KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
Highlight four factors that must be considered before incurring public expenditure
Factors before incurring public expenditure
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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 ResponseOutline four reasons why an increase in per capital income may not necessarily lead to a rise in the standard of living of the citizens
Reasons why an increase in per capita income may not lead to a rise in standard of living include:
Mheshimiwa Ltd. had the following ledger account balances as at 31st May 2010: Required: Prepare Mheshimiwa’s trial balance as at 31st May 2010. (5 marks) Expected ResponseThe following diagram represents the circular flow of income in a two sector closed economy.14/12/2020 The following diagram represents the circular flow of income in a two sector closed economy. Identify two factors represented by each of the arrows labelled a and b. (4 marks) Expected ResponseFactors represented by the arrows labelled a and b are:
Country X has been experiencing an upward trend in the price of petrol as a result of a rise in inflation. State four steps that can be taken to minimize expenditure on this product.
Steps that can be taken to minimize expenditure on petrol include:
Roles played by the broker in the chain of distribution
​Roles played by the broker in the chain of distribution include:
Related Business Studies Quiz and Answers on Chain of Distribution Form 3 LevelHighlight four benefits that would accrue to a firm located near other existing firms
Benefits that accrue to a firm located near existing firms:
Outline four circumstances which face to face communication may be ineffective
Circumstances under which face to face communication may be ineffective.
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
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