writing and analysis, aligning with the expected outcomes of the undergraduate public finance course.