Forms of Business Organisations · CAPE Accounting Unit 1

25 past-paper questions on Forms of Business Organisations, part of Module 2: Preparation of Financial Statements, from every CAPE Accounting Unit 1 paper on Quelpr.

1. 2(v)4 marks· CAPE Accounting Unit 1 · 2006 · Paper 2Briefly discuss TWO advantages and TWO disadvantages that would accrue to B & R Distributors if they changed from a partnership to a public company.
2. 2(a)5 marks· CAPE Accounting Unit 1 · 2007 · Paper 2Briefly outline TWO similarities and THREE differences between a public company and a private company.
3. 2(b)(i)2 marks· CAPE Accounting Unit 1 · 2010 · Paper 2Define the term 'Public company'.
4. 2(b)(ii)1.5 marks· CAPE Accounting Unit 1 · 2010 · Paper 2Define the term 'Statutory company'.
5. 2(b)(iii)1.5 marks· CAPE Accounting Unit 1 · 2010 · Paper 2Define the term 'Private company'.
6. 2(b)4 marks· CAPE Accounting Unit 1 · 2011 · Paper 2Identify ONE benefit that will arise when operating a business under EACH type of entity: Proprietorship, Partnership, Company / Corporation, Non-Governmental Organizations (NGOs).
7. 2(a)5 marks· CAPE Accounting Unit 1 · 2012 · Paper 2Copy and complete Table 2 by putting a tick (✓) to indicate whether each characteristic applies to a Corporation or Partnership.
8. 2(d)(i)2 marks· CAPE Accounting Unit 1 · 2014 · Paper 2Distinguish between corporations and partnerships in terms of owners' liability for debts of the business.
9. 2(d)(ii)2 marks· CAPE Accounting Unit 1 · 2014 · Paper 2Distinguish between corporations and partnerships in terms of transferability of ownership interest.
10. 2(d)(iii)2 marks· CAPE Accounting Unit 1 · 2014 · Paper 2Distinguish between corporations and partnerships in terms of continuity of existence.
11. 2(b)(i)2 marks· CAPE Accounting Unit 1 · 2015 · Paper 2Distinguish between 'corporations' and 'co-operatives' in terms of transferability of ownership interest.
12. 2(b)(ii)2 marks· CAPE Accounting Unit 1 · 2015 · Paper 2Distinguish between 'corporations' and 'co-operatives' in terms of voting rights.
13. 2(b)(iii)2 marks· CAPE Accounting Unit 1 · 2015 · Paper 2Distinguish between 'corporations' and 'co-operatives' in terms of purpose.
14. 2(b)(iv)2 marks· CAPE Accounting Unit 1 · 2015 · Paper 2Distinguish between 'corporations' and 'co-operatives' in terms of legislation.
15. 2(b)(iv)4 marks· CAPE Accounting Unit 1 · 2016 · Paper 2Identify FOUR benefits of operating as a co-operative.
16. 2(b)(v)3 marks· CAPE Accounting Unit 1 · 2016 · Paper 2State TWO advantages and ONE disadvantage of a sole proprietorship.
17. 2(b)(i)2 marks· CAPE Accounting Unit 1 · 2017 · Paper 2Distinguish between corporations and partnerships in terms of owners' liability for debts of the business.
18. 2(b)(ii)2 marks· CAPE Accounting Unit 1 · 2017 · Paper 2Distinguish between corporations and partnerships in terms of transferability of ownership interest.
19. 2(b)(iii)2 marks· CAPE Accounting Unit 1 · 2017 · Paper 2Distinguish between corporations and partnerships in terms of continuity of existence.
20. 2(a)6 marks· CAPE Accounting Unit 1 · 2018 · Paper 2Distinguish among the following types of companies: public, private, and statutory.
21. 1(b)8 marks· CAPE Accounting Unit 1 · 2019 · Paper 2Outline FOUR basic rights that are associated with the ownership of a share of common stock.
22. 2(b)8 marks· CAPE Accounting Unit 1 · 2019 · Paper 2Distinguish between 'corporations' and 'cooperatives'.
23. 2(a)(i)2 marks· CAPE Accounting Unit 1 · 2021 · Paper 2State TWO main characteristics of a Partnership that may be appropriate for Joe's new business.
24. 2(a)(ii)2 marks· CAPE Accounting Unit 1 · 2021 · Paper 2State TWO main characteristics of a Private company that may be appropriate for Joe's new business.
25. 2(a)(iii)2 marks· CAPE Accounting Unit 1 · 2021 · Paper 2State TWO main characteristics of a Public company that may be appropriate for Joe's new business.