State four benefits of public corporations in Kenya.

State four advantages of entrepreneurship in an economy.

Highlight four factors that can make a company to re-insure.

State four economicfactors that determine a consumer’s buying ability.

State four ways in which a good filling system may facilitate the operations on office.

Highlight four benefits of a free warehouse.

State four circumstances where a firm would be located near a source of raw materials.

Show the accounts to be debited or credited for the following transactions.

Highlight four factors that determine precautionary motive for holding money.

State four functions of an entrepreneur as a factor of production.

The following information was extracted from the books of Juma Traders as at 31st December 2009,
Shs
Opening stock 2,500
Purchases 46,000
Closing stock 1,500
Mark-up 20%
Required:
Prepare Juma Trader’s Trading Account.

Outline four changes in the economy associated with economic development.

The diagram below shows a population pyramid for a certain country.
Give four challenges facing this country.

Highlight four ways in which individuals consumers can protect themselves.

State the source documents for each of the following subsidiary day Books
Subsidiary Books Source Documents
A Sales Journal
B Purchase Sales Journal
C Returns Inwards Journal
D Returns Outward Journal

State four problems that are experienced by consumers when firms become monopolies.

State four causes of demand pull inflation.

Highlight four reasons why the use of rail transport is not well developed in Kenya.

Outline four things a business need to know about their competitors.

The following balances of assets and liabilities were provided by Pati Traders as at 31st December 2012
Items Shs
Bank overdraft 80,000
Land 200,000
Accrued electricity 50,000
Stock 10,000
Debtors 20,000
The business had drawings amounting to sh 20,000, during the year.
Required:
Prepare balance sheet for Pati Traders.

List four factors that may limit the growth of a country’s national income.

State four current trends in sales promotion.

Outline four factors to be considered when choosing a channel of distribution.
(i) ………………………………………………………………………………………………
(ii) ………………………………………………………………………………………………
(iii) ………………………………………………………………………………………………
(iv) ………………………………………………………………………………………………

State whether the tax described below is direct or indirect
a) Stamp duty
b) Wealth tax
c) Excise duty
d) Value Added tax

A business enterprise had a cash balance of 50,000 and overdraft of sh 15,000 on 1st June 2007.
The following transactions were conducted.
June 2, A debtor paid sh 40,000 by cheques
June 10, The business bought stock sh 10,000 in cash
June 15, Sold goods sh 30,000 cash.
Required:
Prepare a two column cash book.