- Appropriate resources allocation- putting the resources in the most productive way/ not left idle.
- Stimulates of effort- it enable the government to stimulate the effort of citizens in the desire way.
- Support foreign aid bargain- enable a country to solicit for foreign aid/ donation/grants.
- Project evaluation – it makes it possible to evaluate the plan at various stages of implementation.
- Long term decision making – provides a long term view for making decisions in various sector of the economy.
- Avoiding duplication – different industries are located in different parts of the country.
- Promoting balance in regional development – it help in distributing industries in various parts of the country.
- Help in raising the standard of living – the gov’t looks into lives of various groups in the country.
marto answered the question on November 7, 2019 at 10:40
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Discuss any five reasons why a firm may consider hiring a machine rather than buying.
(Solved)
Discuss any five reasons why a firm may consider hiring a machine rather than buying.
Date posted:
November 7, 2019
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Explain five reasons why affirm may consider hiring a machine rather than buying.
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Explain five reasons why affirm may consider hiring a machine rather than buying.
Date posted:
November 7, 2019
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Give the forms of business units
Date posted:
November 7, 2019
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Answers (1)
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A manufacturing company operates an imprest of sh.10,000. On 1/6/2013 the petty cashier had a balance of sh. 4000. She received a reimbursement to restore...
(Solved)
A manufacturing company operates an imprest of sh.10,000. On 1/6/2013 the petty cashier had a balance of sh. 4000. She received a reimbursement to restore it on 5/6/2013.
The following transactions took place during the month:
June 8 Paid Amos a creditor sh. 500
June 9 Paid postage sh. 300
June 10 Paid for cleaning for sh. 480
June 11 Bought stamps for sh. 180
June 12 Paid for cleaning sh. 750
June 13 Paid for travelling sh. 400
June 14 Paid for tea leaves sh. 450
June 15 Paid for stationery sh. 450
Required:
Prepare the petty cash book for the manufacturing company for the month of June 2013
with the following analysis column.
Travelling, cleaning, stationery, tea, postage, ledger account.
Date posted:
October 31, 2019
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Answers (1)
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The following account balances were extracted from the books of Maisha Traders as at 30th June 2013.
Prepare a trial balance for the business.
(Solved)
The following account balances were extracted from the books of Maisha Traders as at 30th June 2013.
Prepare a trial balance for the business.
Date posted:
October 31, 2019
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Answers (1)
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The following is a list of source documents. Indicate the book of original entry related to each document.
(Solved)
The following is a list of source documents. Indicate the book of original entry related to each document.
Date posted:
October 31, 2019
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Answers (1)
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(Solved)
Name four sources of energy which are environmentally friendly.
Date posted:
October 31, 2019
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Answers (1)
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Study the cash book below and answer the questions that follow:
a)Balance the cash book as at 11.1.014.
b)State the transactions that took place on:
i)5.1.014
iv)State...
(Solved)
Study the cash book below and answer the questions that follow:
a)Balance the cash book as at 11.1.014.
b)State the transactions that took place on:
i)5.1.014
ii)8.1.014
iii)10.1.014
iv)State the name used to refer to the entry on 10.1.014
Date posted:
October 31, 2019
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Answers (1)
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In the spaces provided write decrease, increase or no effect to show the effects of each one of the following transactions on the assets, liabilities...
(Solved)
In the spaces provided write decrease, increase or no effect to show the effects of each one of the following transactions on the assets, liabilities and capital.
Date posted:
October 31, 2019
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Answers (1)
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Nzundu and Theku bought a building for Kshs.12,000,000. Nzundu paid Kshs.8,000,000 while Theku paid Kshs.4,000,000. The building was insured for 8,000,000 against the...
(Solved)
Nzundu and Theku bought a building for Kshs.12,000,000. Nzundu paid Kshs.8,000,000 while Theku paid Kshs.4,000,000. The building was insured for 8,000,000 against the risk of fire. Later the building was partially destroyed by fire to a tune of Kshs.6,000,000.
(a) State the amount of compensation likely to be paid by the insurance company.
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Date posted:
October 21, 2019
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Answers (1)
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State the account to be debited and the account to be credited for each of the following transactions.
(Solved)
State the account to be debited and the account to be credited for each of the following transactions.
Date posted:
October 17, 2019
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Answers (1)
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Outline four measures that the sender of a message should take in order to enhance effective communication.
(Solved)
Outline four measures that the sender of a message should take in order to enhance effective communication.
Date posted:
October 17, 2019
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Answers (1)
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Draw a diagram to illustrate how the demand curve of a product shifts to the right.
(Solved)
Draw a diagram to illustrate how the demand curve of a product shifts to the right.
Date posted:
October 17, 2019
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Answers (1)
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Unemployment has been major problem that the Kenyan government has been trying to solve. Explain any five measures that the Kenyan government has taken to...
(Solved)
Unemployment has been major problem that the Kenyan government has been trying to solve. Explain any five measures that the Kenyan government has taken to solve this problem.
Date posted:
October 11, 2019
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Answers (1)
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The following trial balance relates to XYZ ltd.
(Solved)
The following trial balance relates to XYZ ltd.
Required:
Prepare XYZ limited Trading, profit and loss account.
Date posted:
October 11, 2019
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Answers (1)
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Explain five benefits that Kenya enjoys by being a member of the African development Bank.
(Solved)
Explain five benefits that Kenya enjoys by being a member of the African development Bank.
Date posted:
October 11, 2019
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Answers (1)
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On 1st September 2015, Kakamega Traders had shs55, 000 in hand and shs 250,000 in Bank. During the month, the following transactions took place.
(Solved)
On 1st September 2015, Kakamega Traders had shs55, 000 in hand and shs 250,000 in Bank. During the month, the following transactions took place.
Required: Prepare Kakamega Traders 3 –column cash book and balance it off.
Date posted:
October 11, 2019
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Answers (1)
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Explain five features that would be considered when establishing a warehouse for imported goods.
(Solved)
Explain five features that would be considered when establishing a warehouse for imported goods.
Date posted:
October 11, 2019
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Answers (1)
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The table shows some occupation in production .Indicate the level of production associated with each of the following occupations.
(Solved)
The table shows some occupation in production .Indicate the level of production associated with each of the following occupations.
Date posted:
October 11, 2019
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Answers (1)
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Identify four reasons why consumers prepare a scale of preference before spending money on goods and services.
(Solved)
Identify four reasons why consumers prepare a scale of preference before spending money on goods and services.
Date posted:
October 11, 2019
.
Answers (1)