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Course Code: COP 411
Credit Units: 2
Course Title: Consumer Cooperative
Time Allowed: 2 Hours
Instructions: 1. Attempt question number one (1) and any other two (2).
2. Question number 1 is compulsory and carries 30 marks while the other 2 questions carry 20 marks each.
3. Present all your points in coherent and orderly manner.
1.
a. The major goal of consumer cooperative is to supply its members with goods at a competitive price. Discuss the major consideration in determining a competitive price in a cooperative.
b. What is a consumer cooperative? Highlight 6 benefits of a consumer cooperative to its members?
2. Write short notes on the following:
a. Share capital
b. Reserves
c. Revolving funds
d. Trading credit
3.
a. Highlight 6 policy considerations for a cooperative that decides to extend credits:
b. Differentiate between the following:
i. Revenue and capital budget
ii. Balance sheet and profit and loss account
iii. Financial and method audit
4. Write short notes on the following:
a. Cooperative bye laws
b. Character and Purpose of cooperatives
c. Effective auditing
5. a. What is cooperative bye laws?
b. What are the duties and privileges of cooperatives
c. Discuss the characters and purpose of audit
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You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
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