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QUESTION 1 (25 MARKS: 45 MINUTES) A. The Government of Malaysia has clearly stated that the way forward is to enhance transparency and accountability of

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QUESTION 1 (25 MARKS: 45 MINUTES) A. The Government of Malaysia has clearly stated that the way forward is to enhance transparency and accountability of the public sector. In realizing these objectives, there is a need for all sectors of the economy to collaborate and contribute towards nation building. (Deputy Minister afHaman Resource ofMat'aysia, 20M) REQUIRED: Based on the statement above, discuss how the accountability process can be used as a tool by the government in realizing their objectives. (Support your answer with the related rates and regulations) (15 Marks) QUESTION 2 (25 MARKS: 45 MINUTES) A. (a) Identify two (2) important laws that are related to accounts, finance and audit enacted by the Parliament. (b) Explain the general and specific purpose of these two acts. (9 Marks)

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