Reference no: EM132719775
Questions
1. State factors that may affect the geographical mobility of labour.
2. Outline four ways in which commercial attaches may promote trade between 1,320,000 1320,000 . their country and other countries.
3. Amboseli Enterprises has been spending heavy on promotion for its products though its sales have consistently declined. Outline four measures that the company take to reverse the trend
4. Write the type of demand represented by each of the following statements
(i) Demand for a commodity causes an increase in demand for another Commodity
(ii) Demand for one commodity calls for demand of another commodity
5. The following balances were extracted from the books of Saku traders on 31 March 2008 Fixed assets 300,000 Current assets 123, 700 Creditors 84, 500 5 year loan 125,000 Determine the net worth of the business as at 31st March 2008
6. Indicate the type of journal in which each of the following transaction would be recorded. Transaction Type of journal
(i)
(ii)
(iii)
(iv) Goods previously sold on credit were returned Goods bought on credit Goods sold for cash Motor vehicle sold on credit
7. A trader has decided to take a loan to expand a manufacturing business. Give two reasons why it is beneficial to borrow from a non- bank financial institution
8. State four items that usually appear the credit side of the current account of a country
9. Outline four benefits that may accrue to a business from a country's political stability
10. A lucrative manufacturing firm been constantly releasing toxic wastes into the neighborhood. Outline four measures you can take to stop the firm from such . malpractice
11. Outline four factors that should be considered in the choice of a means of transporting perishable goods
12. Outline four circumstances which face to face communication may be ineffective
13. Highlight four benefits that would accrue to a firm located near other existing firms
14. Country X has been experiencing an upward trend in the price of petrol as a result of a rise in inflation. State four steps that can be taken to minimize expenditure on this product.
15. Outline four reasons why an increase in per capital income may not necessarily lead to a rise in the standard of living of the citizens
16. The bookkeeper of trade Traders extracted the following information from the accounting records 1.1 2007 31.12.2007 . Kshs Kshs Suppliers 465, 000 640,000 Discount received - 12,000 Purchases returns - 25,000 During the year ended 31.12.2007, suppliers were paid Kshs 1,500, 000 while cash purchases amounted to Kshs 800,000 Determine the purchases for the year
17. Outline four circumstances that would make an office manager to replace an existing machine with modern one
18. Outline four reasons why hypermarkets are becoming increasingly popular in Kenya
19. The graph below the rate of population growth of a given country. Outline four factors that may have contribute to the trend between s and t
20. Kazim maintains a petty cashbook on a weekly interest of Kshs 13,000 on 1st April 2007 the cash balance was Kshs 2,570 During the week of April, the following transactions took place 2007 April 2 Received reimbursement from the main cashier 3 Paid Kshs 3,070 for cleaning materials 4 Paid Kshs 2,000 bus fare 6 Bought stationery worth Kshs 2,200 Prepare petty cashbook to record the above transactions using cleaning stationery and bus fare columns
21. Highlight four circumstances under which business enterprises may choose to . merge
22. The following information relates to Maji Mazuri Traders as 31. 12. 2008 Fixed assets 400,000 Stock 120,000 Current liabilities 60,000 Net profit for the current 100,000 Calculate:
(i) Rate of return on capital employed
(ii) Current ratio
23. Highlight four factors that must be considered before incurring public expenditure
24. Outline four benefits that accrue to the government as a result of privatization of public enterprises
(a).
(b)
(c)
(d)
25. KAMAT owned a motor vehicle valued at Kshs 1,000,000. He comprehensively insured the car at Kshs 800,000. The motor vehicle was involved and declared a write off. Calculate the amount KAMAT should get from the insurer.