Summary

• Description:

  The MS Word document comprises Nakuru North Joint Mock 2024 Business Studies Paper 1 Exam with Answers and Marking Scheme. The PDF version is also available upon your request. The marking scheme is in a different document.

  It is a KCSE Business Studies Paper 1 (565/1) Joint Mock Examination that was administered in July/August 2024 for schools in Nakuru North Sub-County.

  • Duration: 2 Hours
  • Total Marks: 100
  • Number of Questions: 25

  The paper required candidates to answer all questions in the spaces provided in the question paper.

  It covers the following topics:

  • Channels of distribution and their effects on buyers
  • Computation of cost of sales, gross profit, sales, and rate of stock turnover
  • Types of unemployment including structural, technological, cyclical, and disguised unemployment
  • Documents prepared by buyers in home trade
  • Merits of direct taxes as a source of government revenue
  • Influence of the economic environment on business activities
  • Roles of advertising agencies in product promotion
  • Government initiatives that promote entrepreneurial development in Kenya
  • Source documents used in recording business transactions
  • Factors to consider when establishing warehouse services
  • National income calculation using the expenditure approach
  • Types of demand including joint demand and derived demand
  • Factors contributing to declining birth rates
  • Characteristics of a viable business idea
  • Documents required when forming a company
  • Government barriers to international trade
  • Classification of accounts into personal, nominal, real, and private accounts
  • Reasons for the growing popularity of shopping malls in Kenya
  • Preparation of balance sheets from given financial information
  • Factors hindering economic development in African countries
  • Reasons for reinsurance in the insurance industry
  • Calculation of Consumer Price Index (CPI) and determination of inflation levels
  • Conditions necessary for a valid insurance contract
  • Preparation of a trial balance using given ledger balances
  • Characteristics of basic human wants
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES

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