Question: (a) You are required to: (i) explain the basic principles on which value for money audits (VFM) in local authorities are conducted; (ii) give three

(a) You are required to:

(i) explain the basic principles on which value for money audits (VFM) in local authorities are conducted;
(ii) give three specific examples of methods of analysis which may be employed in practice (10 marks)

(b) Discuss the problems experienced with programme planning and budgeting systems (PPBS) and the major differences between PPBS and VFM.

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