PUB3705 — Public Financial Administration and Management
300 Question MCQ Test Bank | Assignment 2 Focus: Externalities & Public Financial
Management
Exam Overview
| Item | Details |
|||
| Module | PUB3705 — Public Financial Administration and Management |
| Institution | University of South Africa (UNISA) |
| Prescribed Textbook | Managing Public Money by Pauw, Van der Linde, Fourie & Visser (3rd
ed., Pearson, 2015) |
| Level | Undergraduate / Distance Education |
| Number of Questions | 300 |
| Question Type | Multiple Choice (4 options: A–D) |
| Correct Answers | 1 per question |
| Marking Scheme | 1 mark per question / 300 total marks |
| Difficulty Mix | 40% Easy, 40% Medium, 20% Hard |
| Time Allowed | 300 minutes (recommended) |
| Primary Focus | Externalities, Market Failure, Public Financial Management |
| Language | English |
| Instructions | Choose the best answer for each question. Answer and explanation are
provided immediately after each question. |
,Table of Contents
| Unit | Topic | Questions |
||||
| Unit One: Foundations of Public Financial Administration | Nature and Scope of Public
Financial Management | Q1–Q30 |
| | The Relationship Between Public Finance and Management Goals | Q31–Q55 |
| Unit Two: The Concept of Externalities | Definition and Nature of Externalities | Q56–Q90 |
| | Types of Externalities: Positive and Negative | Q91–Q125 |
| | Externalities and Market Failure | Q126–Q155 |
| Unit Three: Externalities and the Public Manager | Importance of Externalities for Public
Managers | Q156–Q190 |
| | DecisionMaking and Resource Allocation | Q191–Q220 |
| Unit Four: Government Intervention and Corrective Measures | Pigouvian Taxes and
Subsidies | Q221–Q245 |
| | Regulation and Public Provision | Q246–Q265 |
| Unit Five: Practical Applications and Case Studies | Externalities in South African Public
Sector Context | Q266–Q290 |
| | ExamStyle Synthesis Questions | Q291–Q300 |
Questions, Answers & Explanations
,UNIT ONE: Foundations of Public Financial Administration
Topic 1: Nature and Scope of Public Financial Management (Q1–Q30)
Q1. Public financial administration is best defined as ______.
A. The management of private sector finances
B. The management of government revenues, expenditures, and budgeting
C. The auditing of corporate accounts
D. The collection of taxes only
Answer: B
Explanation: Public financial administration encompasses the management of government
revenues, expenditures, and budgeting to ensure accountability, efficiency, and
transparency in the use of public funds.
Q2. The main purpose of module PUB3705 is to provide students with fundamental
information on ______.
A. Private financial management
B. Public finance
C. Corporate accounting
D. International trade
, Answer: B
Explanation: The module aims to equip students with fundamental information on public
finance.
Q3. The prescribed textbook for PUB3705 is authored by ______.
A. Hames and Ekern
B. Pauw, Van der Linde, Fourie and Visser
C. Nathe
D. Gruber
Answer: B
Explanation: The prescribed textbook is Managing Public Money by Pauw, Van der Linde,
Fourie and Visser.
Q4. The learning outcome of PUB3705 can be summarised as understanding the
relationship between public finance and ______.
A. Private profit
B. The realisation of management goals
C. International markets
D. Personal wealth
300 Question MCQ Test Bank | Assignment 2 Focus: Externalities & Public Financial
Management
Exam Overview
| Item | Details |
|||
| Module | PUB3705 — Public Financial Administration and Management |
| Institution | University of South Africa (UNISA) |
| Prescribed Textbook | Managing Public Money by Pauw, Van der Linde, Fourie & Visser (3rd
ed., Pearson, 2015) |
| Level | Undergraduate / Distance Education |
| Number of Questions | 300 |
| Question Type | Multiple Choice (4 options: A–D) |
| Correct Answers | 1 per question |
| Marking Scheme | 1 mark per question / 300 total marks |
| Difficulty Mix | 40% Easy, 40% Medium, 20% Hard |
| Time Allowed | 300 minutes (recommended) |
| Primary Focus | Externalities, Market Failure, Public Financial Management |
| Language | English |
| Instructions | Choose the best answer for each question. Answer and explanation are
provided immediately after each question. |
,Table of Contents
| Unit | Topic | Questions |
||||
| Unit One: Foundations of Public Financial Administration | Nature and Scope of Public
Financial Management | Q1–Q30 |
| | The Relationship Between Public Finance and Management Goals | Q31–Q55 |
| Unit Two: The Concept of Externalities | Definition and Nature of Externalities | Q56–Q90 |
| | Types of Externalities: Positive and Negative | Q91–Q125 |
| | Externalities and Market Failure | Q126–Q155 |
| Unit Three: Externalities and the Public Manager | Importance of Externalities for Public
Managers | Q156–Q190 |
| | DecisionMaking and Resource Allocation | Q191–Q220 |
| Unit Four: Government Intervention and Corrective Measures | Pigouvian Taxes and
Subsidies | Q221–Q245 |
| | Regulation and Public Provision | Q246–Q265 |
| Unit Five: Practical Applications and Case Studies | Externalities in South African Public
Sector Context | Q266–Q290 |
| | ExamStyle Synthesis Questions | Q291–Q300 |
Questions, Answers & Explanations
,UNIT ONE: Foundations of Public Financial Administration
Topic 1: Nature and Scope of Public Financial Management (Q1–Q30)
Q1. Public financial administration is best defined as ______.
A. The management of private sector finances
B. The management of government revenues, expenditures, and budgeting
C. The auditing of corporate accounts
D. The collection of taxes only
Answer: B
Explanation: Public financial administration encompasses the management of government
revenues, expenditures, and budgeting to ensure accountability, efficiency, and
transparency in the use of public funds.
Q2. The main purpose of module PUB3705 is to provide students with fundamental
information on ______.
A. Private financial management
B. Public finance
C. Corporate accounting
D. International trade
, Answer: B
Explanation: The module aims to equip students with fundamental information on public
finance.
Q3. The prescribed textbook for PUB3705 is authored by ______.
A. Hames and Ekern
B. Pauw, Van der Linde, Fourie and Visser
C. Nathe
D. Gruber
Answer: B
Explanation: The prescribed textbook is Managing Public Money by Pauw, Van der Linde,
Fourie and Visser.
Q4. The learning outcome of PUB3705 can be summarised as understanding the
relationship between public finance and ______.
A. Private profit
B. The realisation of management goals
C. International markets
D. Personal wealth
