KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
Outline four circumstances which face to face communication may be ineffective
Circumstances under which face to face communication may be ineffective.
1 Comment
In the spaces provided below. indicate whether the following factors cause movement along the demand curve or a shift of the demand curve. (3 marks)
Expected Response
Indicating whether factors cause movement along the demand curve or a shift of the demand curve:
Outline four factors that should be considered in the choice of a means of transporting perishable goods
Factors to consider in the choice of a means for transporting perishable goods
Explain the meaning of the following terms: (4 marks)
(a) Insured . (h) Insurance . Meaning of insured and Insurance
(a) Insured:
Is an individual or business unit that signs an insurance contract to be covered against a risk of loss and can therefore be compensated in the event of the loss occurring. (b) Insurance: Is an arrangement (contract) in which the insured pays premiums to the insurer so as to be compensated in case of loss occurring as a result of an insured risk. Types of information that a manager may communicate to the juniors
Types of information that a manager may pass to the juniors include:
A lucrative manufacturing firm been constantly releasing toxic wastes into the neighborhood. Outline four measures you can take to stop the firm from such malpractice
Measures to stop emission of toxic wastes into neighborhood include:
Outline four benefits that may accrue to a business from a country’s political stability14/12/2020 Outline four benefits that may accrue to a business from a country’s political stability
Benefits that may accrue from political stability include:
State four items that usually appear the credit side of the current account of a country
Items that may appear on the credit side of the current account of a country
A trader has decided to take a loan to expand a manufacturing business. Give two reasons why it is beneficial to borrow from a non- bank financial institution.
Reasons why it is beneficial to borrow from non-bank financial institutions
Indicate the type of journal in which each of the following transaction would be recorded14/12/2020 Indicate the type of journal in which each of the following transaction would be recorded
Type of journals referred to are:
The following balances were extracted from the books of Saku traders on 31 March 2008,Determine the net worth of the business as at 31st March 2008
Write the type of demand represented by each of the following statements
Write the type of demand represented by each of the following statements
(i) Demand for a commodity causes an increase in demand for another Commodity (ii) Demand for one commodity calls for demand of another commodity The type of demand represented by statements are:
Amboseli Enterprises has been spending heavy on promotion for its products though its sales have consistently declined. Outline four measures that the company take to reverse the trend
Measurers that may be taken to reserve declining sales include
Outline four ways in which commercial attaches may promote trade between their country and other countries
Commercial attaches promote trade in the following ways:
State factors that may affect the geographical mobility of labour
Factors that may affect the geographical mobility of labour include:
The following balances were extracted from books of Simba Traders for the year ended 31 December 2006,
Additional information
(i) Motor vehicle is depreciated by Sh187 500 while furniture is to be depreciated by Sh16 050 per year. (ii) Interest on loan is charged at 18% per year. This interest was still owing on 31 December 2006. (iii) Rent unpaid on 31 December 2O06 was Sh 2400 Prepare (a) Profit and loss account for the year ended 31 December 2006 (b) Balance sheet as at 31 December 2006.(12 marks) Explain four circumstances in which a trader may offer after sales service to the buyer. (8 marks)13/12/2020 Explain four circumstances in which a trader may offer after sales service to the buyer.
Circumstances in which a trader may offer after sales service to the buyer.
Explain six circumstances under which a country may restrict international trade. (12 marks)13/12/2020 Explain six circumstances under which a country may restrict international trade.
Circumstances under which a country may restrict international trade.
Describe four measures that the Government may put in place to reduce the amount of money in circulation.
Measures that the Government may put in place to reduce the amount of money in circulation.
Memon Traders does not keep a complete set of accounting records. The following information relates to the year ended 31 December 2006.
Additional information
Included in credit sales are drawings of stock ra1ued at Sh 25 000. For the year ended 31 December 2006, determine the following: (i) Total sales (ii) Total purchases (iii) Commission receivable (iv) Insurance expense (v) General expenses (10 marks) Explain five circumstances that would influence a producer to use wholesalers in distributing farm produce.
Explain five reasons why an effective filing system is important in an office, (10 marks)13/12/2020 Explain five reasons why an effective filing system is important in an office,
Explain five ways in which effective management practices may contribute to the success of a business.
Ways in which effective management practices may contribute to the success of a business.
On 1 September 2006, Igonji had Sh55 000 in hand and Sh 250 000 at bank.During the month, the following transactions took place:
Explain five challenges that may be experienced by a country whose population is made up of large proportion of young people.
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