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Entreprenuership Question Paper

Entreprenuership 

Course: Business Administration

Institution: Mount Kenya University question papers

Exam Year:2012



INSTRUCTIONS.
>. There are two sections.
>. Answer all questions in both sections.

SECTION A
1. State four features of corporation (4Mks)
2. Highlight four roles of a producer cooperative.(4 mks)
3. Highlight four advantages of buying shares in a company. (4 mks)
4. Distinguish in four ways a private company from a public company. (4mks)
5. State four reasons why the government is involved in business activities. (4 mks)
6. State four steps a consumer can take to protect themselves. (4 mks)

SECTION B.
7. Expailn five principles of insurance givng an example to illustrate. (10 mks)
8. Enter the following transactions in the book of Laboso 2010.
Feb 1 Commenced business with cash Ksh. 50,000 and bank Ksh 150,000.
Feb 4 Bought a piece of Land from Matete at Ksh. 80,000 paying Ksh. 50,000 by cheque
and the balance to pay later.
Feb 6 Bought three computers valued Ksh. 20,000 from IBM Ltd paying Ksh. 30,000 by cheque
and the balance later.
Feb 8 Deposited Cash Ksh. 30,000 in his bank account.






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