UACE Entrepreneurship Education Paper 2 (P230/2)

This is an Entrepreneurship Education Paper 2 (P230/2) in the Uganda Advanced Certificate of Education format. Candidates have three hours to answer any four of six questions, and all questions carry equal marks. Four questions are based on business scenarios: an electronics shop, a bakery moving to a new site, a growing stationery retailer and a farm that is replacing its tractor. They ask candidates to write invoices, notices, letters of inquiry, bid notices, budgets, rules, guidelines and management plans. The last two questions are about money. One asks for a four-month cash flow statement. The other asks candidates to calculate and explain ratios such as inventory turnover, return on capital employed and the cash ratio.