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Midview High Schools Business Studies Form 4 Question Paper

Midview High Schools Business Studies Form 4

Course:Business Studies

Institution: Form 4 question papers

Exam Year:2017

Midview High School
Opener Exam Term III 2017
Business Studies
Form 4.

1 a)Explain 6 services offered by wholesalers to retailers. (12mks)
b)Explain 4 principles of insurance. (8mks)
2 a)Of late the bodaboda services have become a popular means of transport in many parts of the country. Explain 5 factors that have led to this trend.(10mks)
b)Outline 5 differences between a partnership form of business organization and a public limited company. (10mks)
3 a)Explain 5 roles of the stock exchange as a market for securities. (10mks)
b)The following balances were extracted from the books of Kapsabet traders for the period ended 31/12/2005.
Land and building 770,000
Motor vehicles. 600,000
Furniture. 100,000
Stock of goods. 90,000
Stock of stationary. 12000
Debtors. 58,000
Cash in hand. 16000
Insurance paid in advance 4000
Net profit. 282,000
Loan from I.C.D.C. 400000
Creditors. 47000
Salaries owing. 13000
Bank overdraft. 8000
Capital. 900,000
Required:
Prepare Kapsabet traders balance shaeet as at 31/12/2005 showing:
a)fixed assets
b)current assets
c)capital
d)long term liabilities
e)short term liabilities
4 a)Explain 5 differences between goods and services. (10mks)
b)Discuss 5 circumstances under which monopolies are created. (10mks)
5 a)Explain 5 circumstances under which an insurance contract may be terminated. (10mks)
b)Explain 5 reasons why devolved funds like constituency development funds have not been fully successful in Kenya. (10mks)
6 a) Explain 5 factors that may limit the use of pipeline as a mode of transport in a country. (10mks)
b)Explain 5 features of a partnership. (10mks)

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