KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
Explain five benefits that could accrue to a customer who buys goods from a departmental store.
Benefits that could accrue to a customer who buys goods from a departmental store.
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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.
Explain five ways is which the Agriculture Finance Corporation(AFC),contribute to economic development in Kenya
Ways is which the Agriculture Finance Corporation(AFC) contribute to economic development in Kenya
Karani does not keep a complete set of accounting records.During the year ended 30 June 2006, the following balances were extracted from the books of accounts.
Additional information:
Karani drew sh. 140,000 from the business for private use. Opening capital was sh.2000 000 as at 1 July 2005 Additional capital during the year was sh.120,000. i) Prepare statement of affairs for the year ended 30 june 2006 ii) Determine profit or loss for the year ended 30 june 2006 Explain six sources of government revenue for development expenditure.
Sources of government revenue for development expenditure.
Features that are common to underdeveloped countries
Features of under development include:
Benefits which may accrue to Kenya by being a member of the African Development Bank (AFDB)
Benefits that Kenya may enjoy by being a member of the African Development Bank (ADB/AFDB) include:
Advantages of government involvement in business
Advantages of government involvement in business include:
Trends in office management
Trends in office management:
Explain four advantages of transaction business through e-commerce.
Advantages of transaction business through e-commerce.
Explain six reasons why a new business may fail
The following trail balance relates to Chui Traders as at 31st December, 2014.
Required
Prepare Trading, Profit and Loss Account. (10 marks) Expected ResponseCharacteristics 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 ResponseWays in which the consumer may benefit from warehousing
Ways in which the consumer may benefit from warehousing.
Discuss five principles that would lead to effective use of government resources. (10 marks)11/12/2020 Principles that would lead to effective use of government resources
Principles that would lead to effective use of government resources:
Cheru Traders does not keep a complete set of books of accounts. The following information was extracted from her books of accounts.
During the year, cash received from debtors was sh. 1,400,000 while cash paid to creditors amounted to sh. 2,000,000. Cash sales were for Sh. 250,000 while cash purchases amounted to sh. 320,000. Carriage inwards was for sh. 46,000.
Other relevant information. - Returns inwards were Sh. 42,000. - Cheru had taken goods amounting to sh. 50,000 for personal use. i) Determine total sales. ii) Determine total purchases. iii) Prepare Trading Account for the period ended 31 December 2005. Explain four functions of money.
Outline five factors that may limit the use of containers as a method of transporting goods in a developing country.
Explain five disadvantages that a country may experience from imposing trade restrictions on trading partners.
Vertical Divider
Musi Enterprises are considering to market their imported products direct to consumers.Outline five reasons that may be influencing them to make this decision.
Benefits that a Savings and Credit Co-operative society (SACCO) provides to its members.
Uses of National Income Statistics to a country
Uses of National income statistics to a country.
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