2009 exam of mekonnen

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Addis Ababa University *

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101

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Business

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Nov 24, 2024

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ADMAS UNIVERSITY TIKIM 2012 ADMAS UNIVERSITY MESKEL , MISRAK , MEGENAGNA ADEBABAY, KALITI , MEKANISSA , MEKELE & BISHOFTU TVET COLLEGES’ SUMMATIVE ASSESSMENT/S KNOWLEDGE AND PRACTICAL PACKAGE Trainee’s Name: ID No.: Section: Occupation/Department: Accounts and Budget Support level III Entry & Level LEVEL I 2010 E.C ENTRY EXTENSION TRAINEES’  Please put a tick mark (  ) besides your trainer’s name: Mekonnen G/Wold Unit Title: 1. Make Decision on Legal Context 2.Apply principles of professional practice in financial service industry Date of Assessment: 2:00 HRS GENERAL DIRECTIONS: 1. MAKE SURE THAT THE ASSESSMENT PAKAGE CONTAINS 05 PAGES INCLUDING THE COVER PAGE. 2. READ THE INSTRUCTIONS CAREFULLY FOR KNOWLEDGE AND PRACTICAL PARTS. 3. USE ONLY BLUE OR BLACK PEN. 4. TURN OFF YOUR MOBILE PHONE. 5. ANY ACTION TAKEN BY THE INVIGILATOR DURING EXAM TIME WILL NOT BE 1 | P a g e

ADMAS UNIVERSITY TIKIM 2012 COMPROMISED. 6. PUT AWAY ANY MATERIALS THOSE ARE NOT ALLOWED FOR THE ASSESSMENT/S. N.B: DON’T TURN THIS PAGE UNTIL YOU ARE ALLOWED TO DO SO!! LET`S GO GREEN TO GET OUR GLOBE CLEAN!  ሠልጣኞች ውጤት ( ግብረ - መልስ ) የሚያዩበት ቀን፡ /02/2012 ዓ . ም . ሠዓት፡ በ 3 ፡ 00 ሠዓት ይሆናል፡፡ SECTION I: KNOWLEDGE PART INSTRUCTION: This assessment contains 05 matching type questions, each worth 2 point. Match the item in column “A” with the item in column “B” and write letter of the best match on the space provided. Use only capital letters. A B -------------1. Regulatory Requirement A. Adherence to laws, regulations, guidelines -------------2. Regulatory compliance B. A charge by gov’t on the income. -------------3. Commercial law C. Governs business and commercial transactions -------------4. Tax Evasion D. Product or service requirement imposed by gov’t. -------------5. Tax E. Purposefully underpays tax SECTION II INSTRUCTION: This assessment contains 10 multiple choice questions, each worth 2 point. Choose the best answer from the given alternatives & write the choice of the correct letter on the space provided. Make sure that your answer is clearly marked. Use only capital letter. 1. Acting in accordance with a request , command , rule or instruction A. Policies and procedure C. Regulatory Requirement B. compliance D. B & C E. None 2. Ensures compliance with laws and regulations , give guidance for decision making, A. Policies and procedures C. contact numbers B. Compliance D. B & C E. None 2 | P a g e

ADMAS UNIVERSITY TIKIM 2012 3. The legislation aims to restrict tax avoidance and to assist in the detection of crime, A. Regulatory compliance C. Financial transaction Report manual B. Financial transaction control D. Commercial code 4. Is a procedure that is intended to detect and or prevent errors, mis appropriation or policy non compliance in a financial transaction process, A. Regulatory compliance C. Financial transaction Report manual B. Financial transaction control D. Commercial code 5. A road-map for day- to- day operation, A. Commercial code C. Policies and procedures B. Financial transaction Report manual D. Regulatory Requirement 6. Implement public servants security laws, regulations, and directives, A. Federal and Regional Courts C. Ethiopian Revenue and customs Authority B. Ethiopian Social security Agency D. Federal Auditor General 7. Manage Government ‘s Financial Asset, A. National Bank of Ethiopia C. Ministry of Finance and Economic development B. Federal Auditor General D. Ethiopian Revenue and customs Authority 8. Protect customer’s right to selectively buy goods and services, A. Federal Auditor General C. Ministry of Finance and Economic development B. Trade practice and consumer D. Ethiopian Revenue and customs Authority protection Authority, 9. Propose economic and financial policy, A. National Bank of Ethiopia C. Ministry of Finance and Economic development B. Trade practice and consumer D. Ethiopian Revenue and customs Authority protection Authority 10 .Judiciary organ responsible for interpreting the law of the country, A. Federal Auditor General C. Ministry of Finance and Economic development B. Ethiopian Social security Agency D. Federal and Regional Courts PART II: PRACTICAL PART Instruction: This assessment contain 3 questions; worth 20points. Read and analyze each question carefully so that when you understood, answer the questions correctly. Try to write neatly and proofread as you go. 1. Explain the role and responsibility , function of National Bank of Ethiopia, 2. Explain the role and responsibility , function of Office of Auditor General, 3. Define and Explain Compliance Requirement, 3 | P a g e

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ADMAS UNIVERSITY TIKIM 2012 UNIT TITLE: Apply principles of professional practice in financial service industry PART I: KNOWLEDGE PART SECTION I INSTRUCTION: This assessment contains 10 matching type questions, each worth 2 points. Match the items in column “A” with the items in column “B” and write the letter of the best match on the space provided. Use only capital letters. COLUMN “A” COLUMN “B” 1. Main sector A. Conflict of interest 2. External forces B. industry policy document 3. Calculations C. political climate 4. Triple bottom line principles D. financial markets 5. Legislation, regulations and codes F. finance law Of practice 6. Feedback F. environmental 7. Format appropriate for the audience G. insurance premiums 8. Professional development opportunity H. informal gatherings b/n tea members 9. Policies, guidelines and procedures I. Conferences 10. Ethical approach to work place practice J. Written documentation SECTION II INSTRUCTION: This assessment contains 5 multiple choice questions, each worth 2 point. Choose the best answer from the given alternatives and write the choice of the correct letter on 1.To manage information A. Information is presented in a format appropriate for the audience B. Work planning is made to support triple line principles C. Own work practice is clarified D. All E. None 4 | P a g e

ADMAS UNIVERSITY TIKIM 2012 2. All of the following are external forces impacts the financial service industry except A. economic climate B. exchange rate C. interest rate D. media E. none 3. Policies, procedures and guidelines of financial service industry may includes A. Franchise agreements B. customer service statements C.Organizations codes of practice D. all 4. One of the following statement is not matches against to participate in and facilitate work team activities. A. feed is provided to team members B. team members are actively encouraged to participate in communication process C. the roles and responsibilities of other participants in the financial service industry are identified. D. all E. none 5. Ethical approaches to work place practice and decision may includes A. good faith B. mission statement C. duty of care D. none PART III: PRACTICAL PART INSTRUCTION: This assessment contains 4 questions; total worth 20 points. Read and analyze each question carefully so that when you understand, answer the questions correctly. 1. Demonstrate how identify the scope, sectors and responsibilities of the industry 2. Write legislation, regulations and codes of practice 3. List at least 5 main sectors of financial service industry Explain how participate in and facilitate work team activities 5 | P a g e

2009 exam of mekonnen

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