Question
Question 13 (10 Marks) South Africa uses a basis for budgeting that satisfies international guidelines. South Africas basis for budgeting in the national and provincial
Question 13 (10 Marks)
South Africa uses a basis for budgeting that satisfies international guidelines. South Africas basis for budgeting in the national and provincial spheres means that every amount budgeted can be linked to several budget codes, which allow summaries, management information and analysis.
List which primary type of budget code the examples below will be linked to and briefly substantiate your answer. (Note: Although the same amounts can be linked to various budget codes, you must identify only the most important one applicable to every example.)
3.1. An amount budgeted to be spent in the Upington region of the Northern Cape province
3.2. The Salaries, Wages and Allowances budget of a government entity
3.3. The budget for Landward Defence, a main division of the overall South African Defence budget
3.4. R5 billion budgeted for a dam-building project
3.5. The budget for a certain section of a government department that is identified in the departments organisational structure and where the official in charge is accountable for the management of such a budget.
In your answer, write down only the number of each example above and provide your answer. For example, for
3.6. The part of a departments budget to be financed from the National Revenue Fund your answer would be
3.6. (Per) Fund. This indicates the source of finance for the budget, for example, allocations to the vote from the National Revenue Fund, as in this example.
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