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A worker has been working as a mechanic for two years. However, he thinks of changing to
another occupation. Give the reasons for his decision.
Date posted:
April 3, 2019
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Identify the type of utility created in the following circumstances
Activity Utility
a) Carpentry
b) Selling bread to students
c) Warehousing of goods imported
d) Carriage of cargo to the market
Date posted:
April 3, 2019
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Explain the factors that have led to dominance of subsistence production despite development
in technology in Kenya.
Date posted:
April 3, 2019
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Write in full the following abbreviations:
i) Franco
ii) O.N.
iii) C.W.O
iv) I.O.U
Date posted:
April 3, 2019
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For each of the following production activities, indicate whether it is direct or indirect type of
production.
Date posted:
April 3, 2019
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Classify the following items into either basic wants or secondary wants
ITEM WANT
(a) Furniture
(b) Medical care
(c) Sausages
(d) shelter
Date posted:
April 3, 2019
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Outline four benefits that accrue to a company by using a prize winning competition to promote
its products
Date posted:
April 3, 2019
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Indicate whether the following resources are renewable or non-renewable
Resource Classification
1. Limestone
2. Natural rubber
3. Solar energy
4. Biogas
5. Rivers
6. Wildlife
7. Soda ash
8. Forest
Date posted:
April 3, 2019
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Identify four sources of energy available in Kenya
Date posted:
April 3, 2019
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State four factors that may limit an individual ability to satisfy his basic wants.
Date posted:
April 3, 2019
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The table below contains various categories of members of the society. In the spaces provided
indicate the activity of social responsibility that a firm should undertake to each group
Date posted:
April 3, 2019
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Mr. Mirugi has opened a retail outlet at Lukoye Trading centre. Advise him on four ways of
creating an enabling business environment for the prosperity of his business
Date posted:
April 3, 2019
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Name the internal environments whose effects are described by the following statements:
(a) Allows duties to be allocated to the right people thus resulting
in higher productivity
(b) Helps the business achieve its objectives e.g. higher production
level of goods and services
(c) Makes employees to acquire norms and code of conduct that is
acceptable to all
Date posted:
April 3, 2019
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Identify the importance of the following types of environment to a business.
i) Intermediaries
ii) Technological
iii) Demographic
iv) Competitors
Date posted:
April 3, 2019
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Explain five reasons why a producer would prefer to use radio than newspapers to advertise
his products.
Date posted:
April 1, 2019
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State four disadvantages of using cheques as a means of payment
Date posted:
April 1, 2019
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State and explain the main reasons why businesses exists.
Date posted:
March 29, 2019
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Highlight four disadvantages of tied shops.
Date posted:
March 25, 2019
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Highlight four indicators of a business opportunity.
Date posted:
March 17, 2019
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Explain any three parties to a cheque.
Date posted:
March 5, 2019
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With the aid of a tree diagram, show the main divisions of trade.
Date posted:
March 4, 2019
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From the following trial balance of S. Thompson, you are asked to draw up an income statement for the year ended 31st March 20x2 and a balance sheet as at that date.
Date posted:
March 2, 2019
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Discuss the factors that influence the choice of a filing system in an organization
Date posted:
February 28, 2019
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Discuss five differences between a bank statement and a bank pass book.
Date posted:
February 28, 2019
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Marketing boards are producer organizations set up to encourage and control the selling of agricultural products. Discuss five functions of these organizations.
Date posted:
February 28, 2019
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Give four reasons why people prefer using a cheque to cash when effecting payment.
Date posted:
February 28, 2019
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Name four documents used in home trade.
Date posted:
February 28, 2019
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The following trial balance was extracted from the books of Nyaituya on
31st December 2005.
Additional information. Sh.
(i) Stock as at 31st December 2005 52,000
(ii) Rent accrued 6,000
(iii) Insurance paid in advance 4,000
(iv) Commission due 5,000
(v) Salaries owing 21,000
REQUIRED:
Prepare a trading, profit and loss account for the year ended 31st December
2005 and a balance sheet as at that date.
Date posted:
February 25, 2019
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The following trial balance was extracted from the ledgers of Gathioro’s mobile phones business for the year ended 31st Oct 2013.
Gathioro’s mobile phones
Trial Balance
As at Gathiro’s 31st Oct 2013
On 31st Oct. 2013, the business had closing stock valued at Shs. 60,000
prepare;
i. The trading, profit and loss a/c for the year ended 31st Oct 2013.
ii. A balance sheet as at that date.
Date posted:
February 25, 2019
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On 1st November 2013:Tabagon Co. Ltd. had a balance of shs. 12,000 at the bank and shs. 2500 in hand. During the month, the following transaction took place;
Nov. 1 Cash sales Shs. 2500, cash purchase Shs. 1750
Nov. 3 Paid the following accounts by cheque.
Kirop Shs. 1500 less 5% cash discount
Kirui Shs. 2000 less 5% cash discount
Nasimiyu shs. 2100 less 3 % cash discount
Nov. 5 Received the following amounts from debtors,
Ondiek shs. 1200,
58
Jane shs. 3850 and Mueni by cheque shs. 2050 after allowing
her shs. 300 cash discount.
Nov. 14 Paid office cash to the bank shs. 2000
Nov. 17 Cash sales 8500
Nov. 22 Mueni paid her account of shs. 5000 by cheque less 10% cash discount
Nov. 28 Withdrew all the money from the bank for office use except shs. 1000
Nov. 29 Paid salary cash shs. 8000
Nov. 30 A cheque received from Mueni on Nov. 5th was dishonoured.
Prepare Tobago Co. Ltd. three column cash book.
Date posted:
February 23, 2019