Features that are common to underdeveloped countries
Features of under development include:
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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 five methods of determining the price of a product other than price control. (10 marks)11/12/2020 Methods of determining the price of a product other than price control
Five methods of determining the price of a product other than price control:
The following trail balance relates to Chui Traders as at 31st December, 2014.
Required
Prepare Trading, Profit and Loss Account. (10 marks) Expected ResponseFeatures of human wants
​Features of human wants:
​​Related Business Studies Quiz and Answers on Satisfaction of Human Wants Form 1 Level
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:
Uses of National Income Statistics to a country
Uses of National income statistics to a country.
Clauses found in the Memorandum of Association
Clauses found in the Memorandum of Association include:
Ways an investor benefit from the stock exchange
Ways in which an investor may benefit from the stock exchange include:
Benefits of sea transport over air transport
Benefits of sea transport over air transport include:
Benefits of a business plan to an entrepreneur
State four reasons that make it necessary for firms to maintain a healthy environment. (4 marks)10/12/2020 Reasons that make it necessary for firms to maintain a healthy environment
Reasons that make it necessary for firms to maintain a healthy environment include:
The following information relates to Kahawa Traders as at 31st December 2012.
Expected ResponseGoals of development to a country
Goals of development in a country include:
The following Purchases Returns Journal relates to Farasi Traders:
Post the information above to the relevant ledger accounts. (4 marks)
Expected ResponseName the documents described by the statements given below as used in International Trade:9/12/2020
Name the documents described by the statements given below as used in International Trade: (4 marks)
Expected Response
The documents described by the given statements are:
Levels of inflation
Levels of inflation include:
Identify the ledgers in which the following accounts are maintained. (5 marks)
Expected Response
The following figures relate to Jumbo Traders for the year ended 31.12.13.
Expected Response
The graph given below represents the demand and supply curves of milk:
State four effects of a shift of the demand curve to the right. (4 marks)
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