KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
The following information relates to Oie Traders as at 30th June 2007:Calculate capital for Ole Traders as at 30 June 2007:
Shs.
Machinery 200,000 Furniture 100,000 Premises 400,000 Debtors 160,000 Cash in hand 10,000 Bank overdraft 100,000 Creditors 40,000
0 Comments
The figure below shows a decrease in demand for a commodity from DD to D1D1.State four possible causes that have led to this situation.
State four possible causes that have led to this situation.
The economy of a country X has grown at the rate of 10% per annum for the last two years. However, the standard of living among the citizens has not changed. Outline four reasons that may have contributed to this trend.
Outline four factors that an entrepreneur should consider before setting up a manufacturing business.
Factors that an entrepreneur should consider before setting up a manufacturing business.
On 31 December 2005, Kiwa had accrued expenses of Sh.24,000. On 31st December,2006, the accrued expenses were Sh.30O00. In 2006 expenses paid for amounted to Sh. 85,000. Determine the expenses for the year 2006.State the type of ledger account to which each of the following accounts relates: (4 marks)13/12/2020 State the type of ledger account to which each of the following accounts relates:
(i) Nominal.
(ii) Nominal. (iii) Creditors/purchases ledger. (iv) Real/general ledger. Outline the meaning of the following terms as used in accounting:(a) Contra entry ,(b) Cash discount13/12/2020 Outline the meaning of the following terms as used in accounting: (a) Contra entry , (b) Cash discount
(a) Contra entry:- This is a transaction affecting both sides of a two/three column cash book simultaneously. It is indicated by letter ‘C'.
(b) Cash discount:- This is a reduction/allowance given to a buyer by the setter for making prompt payment. The diagram below shows total cost curve of a firm in the short-run.Calculate the average variable cost of the firm.
.Calculate the average variable cost of the firm.
Explain five features that you would consider in establishing a warehouse for imported goods.
Features that you would consider in establishing a warehouse for imported goods.
Draw a diagram to show how equilibrium price and output are determined under- monopoly. (10mks)12/12/2020 Draw a diagram to show how equilibrium price and output are determined under- monopoly.
Determine determination of equilibrium price and output under monopoly.
Explain five strategies that a small – scale firm could adopt to expand so as to enjoy economies of scale.
Strategies that a small – scale firm could adopt to expand so as to enjoy economies of scale.
Explain five factors that could affect the quantities of cabbages supplied in a market. (10mks)12/12/2020 Explain five factors that could affect the quantities of cabbages supplied in a market.
Factors that could affect the quantities of cabbages supplied in a market.
Features that are common to underdeveloped countries
Features of under development include:
On 1 January 2006, Mzalendo Traders sh.180000 in cash and sh.170000 at bank.During the month, the following transactions took place:
2006
January 10 paid ABM Traders sh.25, 000 by cheque less sh.1000 Cash discount. 16 Sold goods for sh. 14,000 cash, less 5% discount 31 Banked all the cash except sh.5200 Enter the above transactions in cash book extract given below and balance it off.(5mks) The following diagram represents equilibrium position of a firm under perfect competition.11/12/2020 The following diagram represents equilibrium position of a firm under perfect competition.
Label the parts represented by the letters a,b,c, and d
Outline four negative effects of an ageing population to an economy.
Outline four negative effects of an ageing population to an economy. (4mks)
The diagram below shows the current demand for petrol. What is the effect of a fall in the price of cars on demand for petrol? Draw a new demand curve on the diagram above to show the effect of a fall in price or cars.
What is the effect of a fall in the price of cars on demand for petrol?
Draw a new demand curve on the diagram above to show the effect of a fall in price or cars. Explain five methods of determining the price of a product other than price control. (10 marks)11/12/2020 Methods of determining the price of a product other than price control
Five methods of determining the price of a product other than price control:
State four types of complaints that a consumer organization may receive from consumers. (4 marks)11/12/2020 Types of complaints that a consumer organization may receive from consumers.
Characteristics of a monopolistic competitive market
Characteristics of a monopolistic competitive market.
The following information was extracted from the books of Mamboleo Traders in the month of September, 2014.
Required:
Prepare a two column cash book. (10 marks) Expected ResponseMusi Enterprises are considering to market their imported products direct to consumers.Outline five reasons that may be influencing them to make this decision.
Uses of National Income Statistics to a country
Uses of National income statistics to a country.
State four reasons that make it necessary for firms to maintain a healthy environment. (4 marks)10/12/2020 Reasons that make it necessary for firms to maintain a healthy environment
Reasons that make it necessary for firms to maintain a healthy environment include:
|
Categories
All
Archives
December 2024
|
We Would Love to Have You Visit Soon! |
Hours24 HR Service
|
Telephone0728 450425
|
|
8-4-4 materialsLevels
Subjects
|
cbc materialsE.C.D.E
Lower Primary
Upper Primary
Lower Secondary
Upper Secondary
|
teacher support
Other Blogs
|