KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
PQ Ltd had the following balances as at 31st December 2012.
Prepare PQ’s Trading Account for the year ended 31st December, 2012. (5 marks)
Expected Response
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Name the types of warehouses associated with each of the statements given below:
Types of warehouses referred to are:
Give five reasons why the government may find it necessary to start a parastatal.
Reasons why the government may find it necessary to start a parastatal include:
Positive implications of a youthful population to an economy
Positive implications of a youthful population to an economy include:
The following information relates to Kiboko Traders as at 31st December 2010.
Calculate Kiboko’s initial capital. (3 marks)
Expected ResponseIn the spaces provided below, indicate the type of utility created by each of the following commercial activities:
Type of utility created in each case is:
Merits of promoting products through personal selling
Merits of promoting products through personal selling include:
Reasons for which businesses should observe ethical practices
Reasons for which businesses should observe ethical practices include:
Factors in the internal environment that may influence the business
Factors in the internal environment that may influence the operations of a matatu business include:
Characteristics of Under-Developed Countries/Nations
Characteristics of underdevelopment that are common among countries in Africa, Latin America and Asia include:
Levels of inflation are:
The following transactions relate to Jelimo Stores:
Expected ResponseDisadvantages of barter trade
Disadvantages of barter trade include:
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 Response |
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