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Question Are governments and not-for-profits organizations required to prepare budgets? Use example of a government department to support your views. Identify some essential components of
Question
- Are governments and not-for-profits organizations required to prepare budgets? Use example of a government department to support your views.
- Identify some essential components of the annual budget process for a state or local government. How long might the process take? Students can refer to the Government of Fiji or a local municipality like Suva City Council to discuss the process of budgeting.
- Discussion at a local meeting of government finance officers centered on using a balanced scorecard to present information to the public on the governments website. Describe the components of a balanced scorecard and provide an example of how each component is applicable in a government setting.
Question
- Assuming the role of a consultant to the government of Fiji, you were given the task to develop a performance measurement tool to measure the performance of The Ministry of Health in its battle to contain the COVID-19 pandemic. Based on your undergraduate studies at USP, you have learnt about the Balanced Scorecard and its potential to measure performance from more than one perspective. Hence you decided to propose this performance measurement tool.
Required:
- Briefly describe the relevance of using BSC at the Ministry of Health.
- Design a specific BSC for the Ministry of Health that it can use to measure its performance. The BSC must specify at least one objective, one Lag indicator and one lead indicator for each of the four perspectives.
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