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Kandara Form Three Joint Evaluation Question Paper

Kandara Form Three Joint Evaluation

Course:Business Studies

Exam Year:2014

Name...........Index No...........School..................sign............
Date.........
565/1
BUSINESS STUDIES
PAPER 1
OCTOBER/NOVEMBER 2014
TIME 1 HOURS
KANDARA FORM THREE JOINT EVALUATION
Kenya Certificate of Secondary Education
INSTRUCTION TO CANDIDATES
1.Write your name and Index number in the space provided.
2.Answer all the questions.
3.All answers must be written in the space provided.
4.Do not remove any page from the booklet.

1.Name the factor of production that each of the following resourses relaates to
a.Accountant
b.Motor vehicle
c.Water
d.Owner
2.Highlight four ways in which an enterpreneur contributes to the production of goods. (4marks)
3.state four reasons why the government issues licences. (4 marks)
4.The following description relate to insurance . State the term used for each description. (4marks)
a)Temporary certification of contract between the insured
b)Periodic payment made by a policy holder.
c)Transfer of the right on destroyed property from the insured to the insurer.
d)Life assurance lasting for a specific period.
5.Give four factors that may be considered by firms when deciding on what goods and services to produce. (4marks)
6.The conditions below describes the various market structure. Write the correct market structure against each of the conditions in the space provided.
a)market structure determines the price of the product.
b)There is free entry and exit of firms
c)Market structure with many sellers of different products.
d)products are homogeneous.
7.Thev following transactions were extracted from the books of Githumu Traders for the monthvof March 2013
March 10th Purchased goods on credit worth shs 200,000 from Kangari Wholesalers.
March 25th sold goods on credit worth shs 420,000to Nyakio Traders.
Record the above transactions in the relevant ledger accounts.
8.Outline FOUR characteristics os service. (4 marks)
9.List any FOUR small scale retailers with shop. (4marks)
10.Outline FOUR advantages that may accrue to kenya by developing a modern 600km stardard gauge rail. (4marks)
11.Outline FOUR essentials of a warehouse. (4marks)
12.Draw a diagram below representing a combined demand and supply curves. Label the diagram. (4marks)
13.Outline FOUR transactions that may cause changes in capital (net worth) of a business. (4marks)
14.List any FOUR features of sole proprietorship form of business. (4marks)
15.Outline FOUR advantages of00transacting through E-commerce. (4marks)
16.In recent past,single shops inthe urban centers have been sub-divided into small cubicals(stalls). Outline four benefits of this emerging trend. (4marks)
17.State FOUR functions of an office. (4marks)
18.Outline four factors to be considered when choosing a channel of distribution. (4marks)
19.Wema Traders had the following information as at 1st December 2013
Cash at bank 5,000
Trade debtors 20,000
Stock 25,000
Capital 120,000
Machinery 80,000
Creditors 10,000
On 2nd December he had the following transactions
-Bought goods fro shs 15000
-Sold the machine for shs 90000 cqsh
-Received a cheque for shs 10000 from debtor
Prepare Wema Traders balanc sheet as at2nd Decenber 2013 after the above trnsactions (5marks)
20.Highlight four negative implicatios of a rapid populations growth rate in developing countries. (4marks)
21.Highlight FOUR disadvantages of mobile phones. (4marks)
22.Outline FOUR essentials of a warehouse. (4marks)
23.State four circumstances under which a trade would advertice his products over the radio instead of television. (4 marks)
24.State three factors that determine the period for which documents should be stored in an organisation. (4 marks)

Kandara Form Three Joint Evaluation Question Paper

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