KCSE BASED BUSINESS STUDIES QUESTIONS WITH ANSWERS
Use of Natural income statistics
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Roles played by intermediaries in distribution chain
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Problems associated with ageing population
The following balances were extracted from the books of R and T Traders for the year ended 31st March
Required: Prepare a Trial Balance as at 31st March 2012 (4mks)
Sources of public finance
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Kirui Traders had the following balances as at 31st Dec 2010
Given that the rate of stock turnover is 3;
a) Calculate the cost of goods sold (2mks)b) Calculate the gross profit (2mks)
Reasons as to why small scale farms continue to exist in an economy dominated by large scale forms.
Factors that limit use of containers in transport
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Factors to consider when selecting office equipment
Drawbacks of division of labour
Gaps in the business opportunity that exist in the market.
Circumstances under which cash payment is appropriate
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Give any four features of abounded warehouse
Features of abounded warehouse include:
Importance of business studies in the society
Business studies is meant to prepare learners to function as informed consumers, producers and workers in the society.
With the aid of a diagram, explain the effect of an increase in the supply of a commodity while its demand remains constant.
Explain four ways through which a public limited company may be dissolved.
Ways through which a public limited company may be dissolved include:
Outline six circumstances under which a trader may use air transport.
Circumstances under which a trader may use air transport:
On 1st January 2011 , Jumo Traders had shs 22,500 in cash and shs 250,000 at bank.During the month, the following transactions took place:
Prepare a duly balanced three column cash book. (10 marks)
Explain five advantages of advertising to the consumer.
Advantages of advertising to the consumer include:
The following balances were extracted from the books of Soilo Traders on 31 December 2010.21/12/2020 The following balances were extracted from the books of Soilo Traders on 31 December 2010.
Additional information:
Gross profit margin is stated at 40%. Prepare: (i) Trading, Profit and Loss Account for the year ended 3Pt December 2010. (5+ marks) (ii) Balance sheet as at 3P’ December 2010. Explain five benefits that may be realized by a country as a result of government policy to relocate industries to rural areas.
Benefits that may he realized by a country as a result of government policy to relocate industries to rural areas include:
Explain five factors that may hinder economic development in Kenya.
Factors that may hinder economic development in Kenya include:
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