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312/2 Kcse 2012 Business Studies Paper 1 Question Paper
312/2 Kcse 2012 Business Studies Paper 1
Course:Business Studies
Institution: Kcse question papers
Exam Year:2012
K.C.S.E 2012 QUESTIONS
BUSINESS STUDIES PAPER 1
1. Outline four circumstances under which cash with order may be used. (4 marks)
2 State four benefits that a farmer may derive from being a member of a Producer Co-operative Society. (4 marks)
3 Highlight three benefits of globalization to a business enterprise. (3 marks)
4 Highlight four ways in which consumers may protect themselves against exploitation by traders. (4 marks)
5 Outline one circumstance under which each of the following telecommunication services may be used: (3 marks)
(i) Paging
(ii) Facsimile (fax)
(iii) Radio call
6 The following information was extracted from the books of Marigi Traders on 30th June 2009.
Item
Shs.
Purchases
720,000
Opening stock
165,000
Closing stock
?
Sales
980,600
Margin
20%
Prepare the Trading Account of Marigi Traders for the year ended 30th June 2009. (5 marks)
7 Outline four tools of monetary policy that a government may use to reduce excess money in circulation. (4 marks)
8 Outline one circumstance under which each of the following types of inflation may occur:
(4 marks)
(i) Creeping inflation
(ii) Hyperinflation
9 State four forms of economic integration that may exist between countries. (4 marks)
10 Highlight four problems of development planning that a country may experience. (4 marks)
11 Nyaboke operates a shop in a farming area. State four ways in which the farming community can benefit from the business activity. (4 marks)
12 Outline four features of indirect production. (4 marks)
13 State four factors that may lead to the success of a business. (4 marks)
14 State four ways in which a good filing system may facilitate the operations in an office.
(4 marks)
15 Highlight four benefits that a country gets by encouraging trade among her citizens (4 marks)
16 Outline four challenges that may be encountered when measuring national income using the output approach. (4 marks)
17 Highlight four measures that a government may take to reduce the mortality rate in a country.
(4 marks)
18 The following balances were extracted from the books of Highlife General Stores on 31sl December 2008:
Item
Shs.
Land and buildings
650,000
Stock
470,000
Bank overdraft
80,000
Debtors
350,000
10 year Bank Loan
500,000
Creditors
220,000
Cash
50,000
Motor Van
150,000
Capital
?
Prepare the balance sheet of Highlife General Stores as at 31st December, 2008. (5 marks)
19. Given the statements in the table below, indicate the type of entry to be made in the relevant ledger accounts: (4 marks)
Statement
Type of Entry
(i) An increase in revenue
(ii) A decrease in an asset
(iii) An increase in an expense
(iv) A decrease in liability
20 In the spaces provided in the table below, name the document Jambi Ltd. would issue under the circumstances described: (4 marks)
Circumstance Document to issue
(i) Jambii Ltd sold goods worth Sh. 54,000
on credit to Jamilar Traders.
(ii) Osuri Enterprises which had bought goods
worth Sh 27,000 was erroneously charged for
only Shs 25,000.
(iii) Guru Traders paid Shs 33,900 by
cheque to Jambi Ltd. for goods which had
been supplied.
(iv) Goods sold to Jamilar Traders had been
overpriced by Shs 4,000.
21 Outline four conditions under which a warehouse may be considered to be operating efficiently. (4 marks)
22 Highlight four advantages of promoting sales through the internet. (4 marks)
23 Zawadi operates a hardware business in her home town. Outline four methods she may use
to determine prices for her goods other than the forces of demand and supply. (4 marks)
24 Highlight four factors that a firm may consider when deciding on the goods to produce.
(4 marks)
25. State four features of a perfectly
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