Summary

• Description:

  The PDF document comprises Mirror Jet 2024 Business Studies Paper 2 Exam with Answers and Marking Scheme. The marking scheme is in a different document.

  It was a KCSE Business Studies (Theory) Paper 2 (565/2) examination administered during the Mirror Jet Exams Term Two 2024 series.

  • Duration: 2 Hours 30 Minutes
  • Total Marks: 100
  • Number of Questions: 6
  • Instruction: Candidates answered any five questions.

  The paper consisted of structured essay and calculation questions that assessed deeper understanding of business concepts, entrepreneurship, accounting, trade and economic development.

  It covered the following topics:

  • Characteristics and nature of economic resources
  • Causes and possible solutions to unemployment in Kenya
  • Advertising media and limitations of newspapers as a promotional channel
  • Role of international trade in national economic development
  • Importance and benefits of preparing a business plan
  • Preparation of Trading, Profit and Loss Account from a trial balance
  • Differences between private limited companies and public limited companies
  • Factors influencing demand for goods such as tea
  • External business environment factors affecting business operations
  • Principles of insurance governing relationships between insurer and insured
  • Characteristics of good money and functions of currency
  • Recording financial transactions in ledger accounts
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES

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