Welcome to Ugfacts.net/ke. On this page you will find details on the following topics

KUCCPS Admission Letters KUCCPS Student Portal KUCCPS Admission Lists
FREE KNEC KCSE Past Papers FREE KNEC KCPE Past Papers List of All Past Papers 
Fees Structure for 2024-2025 KNEC KCPE KNEC KCSE
Intakes and Admissions 2024-2025 List of Courses Offered Latest Jobs in Kenya 2024-2025
TVET Applications 2024-2025 TSC KNUT
KDF Recruitment Kenya Police Recruitment Kenya Prisons Service Recruitment

Your Opinions and Questions Matter. Kindly leave your comments below and we shall attend to you promptly.

KNEC KCSE Business Studies Paper 1 Question Paper – Bomet County Joint Examinations

KNEC KCSE Business Studies Paper 1 Question Paper – Bomet County Joint Examinations

2015 KCSE Bomet County Joint Examinations

Business Studies Paper 1

ALL answers must be written in the spaces provided in this booklet.

Explain the following as used in the satisfaction of human wants
b)Producer goods
c)Scarcity and choice
d)Scale of preferences

 4 marks


Outline four factors that may account for predominant direct product ion in a country

 4 marks


Differentiate between shares and Debentures

 4 marks


What do you understand by the following terms.: (4marks)

(a)Free good
(b)Producer goods
(c )Public goods
(d)Non-material goods

 4 marks


The following information was obtained from the books of JASHO TRADERS at the end of a trading period.
Opening stock 65,000
Sales 300,000
Purchases 180,000
Sales return 5,000
Closing stock 42,000

Calculate the gross loss of the business

 4 marks


List four function of the Kenya Bureau of Standards (KEBS)

 4 marks


State four factors that limit the number of entrepreneurs in an area.

 4 marks


The figure below shows an increase in supply for a commodity from SS to S1S1.

Business Studies Paper 1 Question Paper - 2015 KCSE Bomet County Joint Examinations

State four possible causes that have led to this situation

 4 marks


Outline four reasons why inland water transport is not popular as means of transportation in Kenya.

 4 marks


Outline four types of errors that may cause a trial balance not to balance

 4 marks


Highlight four circumstances under which firm may acquire oligopoly power.

 4 marks


Outline four important uses of measuring national income in a country

 4 marks


Ananda Sita intends to set up modern University in Eldoret. Outline four factors that will influence her choice of office layout.

 4 marks


Give four ways in which consumers may benefit when producers compete in product promotion

 4 marks


The following details were extracted from the books of Omino enterprises for the year ended 31st Dec 2009.
Opening capital 105,000
Capital introduced 15,000
Drawings 6,000
Closing capital 135,000

Determine the profit or loss for the year.

 4 marks


In the table below, fill in by stating whether each of the following transaction will increase, decrease or have no effect on the capital of the business.

Transaction Effect on capital
(a)The business made profit
(b)Bought stock of good
(c)withdrawal of stock for own use
(d)Paid creditors by giving up an old machine

 4 marks


State four main cooperative principles.

 4 marks


List four documents used in home trade at the order stage

 4 marks


Mamati has just taken a whole life policy and is complaining that his premiums are very high. Outline four reason why the premium may be high.

 4 marks


Highlight four disadvantages of an ageing population

 4 marks


Highlight four benefits that may occur to an organization that practices effective communication.

 4 marks


State four advantages of bonded warehouse to the government.

 4 marks


Identify the factor that can cause an increase in the demand of a product

 4 marks


The following are some of the source documents used in business.
(a)Credit note received
(b)Invoice issued
(c)Credit not issued
(d)Cash sale slip
March each of the following books of original entry with relevant source document.

Book of original entry Source of document
(a)Cash book
(b)Sales day book
(c)Return inward day book
(d)Return outward day book

 4 marks


Highlight four services that the Central Bank of Kenya may offer a banker to commercial bank.

 4 marks

Leave a Comment