EXAMSHARE

Western Delta University, Oghara Delta State

department of introduction to business finance
college of social and management sciences
western delta university

first semester examination 2023/2024 session

acc203 - introduction to business finance time: 2hrs

Attempt four (4) questions. Each question carries equal marks

  1. Question 1 (17.5 marks)

    1. The opportunities available to a business to raise finance are many and varied. List and explain eight of these sources. (12 marks)
    2. Classes of shares is divided and classified into 3. List them. (5.5 marks)

  2. Question 2 (17.5 marks)

    Discuss briefly the relationship of finance with other functional area of business.

  3. Question 3 (17.5 marks)

    1. Explain the importance of trade credit as a source of financing to supplier and customer. (5.5 marks)
    2. What are the 6 key area of concern of effective accounts receivable management. (12 marks)

  4. Question 4 (17.5 marks)

    Write short notes on the following: (3.5 marks each)
    1. Financial resources
    2. Shares
    3. Debentures
    4. Bonds
    5. Convertible securities

  5. Question 5 (17.5 marks)

    1. The Articles of association contains the interanl regulation/management of the affairs of the company. List 5 matters to be considered. (8.5 marks)
    2. What are the 6 contents involved in memorandum of association. (8.5 marks)