Summary

• Description:

  The MS Word document comprises RCEA 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 Paper 1 mock examination evaluating broad conceptual knowledge across commerce, accounting, business management, microeconomics, and public finance. It tests the ability to analyze market demand, perform bookkeeping entries, evaluate transport networks, and understand macroeconomic indicators.

  • Month Administered: July 2026
  • Duration: 2 Hours
  • Number of Questions: 25 (Questions 1 - 25)
  • Structure: Single compulsory paper comprising 25 short-answer, structured, and accounting calculation questions.

  It covers the following topics:

  • Production and commerce: factors of production, customer after-sales services, business ethics, and labor productivity improvement strategies
  • Banking and payments: cheque usage circumstances, credit card benefits, and cash with order (C.W.O.) terms of sale
  • Demography and transport: economic implications of a youthful population and characteristics of ocean liners in sea transport
  • Financial accounting: extraction of trial balances from ledger accounts and preparation of profit and loss statements
  • Public sector and international finance: state corporation privatization motives and functions of the World Bank (IBRD)
  • Microeconomics: determinants of rightward shifts in market demand curves and sources of firm monopoly power
  • Commercial services: core principles of insurance, business letters demerits, and international trade shipping terms (Franco and Free Alongside Ship - FAS)
  • Macroeconomics: levels of inflation, Export Processing Zones (EPZ) benefits, Central Bank contractionary monetary policy tools, and characteristics of developing economies
  • Business ownership and bookkeeping: features of public limited companies, differences between ordinary and preference shares, and two-column cash book preparation
• File Size:

  31.61 KB
• Length:

  9 pages
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  Business Studies
• Posted By:

  Caleb_Peter

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