- Records can be easily retrieved
- Time saving
- Clean and tidy records produced
- Minimum storage space required
- Accuracy is enhanced
- Cost of maintenance lower
- Not easily damaged
- Not easily lost
gideon1 answered the question on October 1, 2017 at 05:01
- State four functions of an invoice in commercial transactions.(Solved)
State four functions of an invoice in commercial transactions.
Date posted: October 1, 2017. Answers (1)
- List four ways in which filing of documents may facilitate smooth running of an office.(Solved)
List four ways in which filing of documents may facilitate smooth running of an office.
Date posted: October 1, 2017. Answers (1)
- Highlight four reasons why people choose to be entrepreneurs.(Solved)
Highlight four reasons why people choose to be entrepreneurs.
Date posted: October 1, 2017. Answers (1)
- Give the characteristics of a successful entrepreneur.(Solved)
Give the characteristics of a successful entrepreneur.
Date posted: September 30, 2017. Answers (1)
- Explain five advantages of buying goods from a departmental store.(Solved)
Explain five advantages of buying goods from a departmental store.
Date posted: September 30, 2017. Answers (1)
- Explain five circumstances under which a high population growth may be desirable to a
country.(Solved)
Explain five circumstances under which a high population growth may be desirable to a
country.
Date posted: September 30, 2017. Answers (1)
- Explain five factors that should be considered when choosing means of communication.(Solved)
Explain five factors that should be considered when choosing means of communication.
Date posted: September 30, 2017. Answers (1)
- Explain five factors that an entrepreneur would consider when evaluating a business idea(Solved)
Explain five factors that an entrepreneur would consider when evaluating a business idea.
Date posted: September 30, 2017. Answers (1)
- Explain four features of monopoly as a form of product market.(Solved)
Explain four features of monopoly as a form of product market.
Date posted: September 30, 2017. Answers (1)
- Explain five problems encountered when calculating consumer price indices.(Solved)
Explain five problems encountered when calculating consumer price indices.
Date posted: September 30, 2017. Answers (1)
- Highlight four features of business assets.(Solved)
Highlight four features of business assets.
Date posted: September 30, 2017. Answers (1)
- State four factors that may lead to unfavourable terms of trade.(Solved)
State four factors that may lead to unfavourable terms of trade.
Date posted: September 30, 2017. Answers (1)
- State four factors that determine the period for which documents should be filed.(Solved)
State four factors that determine the period for which documents should be filed.
Date posted: September 30, 2017. Answers (1)
- State four factors that could hasten the economic development of a country.(Solved)
State four factors that could hasten the economic development of a country.
Date posted: September 30, 2017. Answers (1)
- Indicate whether the following taxes are Direct or Indirect.
Tax Type of tax
(a)corporation tax
(b)value added tax(VAT)
(c)Capital gains tax
(d)Excise(Solved)
Indicate whether the following taxes are Direct or Indirect.
Tax Type of tax
(a)corporation tax
(b)value added tax(VAT)
(c)Capital gains tax
(d)Excise
Date posted: September 30, 2017. Answers (1)
- Outline four ways in which households contribute to national income.(Solved)
Outline four ways in which households contribute to national income.
Date posted: September 30, 2017. Answers (1)
- Highlight four ways of generating business ideas.(Solved)
Highlight four ways of generating business ideas.
Date posted: September 30, 2017. Answers (1)
- For each of the following transactions,indicate the source documents from which the following
transactions would be recorded.
Transaction Source document
(a)Sales of goods on credit
(b)Correction of an overchange
(c)Goods...(Solved)
For each of the following transactions,indicate the source documents from which the following
transactions would be recorded.
Transaction Source document
(a)Sales of goods on credit
(b)Correction of an overchange
(c)Goods returned by customer
(d)Purchase on credit
Date posted: September 30, 2017. Answers (1)
- State four circumstances that may influence a firm to locate its operation near the source of raw
materials.(Solved)
State four circumstances that may influence a firm to locate its operation near the source of raw
materials.
Date posted: September 30, 2017. Answers (1)
- State four problems that a country may suffer when the government becomes a major investor in
business activities.(Solved)
State four problems that a country may suffer when the government becomes a major investor in
business activities.
Date posted: September 30, 2017. Answers (1)