Here are the answers to the questions:
A. Give two functions of each of the following departments;
i) Personnel Department:
- Recruitment and selection of employees.
- Training and development of staff.
ii) Purchasing Department:
- Sourcing and selecting suppliers for goods and services.
- Negotiating prices and terms with suppliers.
C. List three personal qualities of an office staff.
- Punctuality
- Good communication skills
- Attention to detail
6. A. List three functions of each of the following office equipment;
i) Accounting machine:
- Recording financial transactions.
- Preparing financial statements like ledgers and trial balances.
- Calculating payroll.
ii) Addressing machine:
- Printing addresses on envelopes, labels, or documents.
- Automating the preparation of mail for bulk distribution.
- Maintaining and updating mailing lists.
iii) Calculating machine:
- Performing basic arithmetic operations (addition, subtraction, multiplication, division).
- Calculating percentages and other simple mathematical functions.
- Assisting in quick numerical computations for data entry or verification.
B. From the information below prepare a profit and loss account of Joel Enterprises for the year ended 31/12/2022.
JoelEnterprisesProfitandLossAccountFortheyearended31/12/2022ParticularsGrossProfitAddOtherIncome:DiscountreceivedTotalIncomeLessExpenses:DiscountallowedRentWagesandsalariesRatesTotalExpensesNetProfitLe3004001,200400Le10,00020010,2002,3007,900
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