PUBLIC FINANCIAL MANAGEMENT: A PROCUREMENT AND SUPPLY CHAIN PERSPECTIVE PPPS01C Semester 1 and 2 Centre for Business Management This tutorial letter contains the answers to the assignments‚ guidelines for the examination as well as an example of a previous examination paper . Bar code CONTENTS Page 1 INTRODUCTION 2 ANSWERS FOR ASSIGNMENTS 01 and 02 3 GUIDELINES FOR THE EXAMINATION 4 CONCLUDING REMARKS 5 EXAMPLE OF AN EXAMINATION QUESTION PAPER 2 3 4 5 6 Dear Student 1 INTRODUCTION Before
Premium Supply chain management Management Separation of powers
should answer two major questions. First is that‚ whether one particular project is a good one? Second‚ if we get more than one available project opportunities‚ but we should choose only one of them‚ which one should be that “one”? In real life we very frequently come across with question like whether to pick up a lump some payment of retirement account accumulated during years or receiving monthly retirement pensions until the rest of our life. In this case‚ NPV is the most appropriate answer out of
Premium Net present value Investment Finance
What Causes A Rainbow? What causes a rainbow to form? It’s a relatively simple answer. A rainbow is an optical and meteorological phenomenon that is caused by both reflection and refraction of light in water droplets in the Earth’s atmosphere‚ resulting in a spectrum of colors in the sky. It takes the form of a multicolored arc. Rainbows caused by sunlight always appear in the section of sky directly opposite the sun. Rainbows can be observed whenever there are water drops in the air and sunlight
Premium Rainbow Light
PART 1: PURCHASING ACTIVITIES In buying a PC for a specific purpose might be a little bit tricky‚ and during this process lot of factors that need to be consider before going to decide which one to go for‚ such as the price‚ usability‚ a good hard drive‚ the choice of processor directly affects your computer running speed‚ the size of your RAM. For me I will go for a desktop PC that is suitable for my needs and wants. These are the activities that I need to do in using my PC such as doing research
Premium Personal computer Hard disk drive Operating system
Rainbow behind the clouds Yes‚ he thought‚ yes‚ it’s in the evening I will meet her. An inner cheers roared soul. Her‚ her. Final. Anyway‚ he was not rid of it dark‚ shadow‚ discomfort. Every time he talked to her‚ looked at her‚ thinking about her‚ he felt this discomfort. This gloomy‚ dark feeling that shook the he. What was it about her that made him feel like that? Her‚ with her long red hair that looked like a sunset when she walked on. The blue islands one could dream away and which could contain
Premium Rainbow
inflation levels of the two countries? How will this relationship affect Blades’ Thai revenue and costs given that the baht is freely floating? What is the net effect of this relationship on Blades? ANSWER: The relationship between exchange rates and relative inflation rates can be explained by the purchasing power parity (PPP) theory. When one country’s inflation rate is high as compared to another country‚ then the demand for country’s currency with high inflation rate declines. Due to high inflation
Premium Inflation Currency Exchange rate
1. Comprehensive exercise to calculate variances: Gilder Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. Required: a. Compute the materials quantity variance. 15‚600 F b. Compute the materials price variance. 44‚100 * 0.1 = 4‚410 F c. Compute
Premium Direct material price variance Variance Cost
THE UNIVERSITY OF HONG KONG FACULTY OF ENGINEERING IELM6046 Supply Management Team 5 – Anger Birds The Analysis on the Purchasing Model of Aluminum Corporation of China Limited LI Ming (Leader) CHEN Duo LIU Di MA Xuefei WANG Lu WANG Puyu ZHOU Xin 2012955312 2011950080 2012952073 2012952114 2012850782 2012850794 2012952097
Premium Procurement Strategic management
Disbursement Procedures Using Batch Processing Technology Many batch system functions are the same as those in a manual purchase system. The main difference is that the routine accounting tasks are automated. Data Processing Department: Step 1 – the purchasing process begins in the data processing department‚ where the inventory control function is performed. The revenue cycle (in retailing firms) or the conversion cycle (in manufacturing firms) actually initiates this activity. When inventories are
Premium Financial audit Audit Purchase order
How Ethical are Purchasing Management Professionals? ABSTRACT. The primary purpose of this study was to assess the ethics of purchasing management pro- fessionals. A multidimensional scale of ethics was used to measure their predispositions to act morally. The ethics measure from this scale was correlated to a series of ethical vignettes specific to the purchasing function to further assess the value of the scale. In addition‚ the consistency of values as rationale for decision making was also
Premium Ethics