Get premium membership and access questions with answers, video lessons as well as revision papers.
i. No accurate in the private sector.
ii. Expenditure for the subsistence sector can only be mere approximations due to lack of records
in the sector.
iii. Differentiating between final expenditure and intermediate expenditure may be difficult.
iv. It suffers the problem of double counting.
v. Fluctuating exchange rates may face challenges especially in valuation of exports and imports
gideon1 answered the question on October 14, 2017 at 09:39
- Outline four forms of Personal Selling(Solved)
Outline four forms of Personal Selling
Date posted: October 14, 2017. Answers (1)
- Outline four challenges that a new entrepreneur will experience when establishing business in
Kenya.(Solved)
Outline four challenges that a new entrepreneur will experience when establishing business in
Kenya.
Date posted: October 14, 2017. Answers (1)
- Highlight four factors to be considered by an individual when holding money for precautionary
motive.(Solved)
Highlight four factors to be considered by an individual when holding money for precautionary
motive.
Date posted: October 14, 2017. Answers (1)
- Highlight five principles of cooperation(Solved)
Highlight five principles of cooperation
Date posted: October 13, 2017. Answers (1)
- Highlight three disadvantages of globalization to a business enterprise(Solved)
Highlight three disadvantages of globalization to a business enterprise
Date posted: October 13, 2017. Answers (1)
- Outline four circumstances under which cash may be used in a business(Solved)
Outline four circumstances under which cash may be used in a business
Date posted: October 13, 2017. Answers (1)
- State five types of information that a manager may communicate to the juniors.(Solved)
State five types of information that a manager may communicate to the juniors.
Date posted: October 12, 2017. Answers (1)
- Highlight four activities that may be carried out in a stock exchange market.(Solved)
Highlight four activities that may be carried out in a stock exchange market.
Date posted: October 12, 2017. Answers (1)
- State the disadvantages of controlled market.(Solved)
State the disadvantages of controlled market.
Date posted: October 12, 2017. Answers (1)
- Highlight the advantages of controlled market.(Solved)
Highlight the advantages of controlled market.
Date posted: October 12, 2017. Answers (1)
- State the disadvantages of free -market systems.(Solved)
State the disadvantages of free-market systems.
Date posted: October 12, 2017. Answers (1)
- Outline the advantages of free -market systems.(Solved)
Outline the advantages of free market systems.
Date posted: October 12, 2017. Answers (1)
- Highlight activities that may be carried out in a stock exchange market(Solved)
Activities that may be carried out in a stock exchange market.
Date posted: October 11, 2017. Answers (1)
- Outline tasks that may be carried out by a receptionist in an office.(Solved)
Outline tasks that may be carried out by a receptionist in an office.
Date posted: October 11, 2017. Answers (1)
- State reasons why the government should create an enabling environment for investors(Solved)
Reasons why the government should create an enabling environment to investors:
Date posted: October 11, 2017. Answers (1)
- Outline measures the government may use to create an enabling environment(Solved)
Outline measures the government may use to create an enabling environment
Date posted: October 11, 2017. Answers (1)
- Outline factors that may limit the operations of an open air market operator(Solved)
Outline factors that may limit the operations of an open air market operator
Date posted: October 11, 2017. Answers (1)
- Explain five services offered by wholesalers to manufacturers(Solved)
Explain five services offered by wholesalers to manufacturers
Date posted: October 11, 2017. Answers (1)
- Outline disadvantages of specialization.(Solved)
Disadvantages of specialization
Date posted: October 11, 2017. Answers (1)
- Describe five principles under which insurance practice is carried out in Kenya(Solved)
Describe five principles under which insurance practice is carried out in Kenya
Date posted: October 11, 2017. Answers (1)