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Wakiso Kampala Teachers Association Wakata Entrepreneurship Education

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PDF 162.63 KB 3 pages Jul 23, 2026

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Subject Entrepreneurship
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845/2 ENTREPRENEURSHIP EDUCATION Paper 2 Nov./Dec. 2020 2½ hours WAKISO-KAMPALA TEACHERS’ ASSOCIATION (WAKATA) WAKATA MOCK EXAMINATIONS 2020 Uganda Certificate of Education ENTREPRENEURSHIP EDUCATION Paper 2 2hours 30minutes INSTRUCTIONS TO CANDIDATES: Answer only four questions. Section A is compulsory. Answers to this section should be precise Answer three questions from section B. Any additional question(s) answered will not be marked. ©2020 Wakiso Kampala Teachers, Association (WAKATA) Turn Over 2 SECTION A (40 MARKS) Answer all parts of this section 1. (a)(i) What is meant by the term price? (01mark) (i) State any three factors that should be considered when determining the price of accomodity (03marks) (b) Give any four reasons for carrying out market research. (04marks) (a) (i) Define the term “Business”. (01mark) (ii) Mention any three importances of business in your country. (03marks) (d) Distinguish between the following (i) Credit note and Debit note (02marks) (ii) Bank over draft and Bank statement (02marks) (e) Me ntion any four advantages of double entry system (04marks) (f) The following details were obtained from the books of ABC Ltd as at 30.06.2020. Sales shs 40,000,000 Purchases shs 18,000,000 Opening stock shs 20,000,000 Closing stock shs 60,000,000 Expenses shs 4,500,000 Calculate the; (i) Cost of sales (02marks) (ii) Net profit (02marks) (g)(i) What is a Trial Balance? (01mark) (ii) State any three errors that affect the Trial Balance totals (03marks) (h)(i) Define the term “Business Plan” (01mark) (ii) Mention any three elements of business plan (03marks) (i) State any four ethics that an entrepreneur should practice towards employees. (04marks) (j) Given the following Assets and liabilities of a business Shs Land 10,000,000 Premises 5,000,000 Stock 4,000,000 Creditors 3,000,000 7 years loan 6,800,000 Cash 2,000,000 Bank 1,000,000 3 Calculate the value of the; (i) Capital of the business (02marks) (ii) Total current Assets and Current …
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Wakiso Kampala Teachers Association Wakata Entrepreneurship Education , is an educational document on StudyUganda.com covering Subject Entrepreneurship. This resource includes: "845/2 ENTREPRENEURSHIP EDUCATION Paper 2 Nov./Dec. 2020 2½ hours WAKISO-KAMPALA TEACHERS’ ASSOCIATION (WAKATA) WAKATA MOCK EXAMINATIONS 2020 Uganda Certificate of Education ENTREPRENEURSHIP EDUCATION Paper 2 ……" (Format: PDF) — 162.63 KB, 3 pages. Added July 23, 2026.

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