KCSE Paper 2 565/2  (2010-2020)

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BST P2 KCSE 2010-2020 F.docx

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KCSE 2010

  1. (a) Commodities A and B are substitutes. Using two diagrams, explain how an increase in the supply of commodity A will affect the equilibrium price and quantity demanded of commodity B. b) Explain five negative effects that inflation may have on the economy of a country. (10 Marks)
  2. (a) Explain five principles that distinguish co-operative societies from other forms of business organizations. (10 Marks)
    1. Explain five ways of making face-to-face communication effective. (10 Marks)
  3. (a) Given information and required to prepare (i) a TPL (9 Marks) (ii) a Balance Sheet. (5 Marks)
    1. Explain three factors that should be considered when choosing a means of transport. (10 Mks)
  4. (a)  Explain five benefits that a member country may get from economic integration. (10 Marks)
    1. The information in the table below relates to product ZX whose unit price in the market            is sh. 20.
Unit produced (in tones)Total fixed cost Sh.Total variable cost Sh.Total cost Sh.Total average cost Sh.Marginal cost Sh.
0 10 20 30 40 50200 200 200 200 200 2000 50 80 100 140 200   

Required: (i) Determine total costs, average costs and marginal costs at each level. (8 Marks)

                 (ii) Determine the units to be produced in order to maximize profits. (2 Marks)

  • (a) Discuss five problems that a country may face when measuring her national income using the output approach. (10 Marks)
    • Explain five factors that an entrepreneur would consider when evaluating a business idea.
  • (a)  Discuss five benefits that a customer may get by using Automated Teller Machine (ATMs) for financial transactions. (10 Marks)
    • Amina operates a fleet of Public Service Vehicles (PSVs). Explain five possible risks she can insure her business against. (10 Marks)

KCSE 2011

1 (a)  Explain the following types of inflation. (i) Demand-pull inflation (ii) Cost-push inflation (iii)

Imported inflation (iv) Structural inflation. (8 Marks)

b) Explain six factors that may hinder the development of a country. (12 Marks)

2 (a) Explain five circumstances under which containerization may be used to transport goods.(10M) b) Explain the procedure for taking an insurance claim. (5 Marks)

(ii) A farmer’s house valued at sh. 1,200,00 was insured against fire for sh. 900,000 under the “with average clause”. Fire occurred and damaged the house causing a loss of sh. 500,000. Determine the value of compensation due to the farmer. (5 Marks)

  • (a) Discuss five factors that may be considered when choosing a method for promoting a product. b) Describe five features of economic resources. (10 Marks)
  • (a) Explain five befits that may accrue to an organization that adopts an open office. (10 Marks) b) Discuss five circumstances under which a partnership may be dissolved. (10 Marks)
  • (a) Amboseli Roses is a horticultural company producing flowers. Explain six factors that may       influence the choice of a channel for distributing its products. (12 Marks)

b) Give four reasons for maintaining books of original entry. (8 Marks)

6 (a) Discuss five causes of unfavourable balance of payment for most developing countries. (10 M)

b) Given information and three transactions, required to prepare a balance sheet showing the items in their relevant classes. (10 Marks)

KCSE 2012

1 (a) Explain five benefits of division of labour to an organization. (10 Marks)

b) Explain five ways in which computer may be used in an office (10 Marks)

2 (a) Given demand and supply schedules for product A in a week, required to draw demand and supply curves showing the market equilibrium for the product.

Price (sh)Quantity demanded “000” tonesQuantity supplied “000” tones
35 30 25 20 15 10 55 10 20 25 30 40 5580 65 55 40 35 20 5

b) Explain five merits of direct taxes to the government. (10 Marks)

  • (a) Explain five disadvantages that a country would suffer if she restricted trade with other countries.
    • Discuss five factors that may promote entrepreneurship in Kenya.
  • (a) Explain five characteristics of property insurance. (10 Marks)
    • Explain five elements of effective communication. (10 Marks)
  • (a) Given trial balance, required to prepare (i) A profit and loss account (ii) A balance sheet.(12M)
    • Describe four characteristics of services. (8 Marks)
  • (a) A school leaver plans to start a retail business. Explain five types of small-scale shops the person may start. (10 Marks)
    • Explain five circumstances in which a firm may acquire a monopoly power. (10 Marks)

KCSE 2013

1 (a) Explain five benefits that may accrue to a country with a large population of skilled labour force. (10 Marks)

b) Outline five characteristics of an efficient tax system. (10 Marks)

2 (a) Explain five benefits that Kenya may get as a member of COMESA. (10 Marks)

b) Explain five factors that may hinder economic development in Kenya. (10 Marks)

3 (a) Explain five benefits that may be realized by a country as a result of government policy to relocate industries to rural areas. (10 Marks)

b) Given information and gross profit margin as 40% and required to prepare:       (i) a TPL (ii) a balance sheet. (10 Marks)

4 (a) Explain five advantages of advertising to the consumers. (10 Marks)

b)  Given opening balance and some transactions and required to prepare a duly balanced three column cash book. (10 Marks)

5 (a) Outline six circumstances under which a trader may use air transport. (12 Marks)

b) Explain four ways through which a public limited company may be dissolved. (8 Marks)

6 (a) With aid of a diagram, explain the effects of an increase in supply of a commodity while its demand remains constant. (10 Marks)

b) Explain five features of oligopoly. (10 Marks)

KCSE 2014

1 (a) Explain five benefits a firm may enjoy by preparing a business plan. (10 Marks)

b) Explain five demerits that a country may suffer when the government becomes a major investor in business. (10 Marks)

2 (a) Given opening balance and some transactions required to prepare a three-column cash book,

b) Explain four reasons for which traders observe ethical practices in product promotion. (10 Mks)

3 (a) Explain five objectives that may be achieved by establishing firms in different parts of a country.

b) Describe five accounting documents that are used in home trade. (10 Marks)

4 (a) Given balances and required to calculate financial ratios (i) Turnover (ii) Rate of stock turnover

(iii) Mark-up (iv) Margin  (v) Net profit. (10 Marks)

b)  Explain five guidelines that should be followed by the government in its expenditure. (10 Mks) 5 (a) Explain five disadvantages that a developing country may suffer by liberalizing foreign trade.

b) Explain five features of monopolistic competition. (10 Marks)

6 (a) Apart from selling shares, explain five sources of finances for public limited company. (10Mks)

b) There has been a decline on the demand for wooden furniture. Explain five factors that may have caused this trend. (10 Marks)

Download These Files for Free in Either .Pdf or Ms Word

BST P2 KCSE 2010-2020 F.docx

KCSE BS PP2 ACCOUNTING 2009-2020.pdf

KCSE 2015

1 (a) Explain five uses of national income statistics to a country. (10 Marks)

b) Discuss five principles that would lead to effective uses of government resources. (10 Marks)

2 (a) Explain five ways in which the consumer may benefit from warehousing. (10 Marks)

b) Given transactions to prepare a two-column cash book. (10 Marks)

3 (a) Describe five characteristics of monopolistic competitive market. (10 Marks)

b) Explain five features of human wants. (10 Marks)

4 (a) Given trial balance to prepare a TPL. (10 Marks)

b) Explain five methods of determining the price of a product other than price control.

5 (a) Explain five trends in office management. (10 Marks)

b)  Explain five advantage of government involvement in business. (10 Marks)

6 (a) Explain five benefits which may accrue to Kenya by being a member of African Development

Bank (ADB). (10 Marks)

b) Explain five features that are common o underdeveloped countries. (10 Marks)

KCSE 2016

1 (a) Explain five factors that may promote entrepreneurship in Kenya. (10 Marks)

b) Explain five circumstances under which a partnership may be dissolved. (10 Marks)

2 (a) Explain five advantages of government involvement in business. (10 Marks)

b) Traders are required to observe ethical practices when carrying out product promotion. Explain five reasons for observing such ethical practices. (10 Marks)

3 (a) Explain five methods of determining the price of a product other than price control.

b) Explain five benefits that may be realized by a country as a result of government policy to relocate industries to rural areas.

4 (a) Given transactions to prepare a duly balanced three column cash book. (12 Marks)

b) Given assets, capital and liabilities and few transactions to outline the effects of transactions        on items of the balance sheet. (8 Marks)

5 (a) Explain five guidelines that may be used by the government of a country to promote efficient use of her resources. (10 Marks)

b) Explain five disadvantages that a country may face if she restricted trade with other countries.

6 (a) Given opening balances and few transactions to prepare a three-column cash book and balance off. (10 Marks) 

b) Outline five reasons that may influence the government to start a business. (10 Marks)

KCSE 2017

1 (a) Explain five ways in which the internal environment may contribute to the success of the business enterprise. (10 Marks)

b) Describe five channels of distribution that a Kenyan manufacturer would use to ensure his goods reach consumers in another country. (10 Marks)

2 (a) Explain five differences between chain stores and departmental stores. (10 Marks)

b) Given trial balance to prepare TPL. (10 Marks)

3 (a) Explain five befits that a private limited company would get by converting to a public limited company. (10 Marks)

b)  Explain five disadvantages of using direct taxes to raise government revenue. (10 Marks)

4 (a) Given transactions to prepare a two-column cash book. (10 Marks)

b) Explain five factors that one may consider when selecting a means for communicating. 

5 (a) Explain five demerits of the output approach in measuring national income. (10 Marks)

b) Explain five circumstances under which a country may realize surplus in a balance of payments. 6 (a) Explain five methods that the government may use to increase supply of goods in the market.

b) Explain five factors that may promote the growth of entrepreneurship in Kenya. (10 Marks)

KCSE 2018

1 (a) Explain five circumstances that may lead to existence of business opportunity to be exploited by the entrepreneur. (10 Marks)

b) Explain five factors that Chuma Steel manufacturer may consider when choosing a channel for distributing their products. (10 Marks)

2 (a) Explain five clauses that must be specified in Memorandum of Association of a public limited company. (10 Marks)

b) Given information and required: (i) to prepare trading account (ii) work out percentage mark-up (iii) calculate rate of stock turnover. (10 Marks)

3 (a) Explain demerits of using carts as a means of transport in towns. (10 Marks)

b) Explain five types of direct taxes that the government may use to collect revenue from individuals and companies. (10 Marks)

4 (a) The demand for soft drinks has been on increase. Explain five factors that may have contributed to this. (10 Marks)

b) Describe five forms of economic integrations that countries may join to promote international trade. (10 Marks)

5 (a) Explain five differences between an open office and an enclosed office. (10 Marks)

b) Given information and some transactions to prepare a balance sheet. (10 Marks)

6 (a) Explain five problems of using national income statistics to compare the living standards of citizens of Kenya and Tanzania. (10 Marks)

b) Given transactions to prepare two column cash-book. (10 Marks)

KCSE 2019

1 (a) Explain five services that may be offered by wholesalers to retailers. (10 Marks)

b) Explain five differences between a sole proprietorship and a public limited company. (10 Marks) 2 (a) Explain five negative implications of young population. (10 Marks)

 b) Given trial balance to prepare a TPL and find initial capital. (10 Marks)

3 (a) Explain five demerits of pipeline as a means of transport. (10 Marks)

b) Explain five measures that may be taken to increase the volume of exports. (10 Marks)

4 (a) Given sales, cost of sales, average stock and expenses as 5% of sales. Required to calculate:   

(i) Margin (ii) total expenses (iii) Net profit (v) rate of stock turnover.  (10 Marks)

b) Outline five benefits of a business to the society. (10 Marks)

5 (a) Explain five advantages of locating firms in different parts of the country. (10 Marks)

b) Explain five Government initiated methods of consumer protection. (10 Marks)

6 (a) Describe the procedure of obtaining insurance policy. (10 Marks)

b) Outline five assumptions associated with the circular flow of income in a two-sector economy. 

KCSE 2020

  1. (a)            Explain five measures that the government may take to solve youth unemployment in

Kenya. (10 Marks)

  • Explain five reasons for consumer protection. (10 Marks)
  • (a)            Explain five principles of Government spending. (10 Marks)
    • Explain five trends in office management. (10 Marks)
  • (a)            Given transactions to post on relevant ledger accounts.  (10 Marks)
    • Explain five benefits of intermediaries to the consumer in the chain of distribution. (10M) 4 (a)      Explain five benefits of savings account to a customer. (10 Marks)

b) Explain five ways in which a warehouse may promote trade. (10 Marks)

  • (a)            Given a trial balance to prepare: i) P&L account ii) A balance sheet.  (5+5 Marks)
    • Explain five benefits of communication to a business. (10 Marks)
  • (a)            Explain five reasons that may take it necessary for the government to promote entrepreneurship. (10 Marks)
    • Explain five advantages of indirect production to the society. (10 Marks)
Download These Files for Free in Either .Pdf or Ms Word

BST P2 KCSE 2010-2020 F.docx

KCSE BS PP2 ACCOUNTING 2009-2020.pdf

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