efr?A .

L\rrr |4 2o\ o
tl..liich oi- the rbli,
t"n be useci ic
lneasure ,t,u ,i." ..ril tl,];*r l'irm.s bccorne nru lrislslion6i
F,.LA lirlj,i. i,r

I. ivlarliet share (A) prc..,icieernplo.irneni

Capiralernployed (il) obainner,.,iechnolosv
l-ill- Number ofemployees f) .
iulfit.socialrcsponsiUitiry
I\i Tl.clrnologyemptol,ed (D) avordprorccrionistpoligies
I

W I. il and IiI only !-- tio.aJnrion

i
I
i!) I. UI and rV only lTg" n:a1,bc BEST ctescribea I

{9) Ii,Iii antl IV onry

(D)
as thc
I

l- tl,III arrrt lV
removal of rrade barriers
!:\l :

tiee rnovgrngsi. of capiral

\\/]rich oi'rhe foilotl,ing
ttl
u;:ae shicted moi,emen.r
is NOT a decisioir_ !_Cl
(D) or"goods
making iool? inde;ende,rce of ,..aing
p;;n.rs
(Al Decisioo'lrees
(B) Quaniirative Dab
A. public limited conrpany
may decidc ro ."s
CosrBenelirA,ratysis pnvate' in oider to
t9)
Ci-iricalparh,,\nalysis
.(D) r-egaiu conri_ol of {he
] business
elirrurrare the rhrear of Lakeover
ll
Techuolog!cal obsolescence ysfg15 lII. avoiri costs associal.cd r,..iih
rhestocl<
1e
technology b:ing exchanqe
IV. raisc addilrronal finance to
purchase
(A) outdared nervequipment
{B) c;:pcnsive
(C) ine-sicienr (r\) I, I and IIi only
(D) inappropiare Gf) I, I-r and W onlv
(C) i, IIiancj t't oniv
(D) II, tli anclrv'oaiy
A & E iv.lanagemcni Consullanrs
are in rhe
business orrrecmiiing rvorkers
for overscas E.
erlplolyrnent. Thc Qn-Cola sofr rJiinl< compani,
has been
aL.lc r.o finance
ncrvproduci clcvcioJrntcnl.
l:t
Under rvhich of .rhe u,'hjcb of ttre follor..,ing
follorving types of depanrnenis hus rhe
business activif.,, r,;ilI A compal)y most likely bclcfitccl
& a f"f rr.rog.rn"nr frorn
ConsulLari rs 6peratiors economies ofscalc?
beclassi fi edi

(A) Secondary (A) Financc

(B,l Priroary fB) tviark:ting
(C) Teitiary (C) Purchasiag
(D) llurnair resource (D) P,esearchandDcvcloprnenr

cO Cli TO Ti-tE NEXT pr\GC

'I

I
?o\ o ,nno \3
Vhic!,. oiilie lollowir.:g is i.lCT a crirerion
:-)- Bh-F Fashir-rris i-iC. rtishes
ris€C to li)essuic i.he size anrl gror.vil-, ro incri.l.re
brrsiness?
oi a srles ijnci irrail<eI share. Ir cecides iis
to
uncrertake a new mafkeiing
ca,_npaigr. The
decisicn ree belon, shor..,s
iAj Labcur f,oice the trro-,lr;;.-,
(3t Capiial ta-v-oui
availab!e ro the ccinpany.
(C) fuiarkei shares
(D) Capital surctuie
.
!.r,- Wirich ofthe foliou.ing aie LiKELybenel.irs
oiglot'elizatioi) io thc ho.st counlry?

increaseci empl6yment
,:
_rl
I I.
lt-nprovemenis i,r balance of trade
irnprovemen^s in balance orlpayrnent
Ly- increase in consumers, cirtices
of What is the probabilii_v of
gccds success for
Campaign B?
(A) I and II only
{B) I aad iII only (A) o.I
(C). II,IIi andIV only (B) 0.2

iD) l. iI,lil aaC IV (c) 0.4

(D) 0.6

-..,-tt'
i+trich'f,f the iollorving is NOT
oiglobajization ro L-arif,bean
a challenee
-"-""- i4. ^r\s a decision_malting rool, Critical parh
fi;t Alalysis is N,IOSTuseful rvhen
(.4-) v\ridcr marlcet acccss
e) lncreasedcorapedtion
(A) iliere is oniy one activiry..
Rem^ovalofprorecrionisrpolicies . (B) schsduling and controlljng large,
'(:lj
\!) Lonlonruty tO intemational standards
proiccLs
(C) p;ojcci aciivj.ries are not clearly
defined
'.
!. The iniroc'ucrion ol.the CSI,IE (D) schcduiing and conrrolling sme.l!
has providec.
nunleiolr-s opportunitics projecrs
to caribbean
ierntoiies including

r5- St. ].iolos, a Car-ibbcan IsJancl,

j repaynrenrofforeign dcbr has bcen
IL experiencing a r.lecline in GDp for tlte pasi
rernoval oftrade barriers ir_s

Iil. six monrhs. llorv

free rnovement oflabour ';.ould this econoli-
l\''. siuation afltci local producers?
Aec movcmeni ol.capira!

(r\) (A) Retluce cicrnand for workers i

I and Il only
(B) increascourpurofgooCsandseryices i
I anciIII onty ltl
((.)
(C) ll ar:d III only Uxtend prodrrct range for cicsigner
.t
(D) Il, lll and iV,1611, ProducS
(D)' Inrprovg relations betrveen
ctnDlc,rrs!-5 3 n4 emplOyces
 2A in rvhich oirlre foi lort,iile tlreories rvorrld
Job. 1-r Wliich of the iollorving is irtOT
eiu-'chmen i' a Lran ier ic
be classifiecl? eltici i';e. comm,-rnicaticlr?
(i\) llerzberg s hygiene factors (i\) N{essagebadlyseniouiciambisuc,us
(B) lvlaslo,rr'slorver-orderneeds
(C) G) .The use of a pocr clrannll ci
Heizberg's mocivator faciors . com-nunisatiorr
(D) F.W. Taylor's 'economic man'thcory
(C) The allowance for ieerlbaclc in thc
communication Drocess
(D) 'fhe use of tcchnical jargon
I t. A shop that
ster.vssd is an official member of cannot be understoo,j lry ttre
.rcceiver
(A) a trade ruion .
(B) acredirunion
(C) au.ro1t6s15'..w.11 22. Rose't"lecomrnunications Services has
CD) an ernploi,ers' essccjation
deliberatlly iinplcmented a change iaitiativa
and accepted thar change is necessary for
. survival in the rnarket place. 'iiorv q,ould rhis
18. \\tren employees are altorved to develop and response be interpreted?
carry outplans with high levels ofeffori, they
are applying Fayol's principle of (.{) Rislcr
(B) Proactive
(A) iniiiative (C) Reactive
(E) aurbority (D) Spontaneous
(C) dirciptine
(D) uniryofdiscipline
LJ. Which or' rhe foliorvi ng rypes oi
commtmication is illust-ate<l b;., the gapev$sl
i9. Which ofthe following organizahonal <iesigns
has a multiple coirxnand structure?
(A) -l-aieral
(B) Formal
(A) Tearn (9 Dagonal
(B) tvfaeix (D) informal
(C) Product
CD) l-uncrional
24. W}ich ofi4aslorv's hierarchlu of neecls..vquld
an organization be saris$i,rg if it provides its
20. Which of the follo.wing schools of rvorJcers q,ith peosion plans?
management theories promoics a bureaucradc
managernent approach?
.
(A) Social
(B) .Secu_.iry
(A) Sysrems (c) Self-estcenr
(B) Classical (D) Physiologicat
(C) Behavioural
(D) Coatingency

GC ON't.O']'H3 NEXT PACE

 -5-
wliicli concept ci iile sysieirs approach
classiiles an orgaiiizaiio;r
*l ofice varts cire locai buildii,g socleiics
iteaC
a-c a sysiem rviibiii i.L1cltange lxo,tgage intetest rates_ ,,vtiich
ailother svstern?
rJre ibiiou.ing ccnrn.lunication
+i
n*.,*o,Ls..,.,o-.,1d.
be MOST suiable for sending this ryne
(A) S]-'nerg;' of
(B) message?
Sub-sysr.em
(C) Open qsrem
(D) Closed systenr
(A) Repon
(B) Telephone
(C) Notice boe rd
1S When nranagemeitt attempis io
(D) ivllmorandum
increase the
scope of a job by broadenirrg
cr deepeniug
uncigaken by a rvorker, rhis can bJ
1r311k. 30. David Brown, a small restauranr oparator,
;i:: i desciibed as
iieeds an experienced ciief. iievirtjpiaceci
an advertisenreor in the loca.l
(A) jobrokrtion neruspaicr, the
company sent out application fonns.
(B) jobanalysis
(C) job enlargement
(D) \'Vhich or" the follorving !s rhe
jobenhancemenr MOST
appropriate selection procedure rhat
lvlr
Brorvn should follow?
77. Wtren authoriry is assigned to someone
in
lbrihem ioinake decisions, fils can be
olcie r
(A) Application forms. interwjew,, skill
tesiing-selection,appoinhent
BEST classifiecl as -
iB) .A.pplication forms, slcill resring,
(A) prornorion
interview, selecdon, appointureni
(B) controlling
(C) Skill resting, application forrns. ,

(C) inlervierv, seleciion, appointrnenr

(D)
orgaaizjng (.D) lnrerviev.r, apolicarion iorms, skill
empowem.rent
tes iing, selection, appointmen r

?+ f'he 'system approach' applies BEST

rnanagerncnt because it
ro 3i. WTrjch oithe follow-ing is an e;1'mple of ciebr ,
fiuranciag for a compan54
(A) encourages all rhe othcr.theories t
of {,t) Stock issue
maltagement
(B) places emphasis on tlie classic-al
(B) Dcbt factoring
(C) Debenilrrc issue
approach
(C) sees mal)agement as a conrinuous
(D) Retained eamings
:
flor,., betrveen fuuctions or
departmen$
(D) 32. A debeuture.ls BEST <Iefined as a
e mphasises the hurnanistic appr.oach

(,\) bank loan wirh tjxed interest rate

(B) long-temr loan rvith fi.xed irrterest rate
(C) long+erm loarr witha valiable irrter.est
1
rate
(D) short-terrn loan rvirh pdpgipal paid ai
r
rrraturity daie

L-:O ONTO THE NEXTPAGE

33. V.,'hiuh or-rile lbllo'.,.rtng rned.roCs oiinr.estrr.reni
-"t. Prc'jitable furns nrev her.e u=s!i iic-,.v ;1ii-:il::.1::.
apprai_sal rr-ses prrrfii in iis calculation? because

iA) Pa_vback period (A) cliscounrs arc gir,:n for prornprr

(B) Nei present r'3!LrE payncnr-
(C) Inrei-nal rare of rerunr (B) payments ro rrade'su.cpii=is are
(D) Average rate of retu.-n dela;'ed
(C) ouistauding accounrs ieceivables are
tcohigh
J.i . \Vlrich of the ttliowing are iniernal sources (D) shareholders demancl proposEd
offinance for a busine-ss? dividends

L lssuingsharcs
II. Ba:,k o.,,erd::fi 3.1. Tbe acconirts for the llet: L.ine. Crrrpera.iicn
iII. Retainedprofits areprepared on tbe basis-ihat [he busiiless is
IV- S:rleandleaseback operating and is not likely to close dor.rn oi-
go into liquidation in the near fuhrre. This
(A) I and III only action reflects the accounting coDcepi cf
(Bj I and fV ont;r
(C) III and IV onty (.{) doubleentry
(D) I. III and IV only (B) goingconcem
(C) accruals on assets
(D) consolidatingacco'dnrine
35. I he tbree IVL{Iiri componenrs of a cash 0o,.r,
statement are
39. Edu,ard Jones decided io starr a sole
(A) issuing shares, invcsting activiries, pop;ietorsbip in autonrobile repairs In onjcr:
fimdsflorv to be competitive he will irave to invcst in ''h.:
(B) issuing shares, financing ac,tirities. most current technology. Which of the
- invcstlng activiiies follorviog is the IvIOST appropriate source oi=
(C) issuing shares, funds florv, financing finance for i\tlr Jones?
(D) operating activities, investing
actir.it ies, furancins acrM ries (A) Banliloan
(B) Shareissue
(C) Debeniurei
36. Working capital is oflen described as t]:e .iife- (D) Retained earnings
blooci ofa business'. lVhjch ofthe follorving
options BEST describes proper managenteoi
of vrorking capital? .10. \{4rich oIthc follorving accbunting concepts
include-s unPaid bills in the profit and loss
(r\) Increased stock level account?
(B) Impror,ed cash florv forecasts
(C) Increased credit to purchasers (A) A-ccrual
(D) irnproved research and developmcnt (B) Prudence
(C) Doubleenhy
(D) Goingconcenr

GC ON'fO THE NE-XT i);\GE

 .:.!. 'l'irs t-,rllqwi11g !S an e :.:it'lCt fierr.'ihe bcOl.:s af
lioci; Sreci Co,t:1ir:ri. is a snleii pii"-aLe
conrp3ny irying iu sculcc lon:E-tcrili iu.-15 \;ibe:- i.,aci I iL\lr'i'cu!-s.
in\./esinenr funds to iinance operatiol'rs.
tVhich oi the follorving r"'ould be the BEST 9}iTiLACT
(000i
source of funding?
Curen( Assets 540
(;\) Share issue Fi;<ed Asses s60
(B) Orvner ltnance Currcnt Liabilities
(C) \enrur'e capi-.al sl0
(Dl Banlt overciraft SIO

4?.. Tyrco Intemationat, a Public Limited Compatly'- The curreni ratio of Carib Vibes Vacation
i n i e ii J s io e xr,and i nio' rrrarheis'ti' i i,Lr i n
i-re-i't Tours is
the ncxt sx monrhs. The\4OSTlikely source
of funds For expansion 'r"ould bc (A) _0.5
(B) l.o
(-o') sale ofasscts (c) 2.0
(B) sale of shares (D) 5.0
(C) banl':overdraft
fl)) issuing debentures
.!5 . The iollor';ing iniormation s'as teiien liom ihe
Ltook-s of Sam Pcter's Business'
1i TIrc iollorving tablc is an e;itract from the
lr
books of XJ's Ltd.
l' Jarruar.v
Sroct at l" 3 000
rI ... ,l i00
Sales s9 000 I wag,es

i-)penio3 Stock s3 200 I Purchases l0 000

I
iiO
s2 400
i Pot,og.
I Closing Stock
Closing Stock 2 i00
Purchascs' e< Knn
\Vhai is the iotal cost ofgoods sold?

The gross proiiiratio rs {.{) s 9 0oo

(B) S 9 3oo
(A) 29% (c) s I0 600
(B) i6% (D) slo 700
(c) 62%
(Dr !11'q

iFYSU FU-.{ISF]BEFORETITyiEISCALLED,CFIECZ<YCUR.v/OR.I/'OiiTI{IST'ES.I..