KING’S COLLEGE – BUDDO
UGANDA ADVANCED CERTIFICATE OF EDUCATION
INTERNAL MOCK EXAMINATIONS 2020
ENTREPRENEURSHIP EDUCATION PAPER TWO
P230/2
TIME: 3HOURS
Instructions.
- Attempt only four question in this paper.
- Use of relevant diagrams and illustrations will lead to credit.
- You are dealing in production and distribution of tomato sauce.
- Prepare a weeks’ distribution schedule for business products.
(7marks)
- Design a delivery note to be used in the business. (5marks)
- Present a financial plan for the business. (7marks)
- Prepare a suitable advert for business products. (6marks)
- Prepare a weeks’ distribution schedule for business products.
- You are managing a partnership business with your two brothers that deals in processing of milk.
- Prepare a partnership dead for the business. (7marks)
- Formulate guidelines for developing effective marketing strategy.
(7marks)
- Design a questionnaire to be used for establishing the level of creativity for employees. (6marks)
- Develop a mission and vision statement for the business. (5marks)
- Prepare a partnership dead for the business. (7marks)
- You are a Human Resource Manager of a telecommunication company.
- Develop a job specification for an accountant. (6marks)
- Design a form to be used while appraising the performance of workers. (6marks)
- Prepare a motivation policy for the company. (6marks)
- Prepare a program for training employees. (7marks)
- Develop a job specification for an accountant. (6marks)
- You own a construction company and have been awarded a contract to construct Ntenjeru –Mpata Road by Mukono District Council.
- Prepare a company profile for the construction company. (6marks)
- Formulate terms and conditions to be included in the contract.
(6marks)
- Prepare a contractor’s information board. (7marks)
- Prepare a time sheet to be used in business. (6marks)
- Prepare a company profile for the construction company. (6marks)
- Mukono investments Ltd had the following information.
- On 1st April 2018, the business commenced with cash balance Shs 5,000,000.
- The business expects to have monthly sales of shs 20,000,000 and 80% is recovered in the month of sale for all sales.
- Monthly salaries for 40 workers are projected at shs 12,000 per worker.
- The business expects to get a loan of shs 10,000,000 in April.
- The business expects donation in cash worth shs 3,000,000 per month and this is expected to reduce by 10% after two months.
- Monthly rent income is expected to be shs 5,000,000 but this is expected to increase by 3% after two months.
- The business expects to buy premises worth shs 30,000,000 and payment is to be done in ratio 2:3 May and June respectively.
- Monthly cash purchases are shs 6,000,000 is expected to increase by 10% on monthly basis.
- Monthly interest on loan at a rate of 2% on monthly basis payable after one months’ grace period.
- The business will finance any cash short fall with a debenture at the beginning of the next month.
- The business is expected to pay a tax of shs 450,000 payable at the end of each quarter.
Required:
- Prepare a cash flow statement for the second quarter of 2018.
(18marks)
- Comment on the net cash position of the business. (03marks)
- Suggest measures to overcome a cash shortfall. (04marks)
- On 1st April 2018, the business commenced with cash balance Shs 5,000,000.