- A necessary aspect of planning
- A tool for correcting development plans that are not feasible
- A standard measure of government performances
- Forces the government to prioritise its projects and plans
- Reflects government monetary policies used to control the supply of money
- Evaluates the success and failures of the economy
- Motivates the facilitators to meet the set objective by working hard
sharon kalunda answered the question on March 4, 2019 at 12:53
- Differentiate between Balance of trade and Balance of payments(Solved)
Differentiate between Balance of trade and Balance of payments
Date posted: March 4, 2019. Answers (1)
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development. Highlight any four adverse effects that such nations may experience...(Solved)
In the recent past many countries have adopted trade liberalization as the way forward to
development. Highlight any four adverse effects that such nations may experience due
to liberalization
Date posted: March 4, 2019. Answers (1)
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List four methods used by the central bank of Kenya in credit control
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- Name four characteristics that should be posed by goods in order for them to be described
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Name four characteristics that should be posed by goods in order for them to be described
as wealth.
Date posted: March 4, 2019. Answers (1)
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Give four reasons why most organization prefer oral interviews whenever they are
recruiting new employees/staff.
Date posted: March 4, 2019. Answers (1)
- The law of demand states that ‘Other things being equal, a fall in price will lead to an
increase in quantity demanded .’Highlight any Four circumstances...(Solved)
The law of demand states that ‘Other things being equal, a fall in price will lead to an
increase in quantity demanded .’Highlight any Four circumstances under which this
law may not hold.
Date posted: March 4, 2019. Answers (1)
- In the spaces provided below indicate the level of production that relates to each of the
following activities
Activity ...(Solved)
In the spaces provided below indicate the level of production that relates to each of the
following activities
Activity Level of production
Selling goods in a shop __________________________________
Fishing from a river __________________________________
Growing maize __________________________________
Making leather belts __________________________________
Date posted: March 4, 2019. Answers (1)
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State any four benefits accruing as a result of SmithKline Beecham merging with Glaxowellcome
Date posted: March 4, 2019. Answers (1)
- The government of Kenya has been adopting the policy of privatisation of firms.
Discuss some of the benefits that the Kenyan people reap from this policy.(Solved)
The government of Kenya has been adopting the policy of privatisation of firms.
Discuss some of the benefits that the Kenyan people reap from this policy.
Date posted: March 4, 2019. Answers (1)
- Odhiambo’s publishing company recently joined the Nairobi stock exchange.
Describe five benefits(Solved)
Odhiambo’s publishing company recently joined the Nairobi stock exchange.
Describe five benefits
Date posted: March 4, 2019. Answers (1)
- Opportunities exist for purchasing of necessary durable goods by instalment
(a) Describe two methods commonly used for this purpose
(b) Mention three advantages of each to:
(i)...(Solved)
Opportunities exist for purchasing of necessary durable goods by instalment
(a) Describe two methods commonly used for this purpose
(b) Mention three advantages of each to:
(i) Manufacturers
(ii) Consumers
(c) Give any two differences of the two methods
Date posted: March 4, 2019. Answers (1)
- Explain five diseconomies that may be suffered by firms due to large scale production.(Solved)
Explain five diseconomies that may be suffered by firms due to large scale production.
Date posted: March 4, 2019. Answers (1)
- The following balance were extracted from the books of Charles & Sons Co.
as at May 31st 2002 .
Capital ...(Solved)
The following balance were extracted from the books of Charles & Sons Co.
as at May 31st 2002 .
Capital 600,000
Net profit 130,000
Plant fixtures 160,000
Equipment’s 100,000
Buildings 240,000
Office furniture 10,000
Stock 192,000
Cash 118,000
Debtors 158,000
Pre-paid expenses 22,000
Creditors 130,000
Outstanding expenses 20,000
Bank overdraft 110,000
Required :
(i) Prepare a balance sheet as at 31st may 2002
(ii) Calculate
(a) Working capital
(b) Current ratio
(c) Net profit as percentage to capital
Date posted: March 4, 2019. Answers (1)
- The sales from Mambo stores for the year 1999 was Ksh 99,000. Given that goods are
usually sold at a margin of 20%, what was the...(Solved)
The sales from Mambo stores for the year 1999 was Ksh 99,000. Given that goods are
usually sold at a margin of 20%, what was the gross profit for the year.
Date posted: March 4, 2019. Answers (1)
- Enter the following transaction into a cash book and balance it as at 20th March 1995.
March 2nd started business with Kshs. 28,000 of which Kshs....(Solved)
Enter the following transaction into a cash book and balance it as at 20th March 1995.
March 2nd started business with Kshs. 28,000 of which Kshs. 8000 was banked .
March 4. Bought stock from Nekesa worth Kshs 2000 and paid by cheque.
March 6. Paid wages in cash Ksh 4000.
March 10.Received a cheque for Kshs. 3000 from a debtor
March 20. Deposited cash in bank from cash till Kshs. 3000.
Date posted: March 4, 2019. Answers (1)
- The following is a demand/ supply schedule for kerosene. Draw a diagram to illustrateusing your own scale 5mksAlso find the equilibrium price / quantitiesPrice ...(Solved)
The following is a demand/ supply schedule for kerosene. Draw a diagram to illustrate
using your own scale 5mks
Also find the equilibrium price / quantities
Price--------Quantity Demanded Per day Per day--------Quantity Supplied Per day Per day
5--------60------------10
7--------50------------15
10-------40------------20
15-------35------------25
20-------30------------30
25-------25------------35
30--------20-----------40
Date posted: March 4, 2019. Answers (1)
- The following information was extracted from the books of Roadside kiosk as at
Sept 30th 1999:
Cash at hand ...(Solved)
The following information was extracted from the books of Roadside kiosk as at
Sept 30th 1999:
Cash at hand Shs. 30,000
Capital 170,000
Creditors 40,000
Stock 70,000
Purchases 150,000
Sales 205,000
Debtors 65,000
Motor vehicles 100,000
Prepare a trial balance as at 30th Sept 1999.
Date posted: March 4, 2019. Answers (1)
- The following information was extracted from the books of a trader :
Creditors ...(Solved)
The following information was extracted from the books of a trader :
Creditors sh 60,000
Cash at bank 20,000
Debtors 40,000
Stock 70,000
Calculate :
(i) Current ratio
(ii) Quick ratio
Date posted: March 4, 2019. Answers (1)
- a) The following balances were extracted from the books of spikes Ltd on 31st Dec 2001.
...(Solved)
a) The following balances were extracted from the books of spikes Ltd on 31st Dec 2001.
Shs.
Fixed Assets 42,000
Stock 48,000
Debtors 50,000
Bank overdraft 25,000
Creditors 40,000
Cash in hand 2,000
Capital 77,000
During the month of January, the following transactions took place.
a) Bought motor vehicle on credit valued at Kshs. 80,000 from General motors.
b) Withdrew sh. 28,000 for personal use.
Prepare a balance sheet as at 31st Jan 2002 for spikes Ltd.
Date posted: March 4, 2019. Answers (1)
- The following balances were extracted from the books of MM traders on 31st January 2002.
Item ...(Solved)
The following balances were extracted from the books of MM traders on 31st January 2002.
Item Amount
Sales 10,000
Purchases 6,000
Bank loan 2,000
Buildings 30,000
Machinery 40,000
Premises 60,000
Debtors 5,000
Creditors 4,000
Opening Stock 7,000
Capital 132,000
You are required to prepare a trial balance for MM traders as at 31st January 2002 from
the above information.
Date posted: March 4, 2019. Answers (1)