PUB4870 ASSIGNMENT 5 2025
DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS
NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY OF PUB4870.
THIS REPORT IS INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH
THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED
FOR CHEATING. WE BELIEVE THIS WILL BE A GOOD STARTING POINT AS IT
WAS PREPARED BY OUR TEAM OF PROFESSIONAL PRIVATE TUTORS WHO
ARE EXPERTS IN THE FIELD, AND IT WAS PREPARED USING VARIOUS
SOURCES. ANY SIMILARITY WITH ANY EXISTING THEORY OR DISCUSSION BY
OTHER AUTHORS IS EXCUSED. THE AUTHORS HOWEVER DO NOT CLAIM
MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF THE ANSWERS
CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY FURTHER
GUIDELINE ABOUT THE INFORMATION CONTAINED HERE AND THE MODULE
IN GENERAL, CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI,
MNMs, MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION
PREPARATION, RESEARCH AND RESEARCH PROPOSALS, DISSERTATION
EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ,
UP etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and
telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144 or
email
, PUB4870 ASSIGNMENT 5 2025
QUESTIONS
Section A: Financial Planning Perspectives
1.1 Discuss the significance of functional objectives, future planning, and
resource scarcity in public sector financial planning.
The public sector financial planning process is a core functional activity with the
mandate of establishing objectives and aligning them accordingly with associated
costs. This is a requirement that involves planning because formal organizations, like
those in the public sector, must manage their monetary value, scope, and objectives
to operate appropriately. Three core dimensions bring focus to the need for this
process by emphasizing the establishment of functional goals, compliance with future
planning, and limitations imposed by the lack of resources.
The first critical aspect is the establishment of functional objectives in financial
planning. Objectives must be aimed at the achievement of predetermined outcomes
that can be measured physically, such as particular products or returns (Goldstein,
2023). This concept emphasizes that planning must outline precisely what outcomes
are intended to be achieved, and thus the process is goal-directed. Development of
non-functional goals is considered an exercise in futility in this case. Planning
financially then is subsequently carried out in reference to these established functional
goals. For instance, whereas planning is normally focused on specific outcomes,
preliminary planning can be performed as a viability study in order to determine
whether a complex project or goal is even feasible before investing full funds into it.
The second critical dimension is the importance of future planning, as financial
planning inherently includes looking ahead (Gcabashe & Pillay, 2025). By necessity,
financial planning is directed toward the future because it seeks to identify the costs
linked to achievable outcomes over time. The timeframes for planning vary
significantly within formal public institutions, generally encompassing short, medium,
and long terms. Short-term planning typically spans one financial year (or book year),
which in the public sector context usually starts on April 1st and ends on March 31st
of the ensuing year. Medium-term planning covers a timeframe of three to five years.
This is necessary particularly for developmental or capital projects, or large-scale
ventures where the final objective cannot be realized in a single year, requiring the
achievement of intermediate objectives first. Examples of medium-term ventures
DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE REPORT IS
NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY OF PUB4870.
THIS REPORT IS INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH
THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED
FOR CHEATING. WE BELIEVE THIS WILL BE A GOOD STARTING POINT AS IT
WAS PREPARED BY OUR TEAM OF PROFESSIONAL PRIVATE TUTORS WHO
ARE EXPERTS IN THE FIELD, AND IT WAS PREPARED USING VARIOUS
SOURCES. ANY SIMILARITY WITH ANY EXISTING THEORY OR DISCUSSION BY
OTHER AUTHORS IS EXCUSED. THE AUTHORS HOWEVER DO NOT CLAIM
MONOPOLY TO KNOWLEDGE HENCE MODIFICATION OF THE ANSWERS
CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWLEDGE. FOR ANY FURTHER
GUIDELINE ABOUT THE INFORMATION CONTAINED HERE AND THE MODULE
IN GENERAL, CONTACT PASSMATE TUTORIALS.
WE ASSIST WITH OTHER MODULES INCLUDING:
ECSs, FACs, MACs, MNGs, INTs, TRLs, HMEMS, PRMs, PROs, MNBs, DSC, QMI,
MNMs, MNO, MNPs, FIN, PUBs, MNMs, RESEARCH among others.
WE OFFER CLASSES, ASSIGNMENT GUIDELINES, EXAMINATION
PREPARATION, RESEARCH AND RESEARCH PROPOSALS, DISSERTATION
EDITING etc.
OTHER THAN UNISA, WE ALSO ASSIST STUDENTS AT VARIOUS INSTITUTIONS
INCLUDING MANCOSA, REGENT, REGEYNESES, BOSTON, STADIO, OLG, UJ,
UP etc
For any enquiries the following numbers can be used for calling, sms, whatsapp and
telegram
CONTACT PASSMATE TUTORIALS @061 262 1185/068 053 8213/0717 513 144 or
, PUB4870 ASSIGNMENT 5 2025
QUESTIONS
Section A: Financial Planning Perspectives
1.1 Discuss the significance of functional objectives, future planning, and
resource scarcity in public sector financial planning.
The public sector financial planning process is a core functional activity with the
mandate of establishing objectives and aligning them accordingly with associated
costs. This is a requirement that involves planning because formal organizations, like
those in the public sector, must manage their monetary value, scope, and objectives
to operate appropriately. Three core dimensions bring focus to the need for this
process by emphasizing the establishment of functional goals, compliance with future
planning, and limitations imposed by the lack of resources.
The first critical aspect is the establishment of functional objectives in financial
planning. Objectives must be aimed at the achievement of predetermined outcomes
that can be measured physically, such as particular products or returns (Goldstein,
2023). This concept emphasizes that planning must outline precisely what outcomes
are intended to be achieved, and thus the process is goal-directed. Development of
non-functional goals is considered an exercise in futility in this case. Planning
financially then is subsequently carried out in reference to these established functional
goals. For instance, whereas planning is normally focused on specific outcomes,
preliminary planning can be performed as a viability study in order to determine
whether a complex project or goal is even feasible before investing full funds into it.
The second critical dimension is the importance of future planning, as financial
planning inherently includes looking ahead (Gcabashe & Pillay, 2025). By necessity,
financial planning is directed toward the future because it seeks to identify the costs
linked to achievable outcomes over time. The timeframes for planning vary
significantly within formal public institutions, generally encompassing short, medium,
and long terms. Short-term planning typically spans one financial year (or book year),
which in the public sector context usually starts on April 1st and ends on March 31st
of the ensuing year. Medium-term planning covers a timeframe of three to five years.
This is necessary particularly for developmental or capital projects, or large-scale
ventures where the final objective cannot be realized in a single year, requiring the
achievement of intermediate objectives first. Examples of medium-term ventures
