Summary

• Description:

  The PDF document comprises Friends School Kamusinga Business Studies Paper 2 2026 Mock Exam with Answers (Marking Scheme). The marking scheme is towards the end of the file.

  It was a KCSE Business Studies 565/2 examination.

  This assessment provides comprehensive coverage of macroeconomic concepts, commercial transport systems, business organization legalities, financial accounting, and national development planning. It serves as an in-depth revision guide for essay-writing and ledger accounting proficiencies.

  • Month Administered: July 2026
  • Duration: 2 ½ Hours
  • Total Marks: 100
  • Number of Questions: 6 (Questions 1 – 6)
  • Structure: The paper contains six extended-response questions carrying 20 marks each; candidates are required to attempt any five questions.

  It covers the following topics:

  • Classification of economic resources (natural, human, man-made, renewable, non-renewable)
  • Sea transport: limitations, operational risks, and infrastructural challenges
  • Price determination methods outside forces of demand and supply (price controls, subsidies, taxation, bargaining, tendering, auctioning)
  • Public finance: economic merits of indirect taxation
  • Entrepreneurship: contributions to economic growth, employment creation, and resource utilization
  • Financial accounting: preparation of a two-column cash book and contra transactions
  • Business organizations: key clauses in the Memorandum of Association of a limited liability company
  • Retail trade: operational and administrative characteristics of chain stores
  • Transport sector: emerging trends, technological innovations, and modernization
  • Economic development: rationales and significance of national development planning
  • Business communication: principles and conditions favoring effective written communication
  • Books of original entry: preparation of a Cash Payments Journal and ledger postings
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

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