KCSE Past Papers 2013 Business Studies Paper 1 (565/1)

1. Outline four ways in which business studies may be of benefit to an individual. (4 marks)

2. Highlight four extemal factors that may negatively influence the operations of a business. (4 marks)

3. State four characteristics of a successful entrepreneur. (4 marks)

4. State four fiinctions of an office. (4 marks)

5. Fill the relevant branches of trade in the diagram given below: (3 marks)

6 .The participants in a two sector economy are households and firms. Identify the relevant participant in each of the statements given below: (4 marks)

7. The following balances were extracted from the books of Wekesa Traders on 31*‘ December,2009.

Using the above information, prepare Wekesa Tracler‘s Trial Balance on 315‘ December, 2009.

8. The following information relates to Karibu traders for the year ended 31“ December 2008.

Determine owner's capital using the information given above. ' (4 marks)

9. State the type of unemployment relating to each of the following descriptions: (4 marks)

(a) Caused by altemating trading pattems occurring at similar times.

(b)Arises where workers have more skills and higher qualifications than the job requirements.

(c)Arises out of a mismatch between the skills possessed by potential employees and the location of the jobs available.

(d)Arises when people are unwilling to take up jobs due to low pay.

10. Highlight four circumstances under which the capital of a business may change. (4 marks)

ll. Below are some entries in the cash book of Romano Traders for the month of July 2010.

12. Outline one circumstance under which each of the following source documents may be issued by a trader: (4 marks)

(a) Debit note

........................................................................................................................ ..

(b) Invoice

.......................................................................................... --

(c) Credit note

....................................................................................................................... ..

(d) Quotation

......................................................................................................................... ..

13Name four documents that may be required by the registrar of companies in order to register a public limited company. (4 marks)

14. Outline four measures that a country can take to reduce the level of inflation. (4 marks)

15. Outline four factors that may make a producer to by-pass the wholesaler when distributing goods. (4 marks)

16. Highlight four benefits that a country would get by developing her infrastructure. (4 marks)

17. State four benefits of a bonded warehouse to the government. (4 marks)

18. Outline four qualities of a successful salesperson. (4 marks)

19. Highlight four factors that may cause the supply curve to shift to the right. (4 marks)

20. Outline four positive effects that production activities may have on community health. (4 marks)

21. State four basic features of a market. (4 marks)

22. Outline four features of a parastatal. (4 marks)

23. Outline four circumstances in which the govemment may be involved in business. (4 marks)

24. Highlight four factors that a trader may consider when choosing a means of transport. (4 marks)

25. State four reasons for privatizing public corporations. (4 marks)

4.6.2 Business Studies Paper 2 (565/2)

1.(a) Explain five benefits that may accrue to a country with a large proportion of skilled labour force. ( 10 marks)

(b) Outline five characteristics of an efficient tax system. (10 marks)

2. (a) Explain five benefits that Kenya may get as a member of C .O .M.E.S .A. (10 marks)

(b) Explain five factors that may hinder economic development in Kenya. (10 marks)

3. (a) Explain five benefits that may be realized by a country as a result of government policy to relocate industries to rural areas. (10 marks)

(b)The following balances were extracted from the books of Soilo Traders on 31“ December 2010.

4. (a) Explain five advantages of advertising to the consumer. (10 marks)

(b) On 1*‘ January 2011 ,Jumo Traders had shs 22,500 in cash and shs 250,000 at bank

During the month, the following transactions took place:

Prepare a duly balanced three column cash book. (10 marks)

5.(a) Outline six circumstances under which a trader may use air transport.

(b) Explain four ways through which a public limited company may be dissolved

6.(a) With the aid of a diagram, explain the effect of an increase in the supply of a commodity while its demand remains constant.

(b) Explain five features of oligopoly. (10 marks)