BUAD 801 - BUAD 811 PAST QUESTIONS

By: Otukoya Hassan Ibrahim Date: Tuesday, July 24, 2018 10:19 AM

Target Audience:

BUAD 801

September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 801: Management Theory and Practice

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Management is a problem solving process of effectively achieving organisational objectives. Discuss

the problem solving skills necessary for managers.

2. There are basically five primary functions of management. Discuss

3. Planning is perceived as a bedrock upon which other managerial functions could be established
smoothly. Justify your position on this assertion.

4. What are the benefits of a Good Organisation

5. Explain the Six P’s of Planning

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 801: Management Theory and Practice

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. There are basically three levels of management relative to standing in an organisation's hierarchy of
authority. Discuss.

2. What are the characteristics of Good Planning?

3. Why is culture such an important concept in business?

4. What are the benefits of corporate planning in an organisation?

5. Discuss the principles of Organisation.

BUAD 802

September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 802: Production and Operations Management

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Explain the key aspects of operations management decision making.

2. Identify and explain the various factors that determine plant location and layout.

3. What is an inventory? Identify and explain the different types of Inventories

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 802: Production and Operations Management

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. What are the methods of forecasting? Explain them

2. What are the factors that are to be considered in the location of facilities?

3. What are the requirements for effective inventory management?

4. A car manufacturing company produces 450 cars in one month. It buys the engines for cars from a
supplier at a cost of ₦20 per engine. The company’s inventory carrying cost is estimated to be 15% of
cost and the ordering is ₦50 per order. You are required to:

i. Compute the average annual ordering cost.

ii. Compute the average inventory

5. The following data set represents a set of hypothetical demands that have occurred over several
consecutive years. The data have been collected on a quarterly basis. If it is assumed that each year a
forecast has been made for the subsequent year, use the Naive method of forecasting to calculate:

i. The actual demand

 ii. The forecast

Year

Quarter 1

Quarter 2

Quarter 3

Quarter 4

2
3

62

73

79

83

89

94

94

110

118
124

135

139

113

130

140

146

161

162

41

52

58
62

65

70

BUAD 803

September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 803: Principles of Accounting

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Describe the various branches of accounting.

2. What are the key accounting concepts?

3. Explain what you understand by source documents

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 803: Principles of Accounting

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Discuss the objectives of accounting

2. Explain the internal and external users of accounting information

3. Discuss all the subsidiary books that you know

4. Distance Learning Centre acquired a Packard bell Printer on 1st January, 2018 for office use at a cost
of #110,000. The Packard bell Printer is expected to have a useful life of 5years with a residual value of
#10,000. Using Straight Line Method, calculate the annual depreciation value of the Packard bell Printer.

5. On 1st January, 2018 DLC started business with #24,434 cash and #324,434 in bank account. The
following are the transactions of DLC for the month of January, 2018.

January 2nd received the sum of #32,490 from Aliyu.

January 5th #12,000 was received in cash from Mr. Olamide.

January 10th paid Electricity bill by cheque #39,280; Rent #62,000 by cheque.

January 12th received cheque from Abdul #15,000.

January 14th paid A.B.U. Press #19,520 by cheque and #10,000 by cash.

January 17th paid Wages #39,280 by cash.

January 21st received cheque #392,000 from Maiwada & Co.

January 24th paid #7,390 to Tax Office by cash.

January 25th sales #37,800 by cheque and #24,000 by cash.

January 27th purchases by cheque #49,000; by cash #20,000.

January 28th received cash from Janet #43,200; paid Rates #27,920 in cash.

January 29th paid wages by cheque #53,830.

Required

Prepare a two-column cash book of DLC for the month of January, 2018.

BUAD 804

September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course: BUAD 804: Corporate Financial Management

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.
 1. Discuss the limitations of a company's financial statement.

2. Identify and explain approaches to capital rationing.

3. State and explain the different ways through which corporations pay dividend.

4. Why is the nature of accounting information useful for managerial actions?

5. What are the relevant of dividend theories in financial management?

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 804: Corporate Financial Management

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.
 1. What are the objectives of dividend policy?

2. What are the issues in financial reporting? Discuss any five.

3. Identify and explain the techniques used in investment decision analysis.

4. What are the tools and techniques used in the analysis and interpretation of corporate
financial information?

5. Define the firm’s cost of capital and explain any 4 of its importance.

BUAD 805

2017 September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 805: Managerial Economics

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.
1. Perfect competition or perfectly competitive market is an ideal market that has to satisfy the four
conditions, discuss

2. GDP is the total value of goods and services produced within the country during a year. There are
three different ways to measure GDP, discuss

What are the instruments of monetary policy?

The table below is a linear trend of time series analysis.

Year

2009

2010

2011

2012

2013

2014

2015

2016
20017

2018

Sales

22734

24731

31489

44685

55319

91021

146234

107887

127483
97275
You are required to use the information above to:

Estimate the sales for 2017

Estimate the sales for 2019 and

Fit a linear regression equation

5. The table below is a Cost Schedule for ABU bead bakery. You are required to complete the table.
Clearly show your workings.

Output

TC

TFC

TVC

AFC

ATC
AVC

MC

v1400

500

3000

500
3

2200

500
4

2300

500

2550

500
6

2800

500
7

3500

500

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 805: Managerial Economics

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Discuss the difference between monopoly and oligopoly

2. What is GNP? What are the three approaches employed for measuring GNP?

3. The table below is a Cost Schedule for ABU bead bakery. You are required to complete the table.
Clearly show your workings.

Output

TC

TFC

TVC

AFC

ATC

AVC
MC

v1100

200

1700

200
3

2000

200
4

2100

200

2150

200
6

2500

200

7
3200

200

4. Discuss the scope and limitations of monetary policy

5. The table below is a linear trend of time series analysis.

Year

2010
2011

2012

2013

2014

2015

2016

2017

20018

2019

Sales

22734

24731
31489

44685

55319

91021

146234

107887

127483

97275
You are required to use the information above to:

i. Estimate the sales for 2016

ii. Estimate the sales for 2018 and

iii. Fit a linear regression equation

BUAD 806

September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 806: Business Statistics and Quantitative Analysis

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. What do you understand by variability and what are the purposes of measuring it?

2. Explain the difference between a bar chat and a pie chat?

3. What are the properties of discrete probability distribution?

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 806: Business Statistics and Quantitative Analysis

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. What are the advantages of presenting data in a table?

2. Explain the differences between skewness and kurtosis.

3. Five students sat for BUAD 806 exam and their scores are 5, 6, 7, 8, and 9. You are required to
Calculate:

a) Arithmetic mean

b) Harmonic mean

c) Geometric mean

d) Establish a relationship between a, b and c.

4. Discuss the determinants of a sample size.

5. A box contained 12 white balls, 8 yellow balls and 6 brown balls and 4 black balls. If a ball is picked
at random, required:

What is the probability that the ball picked is either a yellow or brown?

What is the probability that the ball picked is either a white or black?

BUAD 807

September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 807: Fundamentals of Marketing

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Discuss the factors that any company must consider when deciding the quality of a new product to
be produced
2. Discuss how the channel of distribution affect the pricing decisions

3. What are the basis for positioning a product?

4. Explain the three basic kinds of label?

5. In determining the price of a product, the firm must consider many factors. Explain any five of such
factors

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 807: Fundamentals of Marketing

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Describe the stages involved in product positioning.

2. What is packaging? What are the three levels of material in packaging?

3. Explain any five pricing objectives.

4. Why must marketers consider consumers’ perceptions of value for money when setting prices?
5. Explain five distinctive functions of packaging and labeling

BUAD 808

September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 808 Business and Company Law

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Discuss the building blocks of a contract

2. Distinguish between ‘agreement’ and ‘contract’.

3. Explain six reasons why the principal may be bound by contracts made by the agent.

4. What are the three distinct sources of authority of an agent

5. Discuss the duties of Agents to their Principals

6. What are the Terms and Conditions of a hire purchase

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 808 Business and Company Law

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Contracts are divided into different ways according to the nature of agreement reached by the
parties, the nature and terms of the agreement. Discuss the four classification of contract

2. Discuss the types of credit you know

3. What is the difference between a contract for the sale of goods and a hire purchase agreement?

4. Explain any 4 types of agent.

5. Explain six reasons why the principal may be bound by contracts made by the agent.

BUAD 810

2017 September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 810: Investment and Project Analysis

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Discuss the distinction between debt and equity.

2. Why is it important to conduct cost and benefit analysis before embarking on project?

3. What are the stages involved in conducting feasibility studies?

4. Expansion plc has an empty department in one of its factories that could be used to expand the
production of current products or produce new products. The following information was obtained for
the proposals:

YEAR

CASH FLOW

4
5

000

-160

30

50

90

80

60

You are required to calculate the Net Present Value

5. You have been provided with the following information:

Trade Debtors: N21,000

Trade Creditors: N 15,000

Proposed dividends: N 2,500

Bank: N 5,000
Closing stock: N 9,000

Opening stock: N 8,000

You are required to calculate:

i. Current liquidity ratios

ii. Quick liquidity ratio

iii. Current assets

iv. Current liabilities

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 810: Investment and Project Analysis

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.
1. Discuss the cost of depreciation of funds.

2. Explain the difference between risk and uncertainty in project analysis.

3. Expansion plc has an empty department in one of its factories that could be used to expand the
production of current products or produce new products. The following information was obtained for
the proposals:

YEAR

CASH FLOW

4
5

000

1,900

300

500

600

800

500

What is the expected payback period?

4. Explain what is meant by feasibility studies.

5. You have been provided with the following information:

Stock at start of year: N30,000

Stock at end of year : N 20,000

Annual Sales: N 50,000

Annual Purchases: N 10,000

Total expenses: N 5,000

Capital at start: N 62,000

Capital at end: N 18,000

You are required to calculate:

i. Gross profit percentage

ii. Net profit percentage

iii. Return on capital employed

BUAD 811

2017 September Semester (Sept-Jan) Examination (Group 1- weekend group)

Course- BUAD 811: Financial System and Bank Management

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Explain the advantages and disadvantages of commercial papers.

2. Discuss the purpose of financial statements?

3. What are the functions of the Nigerian Capital Market?

4. Define Bank Assets and discuss the different types of bank assets.

5. Mention and explain the types of Interest rate?

2017 September Semester (Sept-Jan) Examination (Group 2- weekday group)

Course- BUAD 811: Financial System and Bank Management

INSTRUCTIONS: Answer any three (3) questions

All questions carry equal marks (10 marks) Time allowed: 2 Hours.

1. Distinguish between certificates of deposit, commercial papers and bankers acceptances.

2. Identify and describe four different types of financial statements.

3. What is bank liability? Explain the various types of bank liability.

4. Identify and discuss the types of risks associated with lending.

5. Discuss the uses of financial statements.