Summary

• Description:

  The MS Word document comprises AIC CHAMPION JOINT Business Studies Paper 1 2026 Mock Exam with Answers (Marking Scheme). The PDF version is also available upon your request. The marking scheme is in a different document.

  It was a KCSE Business Studies 565/1 examination.

  This paper tests essential business concepts spanning commercial activities, economics, office practice, financial accounting, distribution, and government involvement in commerce.

  • Month Administered: July 2026
  • Duration: 2 Hours
  • Number of Questions: 25 (Questions 1–25)
  • Structure: 25 compulsory short-answer questions testing foundational business knowledge.

  It covers the following topics:

  • Branches and scope of Business Studies
  • Types and classification of economic inflation
  • Government participation in creating an enabling commercial environment
  • Macroeconomic challenges: unemployment solutions and categories of government expenditure
  • Accounting: balance sheet equation effects of business transactions
  • Commercial trade: retail services offered to end-consumers
  • Price theory: non-market methods of price determination
  • Macroeconomics: assumptions of the circular flow of income
  • Entrepreneurship: sources of business ideas for school leavers
  • Source documents in trade and their corresponding books of original entry
  • Monetary theory: determinants of cash held for the transaction motive
  • Production: factors influencing industrial plant location near raw materials
  • Financial accounting: calculation of liabilities and balance sheet preparation
  • Sales promotion: advantages of showrooms in personal selling
  • Insurance: principles of indemnity and under-insurance compensation calculations
  • International trade: distribution channels for Kenyan agricultural produce
  • Market structures: characteristics of monopoly markets
  • Balance sheet equation and capital determination
  • Communication: postal and courier services
  • Bookkeeping: preparation of a two-column cash book
  • Business finance: types and features of debentures
  • Office administration: advantages of open-plan office layouts
  • Terms of payment: circumstances for utilizing Cash With Order (C.W.O.)
• File Size:

  30.85 KB
• Length:

  7 pages
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  Business Studies
• Posted By:

  Caleb_Peter

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