question archive A)Public sector entities in Malaysia can be classified into several classification bases
Subject:AccountingPrice: Bought3
A)Public sector entities in Malaysia can be classified into several classification bases. By providing an example for each group, describe and explain FOUR (4) different groups of public sector entities classifies based on accounting entity. (8 Marks)
B. "To mitigate the impact of COVID-19 and the Movement Control Order (MCO), the Malaysian government has introduced the "Prihatin Rakyat Economic Stimulus Package or PRIHATIN", an enhancement to the Economic Stimulus Package worth RM250 billion announced on 27th February 2020 to ease the burden of citizen and the business community. The sources of fund come from Employee Provident Fund (EPF) RM50 billion, banks RM175 billion and RM25 billion is direct fiscal injection by the federal government".
Based on the above information:
REQUIRED:
(a) Determine the amount that the government need to table in parliament for approval. (2 Marks)
(b) Identify and explain the appropriate bill that the government should table to fulfill the spending requirement of federal consolidated fund. (6mark)
C. One of the federal government machineries established under the requirements of the federal constitution is the commission. By referring to Election Commission, explain two purposes of establishment of that Commission. (4 Marks)