Professional Documents
Culture Documents
Government Activities
Activities
Government
At what
what level
level public
public
At
service should
should be
be
service
performed
performed
Public Spending
Spending vs
vs
Public
Private Spending
Spending
Private
To be
be able
able to
to explain
explain the
the
To
various government
government
various
activities
activities
To be
be able
able to
to analyze
analyze at
at
To
what level
level public
public service
service
what
should be
be performed
performed
should
To distinguish
distinguish Public
Public
To
Spending Private
Private
Spending
Spending
Spending
Government Activities
Activities
Government
Government
Activities
Government Activities
Activities
Government
1
Taxes
2
Borrowing
Preparation
of Budget
Purchasing
of
Goods &
Services
Keep Record of
Financial
Auditing
Accounting
Copyright 2010 Asiyah Kassim
Accountability
Government Activities
Activities
Government
Welfare
Social Security
National Defense
Education
Health
Info/Infrastructure
Copyright 2010 Asiyah Kassim
2. Public Choice
War
The leadership
3. Political
Decision
1. Objective
2. Procedures
3. Decision Making
4. Resource Fund
5. Charges
6. Resource Allocation
7. Influence
8. Control System
Level of
of Differences
Differences
Level
Public Spending
Private Spending
Differences (Cont)
(Cont)
Differences
Public Spending
Private Spending
Resource Allocation
according to priority by
sectors & contingencies
Resource Allocation
according to profitability
Influence mainly by
Shareholders or market
condition
Control System
Companys Policy
Differences (Cont)
(Cont)
Differences
Public Spending
Private Spending
Relationship of expenditure to
income the government will first
determine what expenditure is to
be incurred and then proceeds to
find out funds
Relationship of expenditure to
income the expenditure is
limited by the amount of income
or fund raised