MULUNGUSHI UNIVERSITY
SCHOOL OF BUSINESS
QUESTINNARE
Dear Participant,
We are fourth (4th) year students, doing B.COM- ACCOUNTING AND FINANCE and
ACCOUNTING AND FINANCE at Mulungushi University. You have been selected to take part
in this research study.
However, you are eligible to participate if you are a manager/director of this company, a
business man/woman, an entrepreneur, or an employee of this company. If you qualify, please
consider helping with this important research. The survey will take approximately 10 minutes
and your contributions will be highly appreciated.
Please note that information given will be treated with high level of confidentiality.
The information obtained from respondent will be used for academic purposes only.
You are required to respond to the various statement in different sections of the questionnaire
according to the guideline provided in each section.
BACK GROUND INFORMATION:
1. What is your age category?
20-25 [ ]
26-30 [ ]
Above 30 [ ]
2. What is your gender?
Male [ ]
Female [ ]
Other [ ]
3. What is your highest level of education?
Degree [ ]
Diploma [ ]
Secondary certificate [ ]
Primary education and below [ ]
4. How many years has your business been operational?
Less than 1 year [ ]
1-3 years [ ]
4-5 years [ ]
Above 6 years [ ]
5. How many employees does your business have?
1-2 [ ]
3-4 [ ]
Over 5 [ ]
6. What is your monthly sales revenue?
1,000 - 5,000 [ ]
6,000 – 10,000 [ ]
11,000 – 15,000 [ ]
Over 16,000 [ ]
SECTION A: BOOK KEEPING SKILL
1. How often does your business generate financial reports?
Monthly [ ]
Quarterly [ ]
Annually [ ]
Never [ ]
2. Do you maintain accurate financial records for your business?
Yes, I do it myself [ ]
Yes, by a qualified book keeper [ ]
No [ ]
3. Does your bookkeeping skill influence the success of your business?
Yes [ ]
No [ ]
4. If your answer in 3 above is YES, select as many as possible the ways in which
bookkeeping skill influence your business.
• Profitability [ ]
• Sales revenue [ ]
• Business expansion [ ]
• Employee growth [ ]
SECTION B: BUDGETING SKILL
5. How often do you review your business actual expenses compared to your budget?
Monthly [ ]
Quarterly [ ]
Annually [ ]
Never [ ]
6. Does your business create a formal budget for the coming month?
Yes [ ]
No [ ]
7. Does your budgeting skill contribute to the success of your business?
Yes [ ]
No [ ]
8. If your answer in 7 above is YES, select as many as possible the ways in which budgeting
skill influence your business.
• Profitability [ ]
• Sales revenue [ ]
• Business expansion [ ]
• Employee growth [ ]
SECTION C: DEBT MANAGEMENT SKILL
9. When considering a business loan, do you compare interest rates from multiple lenders?
Always [ ]
Sometimes [ ]
Never [ ]
10. Do you have a written plan to pay down your existing debt?
Yes [ ]
No [ ]
11. Does your debt management skill help your business to succeed?
Yes [ ]
No [ ]
12. If your answer in 11 above is YES, select as many as possible the ways in which Debt
management skill influence your business.
• Profitability [ ]
• Sales revenue [ ]
• Business expansion [ ]
• Employee growth [ ]
SECTION D: FINANCIAL KNOWLEDGE
13. How confident are you in your understanding of key financial terms like profit margin,
return on investment and cash flow?
Very confident [ ]
Moderately confident [ ]
Not confident at all [ ]
14. Can you interpret basic financial statements like income statement, cash flow statement?
Yes [ ]
No [ ]
15. Do you think your financial knowledge do help your business to succeed?
Yes [ ]
No [ ]
16. If your answer in 15 above is YES, select as many as possible the ways in which financial
knowledge influence your business.
• Profitability [ ]
• Sales revenue [ ]
• Business expansion [ ]
• Employee growth [ ]
THANK YOU FOR YOUR VALUABLE PARTICIPATION!!
