KASNEB – CPA | CIFA | CS | CCP | CFFE | ATD Study Notes And Revision Kitss
Advantages of advertising to the consumer. Getting information about what is available in the market Information about price, quality, size and other features of the product. Explanations on the use and value of the product. The consumer gets to know Read More …
Why road transport is preferred. Its cheaper and faster for short distances All areas including remote areas can be accessed by road. Suitable for delivering perishable goods like vegetables Handling is minimal hence cuts down breakage and pilferage Its flexible Read More …
Features of a fixed deposit account. Opened for a specific period of time Opened with a specific amount for a specific period Higher interest rates are paid Used by commercial bank to advance loan to others Can be used as Read More …
Sources of capital to co-operative societies. Members contributions Retained profits Entrance fee deposits Credit facilities Surplus and reserves.
How insurance companies make profits Investing their funds Differences in claims From forfeited funds by policy holders By charging those who breach the contract of the policy.
Goods suitable for direct distribution. Goods which require sufficient after –sales service eg electronics Goods which the manufacturer wants to exercise some control during distribution Goods with high profit margin and the retailers purchase in bulk Goods which are very Read More …
Benefits of personal selling. Creates a personal touch between the seller and the buyer The seller explains to the buyer since he/ she can ask questions regarding the products The seller gets to know how to improve the quality of Read More …
Why cheques are dishonoured Insufficient funds Post – dated cheque Stale cheque. Amount in words differ from amount in figures. Signature of the account holder may differ from the specimen in the bank Alterations that have not been signed against Read More …
Investment services by posta corporation. Premium bonds scheme Operate S.A.Y.E. (save as you earn) Have fixed deposit facilities Have saving facilities
Functions of commercial attaches. Search for Kenyan market abroad Inform business abroad of Kenyan goods Negotiate to expand Kenyan market abroad. Liase with the ministry of commerce to educate Kenyan producers/ manufacturers.