565/1
BUSINESS STUDIES
PAPER 1
MARCH /APRIL 2012
FORM 4
1. Explain the following a used in the satisfaction of human
wants. (4 marks)
a) Utility
b) Producer goods
c) Scarcity and choice
d) Scale of preferences
2. Outline four factors that may account for predominant
direct product ion in a country (4marks)
Shares
Debentures
a)
|
|
b)
|
|
c)
|
|
d)
|
3. Differentiate between shares and Debentures (4 marks)
a)
b)
c)
d)
4. The
following diagram shows a demand curve A. Calculate the price Elasticity of
demand for product A
5. The
following information was obtained from the books of JASHO TRADERS at
the end of a trading period
Ksh
Opening stock 65,000
Sales
300,000
Purchases 180,000
Sales Returns
5,000
Closing stock 42,000
Calculate the gross loss of the
business.
6. List four functions of the Kenya Bureau of Standards
(KEBS) (4 marks)
a)
b)
c)
d)
7. State four (4) factors that limit the number of
entrepreneurs in an area. (4 marks0
a)
b)
c)
d)
8. The following information was found in the books of Joy
Traders
Output
|
Total cost
|
Average cost
|
Marginal cost
|
0
1
2
3
4
|
55
70
82
87
92
|
Complete the columns for average
cost and marginal cost.
9. Outline four (4) reasons why inland
water transport is not popular as means of transportation in Kenya
a)
b)
c)
d)
10. Organizing is a major function in business
management. Highlight four benefits of organizing that an entrepreneur will
enjoy
(4 marks)
a)
b)
c)
d)
11. Highlight
four circumstances under which firm may acquire oligopoly power
(4 marks)
a)
b)
c)
d)
12. Outline four
important uses of measuring national income in a country (4 marks)
13. Ananda sita intends to set up a modern
University in Eldoret. Outline four factors that will influence her choice of
office layout (4
marks)
14. Give four ways in which consumers may
benefit when producers compete in product promotion.
(4 marks)
a)
b)
c)
d)
15. T he following details were extracted from the books of
Omino enterprises for the year ended 31st Dec. 2009.
Ksh
Opening capital 105,000
Capital introduced 15,000
Drawings 6,000
Closing capital 135,000
Determine the profit or loss for the year
16. In the table, fill in by stating whether each of the
following transaction will increase, decrease or have no effect on the capital
of the business.
Transaction
|
Effects on capital
|
a) The
business made profit
b) Bought stock of good
c) Withdrawal
of stock for own use.
d) Paid
creditors by giving up an old machine
|
17. State four main cooperative principles.
(4 marks)
a)
b)
c)
d)
18. List four documents used in home trade at the order
stage. (4 marks)
a)
b)
c)
d)
19. Mamati has just taken a whole life policy and is
complaining that his premiums are very high. Outline four reason why the
premium may be high. (4
marks)
20. Highlight four (4) disadvantages of an ageing
population. (4 marks)
a)
b)
c)
d)
21. Highlight four benefits that may accure to an
organization that practices effective communication.
(4 marks)
a)
b)
c)
d)
22. State four advantages of bonded warehouse to the
government. (4 marks)
a)
b)
c)
d)
23. Identify the factors can cause an increase in the demand
of a product. (4 marks)
)
)
)
)
24. The following are some of the source documents used in
business.
I.
Credit note received Invoice
II.
Credit note issued
III.
Cash sale slip
March each of the following books of original entry with
relevant source document
(4 marks)
Books of original entry
|
Source of document
|
a) Cash book
|
|
b) Sales day book
|
|
c) Returns inwards daybook
|
|
d) Returns outward daybook
|
25. Highlight four services that the Central Bank of Bank of
Kenya may offer as a banker top commercial banks.
(4 marks)
a)
b)
c)
d)
5652
BUSINESS
STUDIES
PAPER 2
MARCH/APRIL
20101
THE ELDORET
EAST INTER SCHOOLS EXAMINATION 20101
Kenya
Certificate of Secondary Education
FORM FOUR
565/2
BUSINESS
STUDIES
PAER 2
MARCH/APRIL
2010
Instruction to
candidates
This paper
contain six questions
Answer anf five
questions
Begin your
answer on a new page
This paper
consist of 3 printed pages
Candidate should check the question paper to
ascertain that all the pages are printed as indicated and no Questions are
missing.,
1.a) Mr.Kirwa an artist decided to
take his new products to the trade fairs and exhibition .Explain five benefits
he will get from the exhibition.(10mks)
b) Explain five circumstances under
which both retailer and wholesalers may be eliminated from the chain of
distribution.(10mks)
2a)Trade can be said to be backbone
of many Economics in the world, Identify and explain five main roles trade
plays in the economy of Kenya.(1omks).
b) Explain five factors that may
influence the price elasticity of demand for
a product.(10mks)
3. a) Explain five internal
economies of scale that may accrued to a single firm that expands its
production capacity 10mks).
b) Explain five services that
central Bank of Kenya
offers to Commercial Bank (10mks).
4.a) Explain five circumstances
under which an organization would prefer to us letters for its official
communication (10mks).
B) The following balances were
extracted from the books of Maendeleo Traders as at 31st Dec 2008.
sh
Purchases 500,000
Sales 800,000
Rent Received 230,000
Cash Received 140,000
Drawings 240,000
Premises 1,570,000
Creditors 420,000
Capital 1,000,000
Prepare the Trail Balance of
Maendeleo Traders as at 31st Dec 2008 (10mks).
5. (a) Explain five emerging issues
in the management of business. (10mks)
b) Sina Chuki Traders had cash in
hand sh.12, 600 and at BANK SH.25, 420 ON 1st January 2008. The following transactions took
place during the Month of January.
Jan 2: Cash sales sh.3000
Jan 3; Paid transport expenses sh.2500 cash.
Jan 5: Kemboi settle his account of
shs.3420 by cheque after deducting 5% cash discount.
Jan 7.Drew sh.5500 from the bank
for personal use.
Jan 8: paid the following creditors
by cheque and in each case deducted 3% CASH discount.P.Mwangi sh.4200.K.Kosgei
sh.2100.J.Otieno, sh.2700.P Nasimiyu sh.52, 000
Jan 16.Received the following
cheques from debtors after had deducted cash account of 2% in each
case.J.mumnene sh.9800.W.Akila sh.7180, S.Odhiambo sh.2600
Jan 25: Paid for salaries and wages
by cheque sh.17, 500
Jan 30: Paid general expenses
sh.1500 in cash.
Required a three column cash book. (10mks.)
6.a) Describe four circumstances
under which an insurance company may find it necessary to
reinsure.(8mks)
b) Maji MATAMU traders had the
following balance as at 31st December 2009.
(Kshs.)
Premises 540,000
5 YEAR bank loan 472,500
Sundry Debtors 116,900
Sundry Creditors 227,000
Furniture and fitting 408,170
Cross Profit 520,600
Motor vehicles 900,000
Discount Allowed 142,000
Lighting 25,200
Interest on Loan 1,200
Rent Received 120,000
Repairs on premises 60,000
Repairs on furniture and fitting 72,030
Repairs on motor vehicles 300,000
General Expenses 102,100
Capital 1,200,000
Closing stock 72,500
REQUIRED
Prepare
a) Profit and loss account for the
year 31st December 2009.
b) Balance sheet as at 31st
December 2009.
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