Question Tag: Debt Management

Search 500 + past questions and counting.

  • Filter by Professional Bodies

  • Filter by Subject

  • Filter by Series

  • Filter by Topics

  • Filter by Levels

  • 15 Marks

PSAF – Nov 2018 – L2 – Q5 – Fiscal Policy and Public Finance

Discuss the causes of Nigeria’s public debt increase, along with the benefits and adverse effects of public debt.

For some years, the level of Nigeria’s public debt has maintained an upward trend.

Required:
(a) Discuss four major causes for the increase in public debt.
(7 Marks)
(b) Explain three major benefits and two adverse effects of public debt to the country.
(8 Marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – Nov 2018 – L2 – Q5 – Fiscal Policy and Public Finance"

  • 15 Marks

PSAF – Nov 2018 – L2 – Q5 – Fiscal Policy and Public Finance

Discuss the causes of Nigeria’s public debt increase, along with the benefits and adverse effects of public debt.

For some years, the level of Nigeria’s public debt has maintained an upward trend.

Required:
(a) Discuss four major causes for the increase in public debt.
(7 Marks)
(b) Explain three major benefits and two adverse effects of public debt to the country.
(8 Marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – Nov 2018 – L2 – Q5 – Fiscal Policy and Public Finance"

  • 9 Marks

AT – Nov 2015 – L3 – Q3a – International taxation

Explanation of public sector debt and objectives of public debt management.

It is the opinion of some people that borrowing by government may be a better option in some cases than the imposition of taxes as taxes have the potential of creating resentment and upheavals during a period of economic difficulties.

i. Explain fully what Public Sector Debt is.
(5 marks)

ii. What are the objectives of Public Debt Management?

(4 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "AT – Nov 2015 – L3 – Q3a – International taxation"

  • 9 Marks

AT – Nov 2015 – L3 – Q3a – International taxation

Explanation of public sector debt and objectives of public debt management.

It is the opinion of some people that borrowing by government may be a better option in some cases than the imposition of taxes as taxes have the potential of creating resentment and upheavals during a period of economic difficulties.

i. Explain fully what Public Sector Debt is.
(5 marks)

ii. What are the objectives of Public Debt Management?

(4 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "AT – Nov 2015 – L3 – Q3a – International taxation"

  • 10 Marks

PSAF – July 2023 – L2 – Q3b – Financial statements discussion and analysis

Compute financial ratios and analyze the financial performance and position of Ghana's Consolidated Fund for 2022 and 2021.

The Financial Statements of the Consolidated Fund of Ghana for the year ended 31 December 2022 and 2021 are presented below:

Consolidated Fund of Ghana – Statement of Financial Performance for the year ended 31 December

Additional Information:

  1. The Statistical and economic data for the two years are as follows:
    • 2022: Population: 30.8 million, Gross Domestic Product (GH¢): 768,000,000,000
    • 2021: Population: 29.5 million, Gross Domestic Product (GH¢): 552,500,000,000
  2. Capital Assets acquired in 2022 and 2021 amounted to GH¢255,200,000,000 and GH¢141,600,000,000 respectively.

Required:

i) Compute the following accounting ratios for the two respective years (2022 and 2021):

  • Debt to Gross Domestic Product
  • Capital Spending as a percentage of Gross Domestic Product
  • Wage Bill as a percentage of Total Tax Revenue
  • Debt per Capita
    (4 marks)

ii) Based on the result in question i) above, write a report discussing and analyzing the Financial Performance and Financial Position of the nation.
(6 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – July 2023 – L2 – Q3b – Financial statements discussion and analysis"

  • 10 Marks

PSAF – July 2023 – L2 – Q3b – Financial statements discussion and analysis

Compute financial ratios and analyze the financial performance and position of Ghana's Consolidated Fund for 2022 and 2021.

The Financial Statements of the Consolidated Fund of Ghana for the year ended 31 December 2022 and 2021 are presented below:

Consolidated Fund of Ghana – Statement of Financial Performance for the year ended 31 December

Additional Information:

  1. The Statistical and economic data for the two years are as follows:
    • 2022: Population: 30.8 million, Gross Domestic Product (GH¢): 768,000,000,000
    • 2021: Population: 29.5 million, Gross Domestic Product (GH¢): 552,500,000,000
  2. Capital Assets acquired in 2022 and 2021 amounted to GH¢255,200,000,000 and GH¢141,600,000,000 respectively.

Required:

i) Compute the following accounting ratios for the two respective years (2022 and 2021):

  • Debt to Gross Domestic Product
  • Capital Spending as a percentage of Gross Domestic Product
  • Wage Bill as a percentage of Total Tax Revenue
  • Debt per Capita
    (4 marks)

ii) Based on the result in question i) above, write a report discussing and analyzing the Financial Performance and Financial Position of the nation.
(6 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – July 2023 – L2 – Q3b – Financial statements discussion and analysis"

  • 12 Marks

PSAF – Nov 2019 – L2 – Q3b – Public sector fiscal planning and budgeting

Compute and analyze financial ratios for the Consolidated Fund of Ghana for 2017 and 2018.

b) The financial information below relates to the Consolidated Fund of Ghana.

Statement of Financial Position of the Consolidated Fund as at December 31, 2018

Item 2018 (GH¢’million) 2017 (GH¢’million)
Non-Current Assets
Property Plant and Equipment 4,200 5,600
Equity investment 10,000 12,000
Total Non-current assets 14,200 17,600
Current Assets
Work in progress 2,500 2,000
Receivables 1,100 900
Cash and cash equivalent 3,250 2,980
Other assets 450 600
Total current assets 7,300 6,480
Total assets 21,500 24,080
Funds and Liabilities
Accumulated Fund (111,280) (111,620)
Current Liabilities
Payables 1,600 19,000
Trust monies 2,540 2,300
Domestic loans 11,240 12,500
Total Current Liabilities 15,380 33,800
Non-Current Liabilities
Domestic loans 52,000 43,000
External loans 65,400 58,900
Total Non-Current Liabilities 117,400 101,900
Total Funds and Liabilities 21,500 24,080

Additional Information:
i) The total market value of all final goods and services produced domestically in Ghana for 2018 and 2017 fiscal years amounted to GH¢205,100,940,000 and GH¢185,600,400,000 respectively.
ii) According to the Statistical Service data, the population of the country is estimated as 25,000,000 in 2018 and 23,900,000 in 2017.

Required:
i) From the information above, compute for the two financial years, the following ratios:

  • Gross Debt
  • Net Debt percentage
  • Debt per Capita
  • Debt to Gross Domestic Product ratio
  • Total Asset to Debt
  • Capital Asset per Capita (6 marks)

ii) Based on the ratios computed, write a report discussing and analyzing the financial position of the Consolidated Fund to the Head of a “think tank” of a Civil Society Organisation for Financial Accountability. (6 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – Nov 2019 – L2 – Q3b – Public sector fiscal planning and budgeting"

  • 12 Marks

PSAF – Nov 2019 – L2 – Q3b – Public sector fiscal planning and budgeting

Compute and analyze financial ratios for the Consolidated Fund of Ghana for 2017 and 2018.

b) The financial information below relates to the Consolidated Fund of Ghana.

Statement of Financial Position of the Consolidated Fund as at December 31, 2018

Item 2018 (GH¢’million) 2017 (GH¢’million)
Non-Current Assets
Property Plant and Equipment 4,200 5,600
Equity investment 10,000 12,000
Total Non-current assets 14,200 17,600
Current Assets
Work in progress 2,500 2,000
Receivables 1,100 900
Cash and cash equivalent 3,250 2,980
Other assets 450 600
Total current assets 7,300 6,480
Total assets 21,500 24,080
Funds and Liabilities
Accumulated Fund (111,280) (111,620)
Current Liabilities
Payables 1,600 19,000
Trust monies 2,540 2,300
Domestic loans 11,240 12,500
Total Current Liabilities 15,380 33,800
Non-Current Liabilities
Domestic loans 52,000 43,000
External loans 65,400 58,900
Total Non-Current Liabilities 117,400 101,900
Total Funds and Liabilities 21,500 24,080

Additional Information:
i) The total market value of all final goods and services produced domestically in Ghana for 2018 and 2017 fiscal years amounted to GH¢205,100,940,000 and GH¢185,600,400,000 respectively.
ii) According to the Statistical Service data, the population of the country is estimated as 25,000,000 in 2018 and 23,900,000 in 2017.

Required:
i) From the information above, compute for the two financial years, the following ratios:

  • Gross Debt
  • Net Debt percentage
  • Debt per Capita
  • Debt to Gross Domestic Product ratio
  • Total Asset to Debt
  • Capital Asset per Capita (6 marks)

ii) Based on the ratios computed, write a report discussing and analyzing the financial position of the Consolidated Fund to the Head of a “think tank” of a Civil Society Organisation for Financial Accountability. (6 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – Nov 2019 – L2 – Q3b – Public sector fiscal planning and budgeting"

  • 10 Marks

PSAF – May 2018 – L2 – Q2a – The context of public financial management

Define a Covered Entity, Public Funds, and identify sources for the Sinking Fund under the PFM Act 2016.

The Public Financial Management (PFM) Act 2016, Act 921 applies to a covered entity and a public officer responsible for receiving, using, or managing public funds. The PFM Act, Act 921 provides for the creation of a sinking fund by the Minister to be used to redeem specific debt obligations of the Government.

Required:
i) What is “a Covered Entity” as defined by the PFM Act 2016, Act 921? (3 marks)

ii) What is “Public Funds” as defined by the PFM Act 2016, Act 921? (2 marks)

iii) Identify FIVE sources of money for the sinking fund. (5 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – May 2018 – L2 – Q2a – The context of public financial management"

  • 10 Marks

PSAF – May 2018 – L2 – Q2a – The context of public financial management

Define a Covered Entity, Public Funds, and identify sources for the Sinking Fund under the PFM Act 2016.

The Public Financial Management (PFM) Act 2016, Act 921 applies to a covered entity and a public officer responsible for receiving, using, or managing public funds. The PFM Act, Act 921 provides for the creation of a sinking fund by the Minister to be used to redeem specific debt obligations of the Government.

Required:
i) What is “a Covered Entity” as defined by the PFM Act 2016, Act 921? (3 marks)

ii) What is “Public Funds” as defined by the PFM Act 2016, Act 921? (2 marks)

iii) Identify FIVE sources of money for the sinking fund. (5 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – May 2018 – L2 – Q2a – The context of public financial management"

  • 15 Marks

PSAF – Nov 2018 – L2 – Q5 – Fiscal Policy and Public Finance

Discuss the causes of Nigeria’s public debt increase, along with the benefits and adverse effects of public debt.

For some years, the level of Nigeria’s public debt has maintained an upward trend.

Required:
(a) Discuss four major causes for the increase in public debt.
(7 Marks)
(b) Explain three major benefits and two adverse effects of public debt to the country.
(8 Marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – Nov 2018 – L2 – Q5 – Fiscal Policy and Public Finance"

  • 15 Marks

PSAF – Nov 2018 – L2 – Q5 – Fiscal Policy and Public Finance

Discuss the causes of Nigeria’s public debt increase, along with the benefits and adverse effects of public debt.

For some years, the level of Nigeria’s public debt has maintained an upward trend.

Required:
(a) Discuss four major causes for the increase in public debt.
(7 Marks)
(b) Explain three major benefits and two adverse effects of public debt to the country.
(8 Marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – Nov 2018 – L2 – Q5 – Fiscal Policy and Public Finance"

  • 9 Marks

AT – Nov 2015 – L3 – Q3a – International taxation

Explanation of public sector debt and objectives of public debt management.

It is the opinion of some people that borrowing by government may be a better option in some cases than the imposition of taxes as taxes have the potential of creating resentment and upheavals during a period of economic difficulties.

i. Explain fully what Public Sector Debt is.
(5 marks)

ii. What are the objectives of Public Debt Management?

(4 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "AT – Nov 2015 – L3 – Q3a – International taxation"

  • 9 Marks

AT – Nov 2015 – L3 – Q3a – International taxation

Explanation of public sector debt and objectives of public debt management.

It is the opinion of some people that borrowing by government may be a better option in some cases than the imposition of taxes as taxes have the potential of creating resentment and upheavals during a period of economic difficulties.

i. Explain fully what Public Sector Debt is.
(5 marks)

ii. What are the objectives of Public Debt Management?

(4 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "AT – Nov 2015 – L3 – Q3a – International taxation"

  • 10 Marks

PSAF – July 2023 – L2 – Q3b – Financial statements discussion and analysis

Compute financial ratios and analyze the financial performance and position of Ghana's Consolidated Fund for 2022 and 2021.

The Financial Statements of the Consolidated Fund of Ghana for the year ended 31 December 2022 and 2021 are presented below:

Consolidated Fund of Ghana – Statement of Financial Performance for the year ended 31 December

Additional Information:

  1. The Statistical and economic data for the two years are as follows:
    • 2022: Population: 30.8 million, Gross Domestic Product (GH¢): 768,000,000,000
    • 2021: Population: 29.5 million, Gross Domestic Product (GH¢): 552,500,000,000
  2. Capital Assets acquired in 2022 and 2021 amounted to GH¢255,200,000,000 and GH¢141,600,000,000 respectively.

Required:

i) Compute the following accounting ratios for the two respective years (2022 and 2021):

  • Debt to Gross Domestic Product
  • Capital Spending as a percentage of Gross Domestic Product
  • Wage Bill as a percentage of Total Tax Revenue
  • Debt per Capita
    (4 marks)

ii) Based on the result in question i) above, write a report discussing and analyzing the Financial Performance and Financial Position of the nation.
(6 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – July 2023 – L2 – Q3b – Financial statements discussion and analysis"

  • 10 Marks

PSAF – July 2023 – L2 – Q3b – Financial statements discussion and analysis

Compute financial ratios and analyze the financial performance and position of Ghana's Consolidated Fund for 2022 and 2021.

The Financial Statements of the Consolidated Fund of Ghana for the year ended 31 December 2022 and 2021 are presented below:

Consolidated Fund of Ghana – Statement of Financial Performance for the year ended 31 December

Additional Information:

  1. The Statistical and economic data for the two years are as follows:
    • 2022: Population: 30.8 million, Gross Domestic Product (GH¢): 768,000,000,000
    • 2021: Population: 29.5 million, Gross Domestic Product (GH¢): 552,500,000,000
  2. Capital Assets acquired in 2022 and 2021 amounted to GH¢255,200,000,000 and GH¢141,600,000,000 respectively.

Required:

i) Compute the following accounting ratios for the two respective years (2022 and 2021):

  • Debt to Gross Domestic Product
  • Capital Spending as a percentage of Gross Domestic Product
  • Wage Bill as a percentage of Total Tax Revenue
  • Debt per Capita
    (4 marks)

ii) Based on the result in question i) above, write a report discussing and analyzing the Financial Performance and Financial Position of the nation.
(6 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – July 2023 – L2 – Q3b – Financial statements discussion and analysis"

  • 12 Marks

PSAF – Nov 2019 – L2 – Q3b – Public sector fiscal planning and budgeting

Compute and analyze financial ratios for the Consolidated Fund of Ghana for 2017 and 2018.

b) The financial information below relates to the Consolidated Fund of Ghana.

Statement of Financial Position of the Consolidated Fund as at December 31, 2018

Item 2018 (GH¢’million) 2017 (GH¢’million)
Non-Current Assets
Property Plant and Equipment 4,200 5,600
Equity investment 10,000 12,000
Total Non-current assets 14,200 17,600
Current Assets
Work in progress 2,500 2,000
Receivables 1,100 900
Cash and cash equivalent 3,250 2,980
Other assets 450 600
Total current assets 7,300 6,480
Total assets 21,500 24,080
Funds and Liabilities
Accumulated Fund (111,280) (111,620)
Current Liabilities
Payables 1,600 19,000
Trust monies 2,540 2,300
Domestic loans 11,240 12,500
Total Current Liabilities 15,380 33,800
Non-Current Liabilities
Domestic loans 52,000 43,000
External loans 65,400 58,900
Total Non-Current Liabilities 117,400 101,900
Total Funds and Liabilities 21,500 24,080

Additional Information:
i) The total market value of all final goods and services produced domestically in Ghana for 2018 and 2017 fiscal years amounted to GH¢205,100,940,000 and GH¢185,600,400,000 respectively.
ii) According to the Statistical Service data, the population of the country is estimated as 25,000,000 in 2018 and 23,900,000 in 2017.

Required:
i) From the information above, compute for the two financial years, the following ratios:

  • Gross Debt
  • Net Debt percentage
  • Debt per Capita
  • Debt to Gross Domestic Product ratio
  • Total Asset to Debt
  • Capital Asset per Capita (6 marks)

ii) Based on the ratios computed, write a report discussing and analyzing the financial position of the Consolidated Fund to the Head of a “think tank” of a Civil Society Organisation for Financial Accountability. (6 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – Nov 2019 – L2 – Q3b – Public sector fiscal planning and budgeting"

  • 12 Marks

PSAF – Nov 2019 – L2 – Q3b – Public sector fiscal planning and budgeting

Compute and analyze financial ratios for the Consolidated Fund of Ghana for 2017 and 2018.

b) The financial information below relates to the Consolidated Fund of Ghana.

Statement of Financial Position of the Consolidated Fund as at December 31, 2018

Item 2018 (GH¢’million) 2017 (GH¢’million)
Non-Current Assets
Property Plant and Equipment 4,200 5,600
Equity investment 10,000 12,000
Total Non-current assets 14,200 17,600
Current Assets
Work in progress 2,500 2,000
Receivables 1,100 900
Cash and cash equivalent 3,250 2,980
Other assets 450 600
Total current assets 7,300 6,480
Total assets 21,500 24,080
Funds and Liabilities
Accumulated Fund (111,280) (111,620)
Current Liabilities
Payables 1,600 19,000
Trust monies 2,540 2,300
Domestic loans 11,240 12,500
Total Current Liabilities 15,380 33,800
Non-Current Liabilities
Domestic loans 52,000 43,000
External loans 65,400 58,900
Total Non-Current Liabilities 117,400 101,900
Total Funds and Liabilities 21,500 24,080

Additional Information:
i) The total market value of all final goods and services produced domestically in Ghana for 2018 and 2017 fiscal years amounted to GH¢205,100,940,000 and GH¢185,600,400,000 respectively.
ii) According to the Statistical Service data, the population of the country is estimated as 25,000,000 in 2018 and 23,900,000 in 2017.

Required:
i) From the information above, compute for the two financial years, the following ratios:

  • Gross Debt
  • Net Debt percentage
  • Debt per Capita
  • Debt to Gross Domestic Product ratio
  • Total Asset to Debt
  • Capital Asset per Capita (6 marks)

ii) Based on the ratios computed, write a report discussing and analyzing the financial position of the Consolidated Fund to the Head of a “think tank” of a Civil Society Organisation for Financial Accountability. (6 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – Nov 2019 – L2 – Q3b – Public sector fiscal planning and budgeting"

  • 10 Marks

PSAF – May 2018 – L2 – Q2a – The context of public financial management

Define a Covered Entity, Public Funds, and identify sources for the Sinking Fund under the PFM Act 2016.

The Public Financial Management (PFM) Act 2016, Act 921 applies to a covered entity and a public officer responsible for receiving, using, or managing public funds. The PFM Act, Act 921 provides for the creation of a sinking fund by the Minister to be used to redeem specific debt obligations of the Government.

Required:
i) What is “a Covered Entity” as defined by the PFM Act 2016, Act 921? (3 marks)

ii) What is “Public Funds” as defined by the PFM Act 2016, Act 921? (2 marks)

iii) Identify FIVE sources of money for the sinking fund. (5 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – May 2018 – L2 – Q2a – The context of public financial management"

  • 10 Marks

PSAF – May 2018 – L2 – Q2a – The context of public financial management

Define a Covered Entity, Public Funds, and identify sources for the Sinking Fund under the PFM Act 2016.

The Public Financial Management (PFM) Act 2016, Act 921 applies to a covered entity and a public officer responsible for receiving, using, or managing public funds. The PFM Act, Act 921 provides for the creation of a sinking fund by the Minister to be used to redeem specific debt obligations of the Government.

Required:
i) What is “a Covered Entity” as defined by the PFM Act 2016, Act 921? (3 marks)

ii) What is “Public Funds” as defined by the PFM Act 2016, Act 921? (2 marks)

iii) Identify FIVE sources of money for the sinking fund. (5 marks)

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
Report an error

You're reporting an error for "PSAF – May 2018 – L2 – Q2a – The context of public financial management"

Take control of your business data with insight and in-depth understanding by taking this course. 

Services

Contact Info

  • +233203701923
    +233543919232
  • info@noohrabusiness.com

Customer

Get In Touch

Follow us on our social media and get daily updates.

Facebook-f Twitter Linkedin-in Envelope
Oops!

This feature is only available in selected plans.

Click here to view all plans

Click on the login button below to login if you’re already subscribed to a plan or click on the upgrade button below to upgrade your current plan.

Login
Upgrade Plan

If you’re not subscribed to a plan, click on the button below to choose a plan

Subscribe to a plan