JANUARY 2019 CONFIDENTIAL (Total: 100 marks) INSTRUCTION: Answer ALL - questions. Please use the answer provided. LIBRARokies Question 1 Budgeting approach is the technique by which allocation estimates are determined. Four budgeting approaches have been practiced in the Malaysian public sector. The latest approach is Outcome Based Budgeting (OBB) that replaced Modified Budgeting since LIBRARY LIBRARY'S Required: (a) Explain the elements of the Modified Budgeting approach: i. Expenditure target ii. Programme Agreement and Exection Report A cycle of programme evaluation iii. iv. A more generalized approach to expenditure control (10 marks) (b) Discuss FOUR (4) in implementing Outcome Based Budgeting (OBB). LIBRARY'S & (10 marks) [20 marks) LIBRARY'S COPY LIBRARY'S COPY EAB41303_Public Sector Accounting Page 2 of 7 JANUARY 2019 CONFIDENTIAL (Total: 100 marks) INSTRUCTION: Answer ALL - questions. Please use the answer provided. LIBRARokies Question 1 Budgeting approach is the technique by which allocation estimates are determined. Four budgeting approaches have been practiced in the Malaysian public sector. The latest approach is Outcome Based Budgeting (OBB) that replaced Modified Budgeting since LIBRARY LIBRARY'S Required: (a) Explain the elements of the Modified Budgeting approach: i. Expenditure target ii. Programme Agreement and Exection Report A cycle of programme evaluation iii. iv. A more generalized approach to expenditure control (10 marks) (b) Discuss FOUR (4) in implementing Outcome Based Budgeting (OBB). LIBRARY'S & (10 marks) [20 marks) LIBRARY'S COPY LIBRARY'S COPY EAB41303_Public Sector Accounting Page 2 of 7