Hbc2301:Money And Banking Question Paper
Hbc2301:Money And Banking
Course:Bachelor Of Commerce
Institution: Meru University Of Science And Technology question papers
Exam Year:2011
QUESTION ONE (30 MARKS)
a) Explain policy making as a key part of strategic planning in an organization. (5 Marks) b) Highlight the major factors influencing salary and wage administration. (10 Marks) c) Briefly explain the benefits of human resource manual. (5 Marks) d) Analyse any five of the key aspects of human resource manual. (10 Marks)
QUESTION TWO (20 MARKS)
a) Describe the type of personnel records needed in a typical organization. (10 Marks) b) Under the provision of Data Protection Act 1998, there are various Data Protection principles. Identify and briefly describe at least five of them. (10 Marks)
QUESTION THREE (20 MARKS)
Discuss the role of management information system in payroll deductions and indicate the importance of a good record management system. (20 Marks)
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QUESTION FOUR (20 MARKS)
Discuss the advantages and major drawbacks of decentralization and centralization of records. (20 Marks)
QUESTION FIVE (20 MARKS)
a) Briefly describe direct and indirect discrimination. (2 Marks) b) i) Identify the principal purposes of a payment policy in an organization. (8 Marks) ii) Analyse the reasons why organizations make it a practice to pay wages and salaries. (10 Marks)
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