This 10-mark question covered the topics of value for money audits, benefits of documenting work and sampling.

Part (a) for 3 marks required candidates to define the “three E’s” of a value for money audit. Candidates’ performed well on this question.

Almost all candidates were able to identify the three E’s of economy, efficiency and effectiveness and the explanation of economy, however, the explanations of efficiency and effectiveness were often vague or mixed up.