Summary

• Description:

  The PDF document comprises The ELITES JET Business Studies Paper 1 Pre-Mock 2026 Exam with Answers (Marking Scheme). The marking scheme is in a different document.

  It was a Business Studies Paper 1 examination focusing on fundamental business concepts, accounting principles, and economic theories.

  • Month Administered: March 2026
  • Duration: 2 hours
  • Number of Questions: 25

  It covers the following topics:

  • Entrepreneurship and production (functions, manufacturing vs. constructive production)
  • Human wants, choice, and opportunity costs
  • Office management and worker motivation
  • Accounting basics (ledger entries, double-entry system, trial balances)
  • Business ownership and formation (limited liability company documents)
  • Economic development (attracting firms, national income calculation via income approach)
  • Communication and transport (courier services, road carnage, rail transport)
  • Insurance principles (compensation calculations for property damage)
  • Trade (export channels, mail order stores, home trade source documents)
  • Financial statements (calculating initial capital, preparing a balance sheet)
  • Consumer protection (Food and Drugs Act safeguards)
  • Market structures and economics (supply curves, oligopoly features, motives for holding money)
  • Office equipment and machinery identification
• Category:

  Mock Past Papers
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES

Enter your details below to initiate a payment using MPESA.