KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
Explain five ways in which the government of Kenya may reduce the level of unemployment
Ways in which the government of Kenya may reduce the level of unemployment
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The diagram below shows an oligopolist kinked demand curve DD and current price and quantity at P and Q respectively.
(i) Name the curve represented by the gap WZ
(ii) State Why the curve WZ is vertical to price axis (iii) Advice when the oligopolist can raise and lower the price of the commodity
Expected Responses
The trial balance of Zakayo Traders as at June 2008 is given below
During the month, the following transactions took place
2008
Expected Response
Explain five demerits that may be associated with water transport
Demerits that may be associated with water transport
Explain five measures that the government may take to improve the volume of exports ( 10 mks)14/12/2020 Explain five measures that the government may take to improve the volume of exports
Measures that the government may take to improve the volume of exports
Explain five features of sole proprietorship form of business
Features of sole proprietorship form of business
KAMAT owned a motor vehicle valued at Kshs 1,000,000. He comprehensively insured the car at Kshs 800,000. The motor vehicle was involved and declared a write off. Calculate the amount KAMAT should get from the insurer.
KAMAT owned a motor vehicle valued at Kshs 1,000,000. He comprehensively insured the car at Kshs 800,000. The motor vehicle was involved and declared a write off. Calculate the amount KAMAT should get from the insurer.
Outline four benefits that accrue to the government as a result of privatization of public enterprises
Benefits of privatization of public corporations
Highlight four factors that must be considered before incurring public expenditure
Factors before incurring public expenditure
The following information relates to Maji Mazuri Traders as 31. 12. 2008
(i) Rate of return on capital employed (ii) Current ratio Highlight four circumstances under which business enterprises may choose to merge
Circumstances under which business enterprises may choose to merge:
Kazim maintains a petty cashbook on a weekly interest of Kshs 13,000 on 1st April 2007 the cash balance was Kshs 2,570, During the week of April, the following transactions took place
2007
The graph below the rate of population growth of a given country,Outline four factors that may have contribute to the trend between s and t
Outline four factors that may have contribute to the trend between s and t
Factors that may have contributed to the trend between S and T include:
Outline four reasons why hypermarkets are becoming increasingly popular in Kenya
Reasons for popularity of hypermarkets in Kenya include:
Outline four functions of the International Bank for Reconstruction and Development. (4 marks)14/12/2020 Functions of the International Bank for Reconstruction and Development
Functions of the International Bank of Reconstruction and Development include:
Outline four circumstances that would make an office manager to replace an existing machine with modern one
Circumstances which would make an office manager to replace an existing machine with a modern one include:
The bookkeeper of trade Traders extracted the following information from the accounting records.During the year ended 31.12.2007, suppliers were paid Kshs 1,500, 000 while cash purchases amounted to Kshs 800,000
During the year ended 31.12.2007, suppliers were paid Kshs 1,500, 000 while cash purchases amounted to Kshs 800,000
Determine the purchases for the year (5 mks) The following is a format of the debit side of a three-column cash-book: Name the columns labelled V, W, X and Y. (4 marks) Expected ResponseOutline four reasons why an increase in per capital income may not necessarily lead to a rise in the standard of living of the citizens
Reasons why an increase in per capita income may not lead to a rise in standard of living include:
Mheshimiwa Ltd. had the following ledger account balances as at 31st May 2010: Required: Prepare Mheshimiwa’s trial balance as at 31st May 2010. (5 marks) Expected ResponseThe following diagram represents the circular flow of income in a two sector closed economy.14/12/2020 The following diagram represents the circular flow of income in a two sector closed economy. Identify two factors represented by each of the arrows labelled a and b. (4 marks) Expected ResponseFactors represented by the arrows labelled a and b are:
Country X has been experiencing an upward trend in the price of petrol as a result of a rise in inflation. State four steps that can be taken to minimize expenditure on this product.
Steps that can be taken to minimize expenditure on petrol include:
Roles played by the broker in the chain of distribution
​Roles played by the broker in the chain of distribution include:
Related Business Studies Quiz and Answers on Chain of Distribution Form 3 LevelHighlight four benefits that would accrue to a firm located near other existing firms
Benefits that accrue to a firm located near existing firms:
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