KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
Benefits of national income statistics to the government
Benefits of national income statistics to the government include:
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Outline four measures that may be taken by the government to curb unemployment. (4 marks)21/11/2020 Measures that may be taken by the government to curb unemployment
Measures that may be taken by the government to curb unemployment include:
Measures that may be taken by the government to control inflation
Measures that may be taken by the government to control inflation include:
Expected Response
(a) Credit note
(b) Circumstances under which the document is used include:
Duties of the office clerk
Duties of the office clerk include:
Ways in which peace within a country may encourage entrepreneurial development
​Ways in which peace within a country may encourage entrepreneurial development include:
Related 'Entrepreneurship' ResourcesFeatures of labour as a factor of production
​Features of labour as a factor of production include:
Related 'Satisfaction of Human Wants' Resources Form 1 LevelAnswerServices that are offered by wholesalers to retailers:
AnswersOther means of transporting goods and people on land apart from trains and motor vehicles are:
AnswerBenefits of a bonded warehouse to the importer include:
Determine the excess demand or excess supply from the combined demand and supply schedules of oranges given belowAnswerAnswerFactors that may ¡influence an individuals’ demand for money in order to fulfill the transaction motive Include:
AnswerContributions of entrepreneurs to the growth of an economy include:
AnswerCharacteristics of a good tax system include:
AnswerLevels production ¡n which the workers belong are:
The following information was extracted from the books of Jabalà Traders on 31 December2015.31/5/2020 (a)Determine net purchaseAnswer Determining net purchases: Purchases 84,375 Add: Carriage in 9,170 =93545 Less: returns out 15,520 Net purchases = 78025 (b)State two reasons for preparing the trading account Reasons for preparing the trading account include:
AnswerFactors which may lead to an increase in a country’s national income include:
Features of co-operative societiesAnswer
AnswerRelevant books of original entry into which information extracted from the source documents would be recorded are:
AnswerFactors that Chemichemi dairies would consider before selecting a channel to distribute their fresh milk include:
AnswerFunctions of the Department of external trade in the ministry of Industry, Trade and Co-operatives include:
Answersmall scale retail business that one can run without a shop include:
AnswerFeatures that may indicate a country’s state of underdevelopment include:
AnswerMerits of using sales people to promote the sales of a particular product include:
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