Question: QUESTION 2 ( a ) Identify and briefly any four ( 4 ) differences between the Public Sector and Private Sector ( 4 marks) (

QUESTION 2

( a ) Identify and briefly any four ( 4 ) differences between the Public Sector and Private Sector ( 4 marks)

( b ) Briefly explain the main differences between Private Sector Accounting and Public Sector Accounting ( 8 marks)

( c ) Explain the main differences between Cash and Accrual Accounting bases of Accounting, giving an appropriate example in each case ( 8 marks )

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