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- Facilitates phone calls and sending of S.M.S for communication
- Facilitate use of E-mail
- Product promotion through access to internet
- Money transfer services e.g. M-pesa or Zap
- Can access mobile bank services e.g. account status
Kavungya answered the question on April 1, 2019 at 08:34
- Highlight four factors to be considered in determining the sum insured in the life insurance.(Solved)
Highlight four factors to be considered in determining the sum insured in the life insurance.
Date posted: April 1, 2019. Answers (1)
- The following information was extracted from the books of Misikhu traders
Rate of Turnover 3 times
Mark up ...(Solved)
The following information was extracted from the books of Misikhu traders
Rate of Turnover 3 times
Mark up 20%
Opening stock shs90,000
Closing stock shs150,000
Calculate
(a) Gross profit
(b) Purchases
(c) Sales
Date posted: April 1, 2019. Answers (1)
- Mr. Muriuki, a newly employed teacher intends to join a Mwalimu Sacco. Outline four
benefits to expect(Solved)
Mr. Muriuki, a newly employed teacher intends to join a Mwalimu Sacco. Outline four
benefits to expect
Date posted: April 1, 2019. Answers (1)
- State four disadvantages of hire purchase to the buyer.(Solved)
State four disadvantages of hire purchase to the buyer.
Date posted: April 1, 2019. Answers (1)
- List four disadvantages of under population(Solved)
List four disadvantages of under population
Date posted: April 1, 2019. Answers (1)
- Prepare a corrected balance sheet from the following(Solved)
Prepare a corrected balance sheet from the following
Date posted: April 1, 2019. Answers (1)
- State four disadvantages of using cheques as a means of payment(Solved)
State four disadvantages of using cheques as a means of payment
Date posted: April 1, 2019. Answers (1)
- Distinguish in four ways the Jua kali sector from the manufacturing sector.(Solved)
Distinguish in four ways the Jua kali sector from the manufacturing sector.
Date posted: April 1, 2019. Answers (1)
- Highlight four factors that are causing many firms to collapse(Solved)
Highlight four factors that are causing many firms to collapse
Date posted: April 1, 2019. Answers (1)
- State why you will advice an office manager to use an open office layout instead of an enclosed office layout(Solved)
State why you will advice an office manager to use an open office layout instead of an enclosed office layout
Date posted: March 29, 2019. Answers (1)
- State ways in which landscape office layout can be created(Solved)
State ways in which landscape office layout can be created
Date posted: March 29, 2019. Answers (1)
- State and explain the main reasons why businesses exists.(Solved)
State and explain the main reasons why businesses exists.
Date posted: March 29, 2019. Answers (1)
- Highlight four methods that are used by monopolistic firms to differentiate its products. (Solved)
Highlight four methods that are used by monopolistic firms to differentiate its products.
Date posted: March 28, 2019. Answers (1)
- Explain the term credit creation as practised by commercial banks. (Solved)
Explain the term credit creation as practised by commercial banks.
Date posted: March 28, 2019. Answers (1)
- Define the term central bank(Solved)
Define the term central bank
Date posted: March 28, 2019. Answers (1)
- Outline the advantages of running a fixed deposit account to an account holder(Solved)
Outline the advantages of running a fixed deposit account to an account holder
Date posted: March 28, 2019. Answers (1)
- Highlight the factors that influence the supply of money in circulation. (Solved)
Highlight the factors that influence the supply of money in circulation.
Date posted: March 28, 2019. Answers (1)
- Outline the adverse effects of high taxation (Solved)
Outline the adverse effects of high taxation
Date posted: March 28, 2019. Answers (1)
- Ayub's capital at the beginning of the trading period was sh.300000. During the year he invested additional capital of sh.26000 in form of cash. He...(Solved)
Ayub's capital at the beginning of the trading period was sh.300000. During the year he invested additional capital of sh.26000 in form of cash. He also took sh.40000 in cash and stock valued at sh.25000 from the business for his personal use
Determine Ayub's capital at the end of the trading period
Date posted: March 28, 2019. Answers (1)
- The following information refers to tea traders for the year ended 31/12/04
Sales ...(Solved)
The following information refers to tea traders for the year ended 31/12/04
Sales 800,000
Expenses 10,000
Commission received 15,000
Purchases 700,000
Opening stock 250,000
Margin 20%
Prepare trading, profit & loss a/c for the year ended 31/12/04
Date posted: March 27, 2019. Answers (1)