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Form 4 Business Studies paper 1 questions and answers model test paper 6
Indicate the best type of document to use in the following situations
a)Issued by a transport trader without his own transport means
b)To correct overcharge in the invoice
c)Written by a debtor to the seller acknowledging that a debt exists
d)Written by an exporter to his bank authorizing the bank to sell goods that the importer is unable to pay for.
a)Issued by a transport trader without his own transport means
b)To correct overcharge in the invoice
c)Written by a debtor to the seller acknowledging that a debt exists
d)Written by an exporter to his bank authorizing the bank to sell goods that the importer is unable to pay for.
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Explanation/Answer Text:
Questions/Lessons on this topic:
1. Highlight four advantages of direct taxation. ()
2. Many trading blocs particularly in Africa face numerous challenges. Outline four challenges they face. ()
3. Outline four characteristics of debentures as a source of finance for a company ()
4. State four reasons why it is important to locate a warehouse to a point of entry into a country ()
5. Outline four contents of goods business plan. ()
6. State four advantages of specialization and division of labour ()
7. Highlight four factors that may determine the amount of premium to be paid in life assurance. ()
8. Highlight four modern trends in product promotion ()
9. Outline four circumstances under which the nature of goods would influence the choice of means of transport ()
10. Highlight four ways that could be used to determine the prices of goods and services ()
11. The central bank is a banker to the government.Outline four banking services it provides to the Kenyan government ()
12. State four positive effects of inflation ()
13. Highlight four features of postal orders ()
14. Identify four possible causes of structural unemployment ()
15. Highlight four factors that account for wage difference among workers with similar qualification. ()
16. State four factors that influence the amount of capital borrowed by a business enterprise ()
17. State four circumstances when face to face communication may be appropriate ()
18. Outline four factors that hinder development in most African countries ()
19. State four internal diseconomies of scale ()
20. Indicate the best type of document to use in the following situations a)Issued by a transport trader without his own transport means b)To correct overcharge in the invoice c)Written by a debtor to the seller acknowledging that a debt exists d)Written by an exporter to his bank authorizing the bank to sell goods that the importer is unable to pay for. ()
1. Highlight four advantages of direct taxation. ()
2. Many trading blocs particularly in Africa face numerous challenges. Outline four challenges they face. ()
3. Outline four characteristics of debentures as a source of finance for a company ()
4. State four reasons why it is important to locate a warehouse to a point of entry into a country ()
5. Outline four contents of goods business plan. ()
6. State four advantages of specialization and division of labour ()
7. Highlight four factors that may determine the amount of premium to be paid in life assurance. ()
8. Highlight four modern trends in product promotion ()
9. Outline four circumstances under which the nature of goods would influence the choice of means of transport ()
10. Highlight four ways that could be used to determine the prices of goods and services ()
11. The central bank is a banker to the government.Outline four banking services it provides to the Kenyan government ()
12. State four positive effects of inflation ()
13. Highlight four features of postal orders ()
14. Identify four possible causes of structural unemployment ()
15. Highlight four factors that account for wage difference among workers with similar qualification. ()
16. State four factors that influence the amount of capital borrowed by a business enterprise ()
17. State four circumstances when face to face communication may be appropriate ()
18. Outline four factors that hinder development in most African countries ()
19. State four internal diseconomies of scale ()
20. Indicate the best type of document to use in the following situations a)Issued by a transport trader without his own transport means b)To correct overcharge in the invoice c)Written by a debtor to the seller acknowledging that a debt exists d)Written by an exporter to his bank authorizing the bank to sell goods that the importer is unable to pay for. ()
