Summary

• Description:

  The MS Word document comprises Form 4 Business Studies Term 2 Schemes of Work 2025 (New Inventor KLB). The PDF version is also available upon request.

  The schemes of work cover the following topics and subtopics:

  • FINANCIAL STATEMENTS
  • Basic financial ratios: - Mark-up
  • - Margin
  • Using mark-up or margin to prepare a trading account
  • Current ratio or Working capital ratio
  • Rate of stock turnover
  • Stock turn-over and trading account
  • Return on Capital
  • Acid test or quick ratio
  • MONEY & BANKING
  • Introduction
  • Barter trade
  • Money system Characteristics of money
  • Functions of money
  • Demand for money (liquidity preference)
  • Supply of money
  • Banking System
  • Development of Banking
  • Commercial Banks
  • Services offered by commercial banks
  • Non-banking financial institutions
  • Functions of the Central bank
  • Trends in banking
  • PUBLIC FINANCE
  • Purpose of public finance
  • Sources of public finance
  • External borrowing
  • Government expenditure
  • Principles of public expenditure
  • Taxation
  • Principles of taxation
  • Impact and incidence of tax
  • Classification of taxes on basis of structure
  • Classification of taxes on basis of impact on the tax payer
  • - Direct tax
  • Classification of taxes on basis of impact on the tax payer
  • - Indirect tax
  • Topic summary / review
  • INFLATION
  • Introduction Consumer Price index
  • Simple and weighted price relatives
  • Types of inflation
  • Causes of demand- pull inflation
  • Causes of cost- pull inflation
  • Levels of inflation & Effects of inflation on the economy of a country
  • Controlling inflation
  • INTERNATIONAL TRADE
  • Types of International Trade
  • Advantages and disadvantages of International Trade
  • Terms of International Trade
  • Terms of trade among different countries

  The document is neat and printable.

• File Size:

  25.29 KB
• Length:

  8 pages
• Category:

  Schemes of Work
• Level:

  Form 4
• Subject:

  BUSINESS STUDIES
• Posted By:

  Caleb_Peter

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