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Business Studies Form Four Question Paper

Business Studies Form Four

Course:Secondary Level

Exam Year:2012

1. State four features of labour as a factor of production 4marks
2. State four roles of ethics in business 4marks
3. State the books of originat entry into which of the following transactions would be entered. Stating the source document used in each case
i. When goods are sold on credit
ii. When goods previosly sold on credit are returned
iii. When purchases are made on credit
iv. When cash is recieved for goods sold
4. State four merits of replacing manual system with automated ones in carrying out office activities 4marks
5. Outline four functions of a market 4marks
6. The national income measure using the expenditure approach is item by Y= C <*1+G * (X-M). State what is represented by each of the letters in the equation 4marks
7. Highlight four circumstances under which a manufacturer would sell his products directly to a consumer 4marks
8. State four functions of money 4marks
9. State four characteristics of human wants 4marks
10. State four factors that determine the size of a firm 4marks
11. Highlight four prominent features of retailer's warehouse 4marks
12. Outline four reasons why the government need to licence businesses in the country 4marks
13. State four uses of a credit note in good trade 4marks
14. State four reasons why the government should adopt a protectionism policy in its international trade 4marks
15. Highlight four advantages of private carriers in transport 4marks
16. State four disadvantages of localisation 4marks
17. Outline four factors that influences the supply of money in an economy 4marks
18. She prospective insured is supposed to disclose all the information about the subject matter of insurance will all honesty. Mention any four types of information 4marks
19. With the age of a diagram, state the effect of an increase in the supply of a product on the equilibrium price and quantity 4marks
20. State four social responsibilities a business should have to its financiers 4marks

Business Studies Form Four Question Paper

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