Business Studies Maranda End Term 2 Form 3
MARAN·DA HIGH SCHOOL
Kenya Certificate of Secondary Education
FORM THREE 2019 END TERM EXAMINATION
BUSINESS STUDIES
1. From the factors given in the table below, state whether.the factor constitute internal or external environment to a business (4mks)
2. The diagram below illustrates the concept of population (4mks)
Outline four problems associated with part Z
3. Outline four characteristics of ordinary share (4mks)
4. List four classification of goods produced in an economy (4mks)
5. Record the following transactions in a two column cash book of lmani traders and balance it off as at 12th June 2018
June 1: Balances : Cash shs.5500, Bank shs.18000
June 3: Purchases shs.4500 was made being paid by cheque June 7: Sold goods for cash shs.6000
June 12: Took shs.7000 to business bank account
June 13: Paid electricity Ksh. 200 by cash
June 14: Banked all except Ksh. 500
6. Outline four ways through which government can encourage consumption of a product (4mks)
7. State four demerits of using computer (4mks)
8. Give four differences between monopoly and monopolistic competition (4mks)
9. State four reasons that lead to business success (4mks)
10. Highlight four benefits that Kenya has gained since the completion of standard gauge railway (SGR) from Mombasa to Nairobi (4mks)
11. List four types of wholesalers based ori their method of operation (4mks)
12. Complete the table below (4mks)
13. Outline four ways in which government gets involved in business activities (4mks)
14. Mention four various types of Life assurance contracts (4mks)
15. State four benefits that accrue to a firm as a result of growth of the whole industry ( 4marks)
16. Outline four features of a bonded warehouse (4mks)
17. Highlight four circumstances under which a local farmer would sell milk directly to buyers (4mks)
18. Outline four benefits of using e-mail today (4mks)
20. Give four information to be passed to prospective consumers about the product (4mks
21. Open the relevant ledger accounts using the transactions below: (4mks
2018
June 1: commenced business with Kshs.30000 in cash and Kshs.40000 at bank June 2: Bought stock for Kshs,25,000 and paid by cheque
June3: Paid electricity Kshs.5.000 by cash
June 4: Bought motor vehicle wmih Ksh. 25,000 from Weru Motors on credit
22. List four items to be included when calculating national income using expenditure approach (4mks
23. The following information was extracted from books of Mandela traders for the year ended 31/12/2018 (4mks)
Capital 31/12/2018 sh.640,000
Capital 1/1/2018 shs. 420,000
Net profit for the year shs. 180,000 Determine additional capital during the year.
24. Name four elements to a market (4mks)
25. The following information relates to Kitale Traders as at 31/12/2018 (4mks)
