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Form 4 Business Studies Paper 2 Central Yearly Meeting Of Friends Pre-Mocks. Question Paper
Form 4 Business Studies Paper 2 Central Yearly Meeting Of Friends Pre-Mocks.
Course:Business Studies
Institution: Form 4 Mock question papers
Exam Year:2017
565/2
BUSINESS STUDIES
PAPER 2
2.5 HOURS
1 a) A business man wish to obtain loan from a commercial bank.DIscuss five conditions that he should satisfy before the bank can grant him the loan. (10 marks)
b) A few years ago the minister for transport introduced reforms in the Matata industry what the benefits of the reforms in Kenya.(10 marks)
2 a) Office equipment include all the necessary office machine and office furniture. Explain five roles played by equipment In an office.(10 marks)
b) African countries are categoriesed as less developed economically.Explain five characteristics of such economies.(10 marks)
3 a) Explain five sources of capital that are available to a public limited company.(10 marks)
b) With an aid of a diagram explain the determination of equilibrium price and quantity.(10 marks)
4 a) Discuss five factors that should be considered in choosing a promotion medium.(10 marks)
b) Discuss five main causes of unemployment in Kenya.(10 marks)
5 a) Generating a business idea is not an end in itself.What five factors should be considered when evaluating a business opportunity.(10 marks)
b) Explain five factors that influence the level of national income in an economy. (10 marks)
6 a) The following balances were extracted from the books of Autumn traders for the year ended 31st December 2007.
debtors. 120,000
motor vehicles. 650,000
creditors. 160,000
gross profit. 110,000
stock. 35600
furniture. 150,500
salaries. 222,600
drawings. 50,800
discount received 13,500
rent. 13,800
bank loan. 263,700
prepare:
1)profit and loss account for the year ended 31st December 2007.
2) balance sheet as at 31 St December 2007.
B) The following is a list of assets and liabilities drawn from Kariuki books on 31st December 2009.
land and buildings. 200,000
creditors. 25,000
capital. 200,000
stock. 50,000
loan from bank. 65,000
debtors. 13,000
motor van. 25,000
cash at bank. 2000
The following transactions took place on. 1st January 2010.
•Sold stock costing sh. 10,000 for sh 15000 cash.
•Paid creditors sh 10,000 cheque
•Took goods costing sh 1000 and cash sh 2000 for own personal use.
prepare a balance sheet after the above transactions took place. (10 marks)
END.
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