Question 2 Stated below are the balances extracted from the Consolidated Fund of the Republic of Ghana for the year ended December 31, 2016. GHC"000 397,880 118.222 Mechanized payroll-salaries Transfer to Households Stationery Utilities 60,365 40.244 190.575 Salaries-sub-vented organizations Rent offices 20,122 80,487 73.500 8.131 15.422 329,632 Security and office cleaning Vehicles purchased Salaries - foreign Missions International travels & training Road construction Workshops and seminars Cash and bank balances Net accumulated results (DR) Equipment purchased Domestic debt interest 30,800 7.333,384 16,054.361 73.252 47,893 46,307 109,877 Consultancies Hospitals construction costs Advances granted Deposits & Trust Funds Domestic debt 16,127 5.280,000 6.500,189 2.330,368 15.097,300 Loans granted Foreign debt Financial investments Schools construction costs Tax refunds 362,504 146,254 8,895 Other expenditure Contingency expenditure Foreign debt interest 394,674 3.738 191.572 Direct tax 511,187 Indirect tax 450,868 Tax on international trade 273,013 Non-tax revenue 123.159 Grants 248,870 Required: Prepare statement of Revenue and Expenditure Statement of Financial Position for The Republic of Ghana from the Consolidated Fund for the year ending December 31, 2016 iii. Human Resource Management Information System (HRMIS) (a) HRMIS is under the GIFMIS is being used by the government for human resource (a) Management. The aim is to automate public sector HR Management processes to improve efficiency and provide timely and accurate information for human resource management decisions in the public sector. The key components include: Employee Profile Management-forma in tenance of the main bio-data of employees from appointment to attrition in the areas of Employee Appointment, Employee record maintenance and Employee promotion. (c) Establishment Management for the management of Organisations, Locations, organizational hierarchies, Grades, Jobs, Positions and position hierarchies. This facilitates position control where no public institution MDA/MMDA) on the HRMIS will exceed the established approved staffing levels without approval from their appointing authorities. () Employee Cost Management-for managing compensation of employees at all (c) MDAs/MMDAs to ensure budgetary control over pay roll cost