KNEC KCSE Business Studies Paper 2 – 2014 KCSE COMA Joint Exam
2014 KCSE COMA Joint Exam
Business Studies Paper 2
Answer any five questions.
1.
Explain any five means of payment that are available to traders in Kenya. (10mks)
(b) Suggest five measures that a country may take to ensure proper development planning. (10mks)
20 marks
2.
(a) Discuss five measures that a business may take to safeguard and control
its property. (10mks)
(b) The diagram below represents the population and output per capita of a
certain country.
Explain any five challenges to the country if her total population is
found at the part marked A. (10mks)
20 marks
3.
(a) Explain five benefits to a business that adopts an enclosed office layout. (10mks)
(b) Highlight any five negative effects of free trade to a country. (10mks)
20 marks
4.
(a) Outline five benefits of advertising to a consumer. (10mks)
(b) The following information was obtained from the books of ocampo
traders for the year ended 31st Dec. 2012.
Details
Purchases for the year
Carriage inwards
Capital
Sales
Total expenses 195,000
Stock on 1st Jan 2012
Returns outwards
Stock on 31st Dec 2012
Total creditors
Debtors
Returns inwards
Shs.
400,000
50,000
1,000,000
800,000
40,000
30,000
100,000
35,000
30,000
45,000
(a) Calculate the cost of goods sold. (2mks)
(b) Gross profit. (2mks)
(c) Margin %. (2mks)
(d) Rate of stock turn over. (2mks)
(e) Rate of return on capital. (2mks)
20 marks
5.
(a) Hassan is a trader at Kerugoya town. Explain five benefits he would
enjoy when he opens a current account with a commercial bank. (10mks)
(b) Despite their poor performance, the government is still interested in
operating public corporations in the country. Explain five reasons
why this is so. (10mks)
20 marks
6.
(a) Describe five channels that a manufacturer could use to distribute
exported goods. (10mks)
(b) The following information relates to odyssey enterprises for the
month of June 2011.
1st June credit purchases from Kalembe received invoice no. 10
Shs.38000.
3rd June purchased goods on credit from Wetangula, Shs.60000 and
received invoice no. 11.
5th June returned goods to Kalembe received credit note no. 24 Shs.5600.
20th June purchase returns to Wetangula, credit note no.42, Shs.10000.
30th June credit purchases from Wetangula, invoice no.18, Shs.5000
(i) Enter the information in the relevant journal(s). (5mks)
(ii) Post the information to the relevant ledger accounts in the ledgers. (5mks)
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