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1 ) What is IPSAS?. ( 3 marks ) 2 ) Give any five ( 5 ) purposes of IPSAS. ( 1 0 Marks )

1)

What is IPSAS?.

(3

marks

)

2)

Give any five

(5)

purposes of IPSAS.

(10

Marks

)

3)

What is the criterion for applying IPSAS?

(5

marks

)

4)

Name challenges faced by organisations using IPSAS.

(7

Marks

)

5)

The Payroll Management and Establishment Control

(

PMEC

)

system is an integrated payroll system that enables Government to efficiently and effectively manage the government payroll. Briefly describe the main features of an integrated payroll system.

(5

marks

)

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