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⭕❗ማስታወቂያ❗⭕
➡UC1:-process customer Account & Transaction
➡UC2:-financial market
➡UC3:-personal budget & ssving plan
➡UC4:-Develop understanding of Taxation
➡UC5:-Develop understanding of consumer debit & credit
⭕ከላይ👆የተዘረዘሩት ኮርሶችን በደንብ ተዘጋጁባቸው የLevel2 COC ፈተና የሚያተኩረው እነዚህ👆ኮርሶች ላይ ነው።
⭕ሌሎቹንም ኮርሶች ማየት እንዳትረሱ።
HENOK DEMEKE A6 CLASS CR😎
ADMAS UNIVERSITY
PART I. MULTIPLE CHOICE ITEMS
20 of 25 points
Instruction: Read the questions and choose the right answer from the given choices (alternatives) and tick the letter of Your Choice on the box provided on the answer sheet. (2 point each)
1. Which of the following is the correct sequential orders of 5s procedures.
C. sort ─ set in order ─ shine ─ standardized ─ sustain
B. set in order ─ sort ─ standardized ─ sustain ─ Shine
A. Shine ─ set in order ─ sort ─ sustain ─ standardized
D. sort ─ standardized ─ set in order ─ shine ─ sustain
2. Among the following one is the characteristics/role of the depository financial institutions*
A. They offer deposit account to savers.
B. They are not accept deposit from surplus unit
C. They accept the risks on loans provided
D. They diversify their loans among numerous deficit units.
E, All except B
3. Which of the following are the instruments of money market?*
D. All of the above
B. Treasury bills
C. Certificate of deposits
A. promissory note
4. Which one of the following the function of National Bank of Ethiopia*
A. Determine price stability
B. Regulate financial institutions
C. money printing
D. All
5. Which one of the following is not the role of national bank of Ethiopia (NBE)?
C. regulating the payment system
D. None
B. Controlling of other banks
A. Managing government debt
Assume XYZ Company is a VAT registered company. During the month ended sene 30, 2014, the company report total purchase of raw material Br 2,000,000 including VAT and sold totally for Br 1,600,000 before VAT. Instruction answer question number 6-8 based on the above illustrations
20 of 25 points
Instruction: Read the questions and choose the right answer from the given choices (alternatives) and tick the letter of Your Choice on the box provided on the answer sheet. (2 point each)
6. How much is input VAT paid on purchase of raw material?
C. Br 240,000
A. Br 300,000
B. Br 260,869.56
D. Br 208,695.65.
7. How much is output VAT collect at the time of sales made?
C. Br 240,000
D. Br 208,695.65.
A. Br 300,000
B. Br 260,869.56
8. How much is VAT payable or refundable to/from tax authority?
A. Br 52,173.91
D. None of the above
C. Br 20,869.56
B. Br 60,000
9. Which one of the following is not the ingredient of Employment income tax
B. Allowances
D. None
C. Basic Salary
A. Overtime Earning
10. Assume Mr X deposited Br 12,000 with annual interest rate of 12% for one year. How much is tax on interest income on deposit
B. Br 144
A. Br 1440
C. Br 72
D. Br 720
by HAB.A
Awo ye9 seatu new askedmo kegeba gn snt seat new mngebaw?
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Yetemesgen yetgnaw ye inventory new weys andegnaw cours
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Group Assigemnt
Required
1. Record necessary adjusting entry on July 31 and post to ledger
2. Prepare Adjusted trail balance on july 31
3.prepeare financial statemnts
A. Profit or loss statements
B. Owner's equity statatemnts
C. Balance sheet statatemnts
4. Prepeare closing entry and post closing entry
Group memebrs at least 5 only
Zare ke 3:30 -4:00 megenaga engenage endatarefdo
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CHOOSE THE BEST ANSWER,
11. The response that the sender receives from the receiver about the transmitted massage
b. Message
a. Feedback
d. Encoding
c. Decoder
12. Which statement best describes a Form in the work place?
A. Piece of paper with fixed data only
C. Piece of paper with fixed data and blank space for variable data
B. Piece of paper with blank space with variable data only
D. All
13. Diversity will be encountered in terms of all except
a. Personality
d. None
b. Skill
c. Ambition
14. Which one following is/was the ways to avoid credit card fraud?
C. Signing the back of the credit card
D. All
A. Not disclosing personal identification number to anyone
B. Selecting a PIN only the card holder would know
15. Which one is an implication of a poor credit history?
A. Higher interest rate penalties
C. Necessity to obtain guarantor in future loans
B. Ability to obtain finance in the future
E. All
D. A&C
Untitled Section
5 of 25 points
16. Which one of the following is/was true about unsecured loan?
C. High risk
B. Low risk
D. None
A. Supported by Asset
17. Which one the following is true about secondary market?
D. All of the above
B. The trading takes place only among the investor.
A. The price is fixed
C. It is new issue market
18. One of the following will not be the benefit of 5S.
A. Workplace becomes cleaner and better
D. Shop floor and office operation becomes safer
C. Customer complaints are increased
B. Space usage is not improved
19. Which of the following is a form of verbal communication?
D. Facial expressions
C. body language
A. Hand gestures
B. written memo
20. One of the following is true about sorting activity
A. preparing Tools and equipment and used to implement 5S
B. reading Job specifications and interpreting the working manual
C. Using Red tag strategy for unnecessary items.
D. all
by HAB.A
Endet nachu 8 seat ygibaln tolo timetalachu hulachum
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