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National Mock / Post Mock Examination Business Education P2 Question Paper

National Mock / Post Mock Examination Business Education P2

Course:Secondary Level

Exam Year:2010

1. a) Distinguish between Liners and Tramps as forms of carries in Marine transport. (10mks)
b) State five specific objectives of advertising as tool for sales promotion. (10mks)
2. a) Outline the stages involved in the process of buying and selling of shares and stocks in the Nairobi stock Exchange Market. (12mks)
b) Discuss four main principles of Insurance as an aid to trade. (8mks)
3. a) Under what circumstances would partinership be dissolved? (10mks)
b) Explain five functions of commercial Banks. (10mks)
4. a) The following information relates to Twins Retail Enterprises for the year ended 31st Dec 1992.
Sales 33,550
Opening stock 4,000
Purchases 39,000
Mark-up 25%
Closing stock 16,000
Margin 20%
Sales returns 2,250

Calculate:
i) Cost of goods sold. (5mks)
ii) Rate of stock turnover (2mks)
iii)Net sales (3mks)
b) Highlight five advantages of preparing business budgets. (10mks)
5. a) Discuss five advantages of factoring as a method of raising funds by enterprise in the Medium term (10mks)
b) What are the reasons which make international trade difficult to conduct than home trade. (10mks)
6. a) What are some of the requirements for a warehouse to function effectively. (8mks)
b) What advantages would be derived from Multinational corporation by developing countries. (12mks)

National Mock / Post Mock Examination Business Education P2 Question Paper

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