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Ent 2 Uace

This document contains instructions and questions for the Uganda Advanced Certificate of Education Entrepreneurship Education Paper 2 exam. The exam consists of 6 questions to be answered in 3 hours. Candidates must answer 4 questions. Question 1 involves establishing a beverage processing plant and developing related marketing, inventory, and procurement plans. Question 2 involves improving marketing operations for an agricultural products store. Question 3 involves taking over a liquid soap making business and addressing labor and delivery issues. Question 4 involves starting a social enterprise to encourage tree planting and developing related plans. Question 5 involves calculating and interpreting various financial ratios for a business. Question 6 involves preparing a cash flow plan and commenting on cash management for a trading business with various financial projections provided.

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4K views4 pages

Ent 2 Uace

This document contains instructions and questions for the Uganda Advanced Certificate of Education Entrepreneurship Education Paper 2 exam. The exam consists of 6 questions to be answered in 3 hours. Candidates must answer 4 questions. Question 1 involves establishing a beverage processing plant and developing related marketing, inventory, and procurement plans. Question 2 involves improving marketing operations for an agricultural products store. Question 3 involves taking over a liquid soap making business and addressing labor and delivery issues. Question 4 involves starting a social enterprise to encourage tree planting and developing related plans. Question 5 involves calculating and interpreting various financial ratios for a business. Question 6 involves preparing a cash flow plan and commenting on cash management for a trading business with various financial projections provided.

Uploaded by

danielzashleybob
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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P230/2

ENTREPRENEURSHIP
EDUCATION
Paper 2
Jul./Aug. 2019
3 Hours

SENIOR EDUCATION CONSULTANTS (SEC)


JOINT MOCK EXAMINATIONS, 2019
Uganda Advanced Certificate of Education

ENTREPRENEURSHIP EDUCATION
Paper 2
3 hours

INSTRUCTIONS TO CANDIDATES:

 This paper consists of six questions.

 Answer only four questions.

 All questions carry equal marks.

 Any additional question(s) answered will not be marked.

© SEC Joint Mock Examinations 2019 Turn Over


1
1. You have established a beverage processing plant.

(a) Write a marketing plan of the project. (07 marks)

(b) Propose policies for workers to follow to manage inventory. (06 marks)

(c) Make a brand label to be placed on your 2 litre bottle of juice. (07 marks)

(d) Develop a bid notice for the weekly supply of fruits. (05 marks)

2. Your agricultural produce store is involved in the processing and marketing of a


variety of agricultural products. You have allocated shs.10,000,000 to be used to
improve on marketing operations.

(a) Prepare a marketing expenses budget for the business. (07 marks)

(b) Design a stock requisition form the business uses. (06 marks)

(c) Present guidelines for ensuring business success. (06 marks)

(d) Draft a programme for determining the profitability of your business.


(06 marks)

3. You have taken over the ownership of a liquid soap making business. The business
has been experiencing high labour turnover and delays in delivery of products to
customers.

(a) Perform a root cause analysis for high labour turnover. (06 marks)

(b) Write a package sheet to accompany customer products . (07 marks)

(c) Design an application form to use in the recruitment exercise. (07 marks)

(d) Write a production plan for your business. (05 marks)

4. You have opened up a social enterprise supplying tree seedlings to encourage tree
planting in your home area to overcome drought.

© SEC Joint Mock Examinations 2019 2


(a) Present a theory of change for your social enterprise. (05 marks)

(b) Draw a programme for becoming a social entrepreneur. (07 marks)

(c) Prepare an Action plan for implementing the planned business activities.
(07 marks)

(d) Write a memo inviting the volunteers in your social enterprise to discuss
the causes of drought. (06 marks)

5. The following balances were extracted from the books of Ssonsomola at the end of
his trading period on 31st Dec 2018.
Shs ‘000’
Turnover 6,000,000
Net purchases 1,950,000
Debtors 920,000
Accounts payable 300,000
Opening inventory 570,000
Closing inventory 200,000
Over heads 2,600,000
Total not current assets 12,200,000
Cash 460,000
Bank 2,000,000
Bank loan 1,000,000
Unpaid rent 6,000
Interest receivable due 40,000

(a) Required: compute and interpret


(i) Average markup (04 marks)
(ii) Net profit margin (04 marks)
(iii) Credit payment period in weeks (04 marks)
(iv) Inventory turnover ratio (04 marks)
(v) Cash ratio (04 marks)
(vi) Gearing ratio (04 marks)

6. The following projections relate to Fabiola traders for the month of May, June,
July and August 2016.

© SEC Joint Mock Examinations 2019 3


(i) Cash in hand shs.50,000,000 and overdraft of shs.60,000,000.
(ii) The business offers both cash and credit sales. Cash sales are projected at
shs.25,000,000 monthly. Credit sales are 75% of the cash sales and the
debtors are to pay 80% in the moth of sale and the balance in the next
month less 10% cash discount.
(iii) The business intends to acquire two loans in the 1 st and 3rd months for
shs.12,000,000 and 16,000,000 respectively payable in four equal monthly
installments with effect from the months of acquisition at an interest rate of
5% monthly on straight line method for each loan.
(iv) The business employees both fulltime earning twice the pay of part-time
workers. The business has 40 part-timers ad 15 full time workers. The part-
time workers are paid shs.200,000 per month. The business plans to buy a
vehicle at shs.40,000,000 on credit, is to depreciate at shs.4,000,000 per
month.
(vi) The business intends to install a machine in the first month on different
payment basis. The machine costs shs.30,000,000, shs.6,000,000is to be
deposited as down payment and the balance to be paid in the ratio 4:3:1.
(vii) Cash purchases are projected at shs.10,000,000 while credit purchases are
estimated at 80% of the total monthly sales whose payment is effected in
the following month.
(viii) Donation of shs.5,000,000 is expected in the 2nd month. This is to increase
by 15% monthly.
(ix) Payments for utilities in may are estimated at shs.4,000,000. This is to
reduce by 10% monthly.
(x) A corporation tax of 30% is o be paid on each months total sales revenue.

Required:
(a) Prepare Fabiola traders cash flow plan for the months of May, June, July
and August 2016. (19 marks)

(b) Comment on the net cash position. (03 marks)

(c) Suggest measures of ensuring proper management of cash. (03 marks)

END

© SEC Joint Mock Examinations 2019 4

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