ALLIANCE HIGH SCHOOL PRE-TRIAL 2018 Business Studies Paper 1
State the type of document described below in relation to home trade. (4 mks)
Sent by the seller before goods are delivered showing how the invoice would look like
Shows in a summary the transactions between the buyer and the seller
Acknowledges a debt but does not show specific date of payment
Pre – printed form that request the seller to supply the buyer with goods.
Highlight 4 fiscal policies that can be used to control inflation.
You have been provided with the following information of Sibuor Traders.
5 years loan
2 years loan
Liquid ratio (1 mk)
Current Ratio (1 mk)
Working capital (1 mk)
Capital employed (1 mk)
In relation to product promotion describe the meaning of the following terms ( 4 mks)
Given the following demand and supply schedule on the axis draw the demand and supply curve, show all the equilibriums (21/2 mks)
Indicate the new equilibriums if there is a decrease in total supply ( 1 1/2 mks)
Outline 4 types of unemployment in Kenya today. (4 mks)
From the data of Kanyi Traders given below prepare a profit and loss account on 31/12/2013 ( 4 mks)
Highlight 4 differences between monopoly and monopolistic competition (4 mks)
State 4 features of indirect production. (4 mks)
Outline 4 disadvantages of delocalization of firms. (4 mks)
Highlight 4 ways that can be used to increase a country's exports in order to correct unfavouble balance of payment. (4 mks)
In evaluating a business opportunity there are certain personal consideration one has to take into account, highlight four (4 mks)
Record the following transaction in the appropriate book of original entry No posting is required (4 mks) March 1" Sales of goods on credit to Mark 7,800/- Lucy 5000/- March 2" Sales of goods on credit to Murimi 2000/-, George 1,400/- March 3 Sales of goods on credit to Tom 1,100/- Eugene 8,000/-
State 4 factors that determine the holding of money for precautionary motive. ( 4 mks)
Briefly explain the meaning of the following terms in relation to public finance ( 4 mks)
Impact of tax
Outline 4 factors that a school should take into consideration before deciding on a method Ð¾f rÐµÑrÐ¾grÐ°ÑhÑ tÐ¾ use. (4 mks)
State four other names given to books of original entry. (4 mks)
Give 4 reasons why Akinyl should run a sole proprietorship business instead of joining hands with others to form a partnership (4 mks)
Outline 4 factors that may make an insurer to re-insure. (4 mks)
Describe 4 features of liner ships. (4 mks)
The initials below indicate equilibrium national income. S+T+M - 1+ X +G
Write the mean of the following (4 mks)
State 4 reasons why choice should be made in satisfying human wants. (4 mks)
Distinguish between the following (4 mks)
General merchandise wholesalers and general line wholesalers.
Del credare agents and import bookers
Diagonal communication and vertical communication
Speed post mail and Express mail
Outline 4 characteristics of bonded warehouse. (4 mks)
Given the following items of Duka Bora Shop, prepare a trial balance on 31/12/2017 (4 mks)
Stock on 1st Jan 2017
Stock on 31/12/2017
Land and building
NB 1/5 of carriage relate sales
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