Summary

• Description:

  The PDF document comprises KALA Joint Trials 2024 Business Studies Paper 1 Exam with Answers and Marking Scheme. The marking scheme is in a different document.

  It was a KCSE Business Studies Paper 1 (565/1) Trial examination administered in July 2024.

  • Duration: 2 Hours
  • Total Marks: 100
  • Number of Questions: 25 (Questions 1–25)
  • Instructions: Candidates were required to answer all questions and show all workings where necessary. Non-programmable silent electronic calculators were allowed.

  The paper consisted of structured short-answer and calculation-based questions assessing understanding of business concepts, accounting procedures, trade practices, and economic principles.

  It covered the following topics:

  • Contents and importance of a business plan
  • Business documents used in trade communication
  • Channels of distribution and the role of wholesalers
  • Essentials and importance of transport in business
  • Preparation of trial balance using accounting records
  • Effects of unemployment on the Kenyan youth
  • Improving the internal business environment
  • Office layout and its contribution to efficiency
  • Accounting journals used in recording transactions
  • Government participation in commercial activities
  • Trends in business units such as mergers, acquisitions, privatization and franchising
  • Public warehousing and its disadvantages
  • Types of insurance policies for different business risks
  • After-sale services offered to customers
  • International trade and benefits of relaxing trade restrictions
  • Demand and supply analysis including shifts in supply curves
  • Types of taxes including corporate tax, customs duty, estate duty and excise duty
  • Aids to trade in business operations
  • Stock valuation and determination of closing stock
  • Classification of resources as renewable or non-renewable
  • Benefits of indirect production to society
  • Effects of transactions on balance sheet totals
  • Forms of communication in business including face-to-face communication
  • Types of competition including generic and enterprise competition
  • Reasons why small-scale businesses are popular among local investors
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES

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