100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
PUB3705 Assignment 3 (526898) Due 13 September 2024 R52,83   Add to cart

Exam (elaborations)

PUB3705 Assignment 3 (526898) Due 13 September 2024

 5 views  0 purchase

The Question Discuss the measuring of public benefits as it relates to the spending of public money in detail. In your discussion focus on fruitless and wasteful expenditure, output and outcomes and accountability for outcomes.

Preview 2 out of 6  pages

  • September 9, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
All documents for this subject (10)
avatar-seller
GeniusGears
PUB3705

Assignment 3

Semester 2

Unique No: 526898

DUE 13 September 2024

, Measuring public benefits is crucial in ensuring that public money is spent effectively
and efficiently. It involves assessing the outcomes and impact of public expenditures
to determine whether they are achieving their intended goals and objectives. This
discussion will focus on fruitless and wasteful expenditure, output and outcomes,
and accountability for outcomes.


Fruitless and Wasteful Expenditure


Fruitless expenditure refers to spending that does not yield any tangible benefits or
results, while wasteful expenditure refers to spending that is unnecessary or
excessive. Both types of expenditure can occur due to various factors such as
inefficient procurement processes, lack of transparency, or inadequate monitoring
and evaluation.


To prevent fruitless and wasteful expenditure, governments can implement
measures such as:


▪ Conducting thorough needs assessments before allocating funds to ensure
that the spending is aligned with priorities and needs.
▪ Implementing robust procurement processes to ensure that funds are used
efficiently and effectively.
▪ Establishing clear performance indicators and metrics to measure the
effectiveness of public spending.
▪ Conducting regular audits and evaluations to identify areas of inefficiency and
waste.


Output and Outcomes
Output refers to the tangible products or services delivered by a government
program or project, while outcomes refer to the desired effects or impacts on society.
Measuring output and outcomes helps to determine whether public spending is
achieving its intended goals and objectives.


To measure output and outcomes, governments can use various indicators
such as:


Quantitative indicators such as the number of jobs created, students educated, or
patients treated.
Qualitative indicators such as feedback from citizens, surveys, or focus groups.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GeniusGears. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R52,83. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81989 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R52,83
  • (0)
  Buy now