2026 Form 4 Business Studies Paper 1 End of Term 2 Exam with Marking Scheme

• Duration: 2 HRS
• Number of Questions: 25
• Structure: Answer all questions.

This paper covers the following topics:

• Disciplines of Business Studies
• External Environmental Factors
• Dissolution of Companies
• Government Licensing of Businesses
• Functions of a General Journal
• Market Dynamics (Supply and Demand Shifts)
• Sources of Business Ideas
• Balance Sheet Effects
• Features of Economic Resources
• International Trade Documents
• Measures to Reduce Inflation
• Small Scale Retail Businesses
• Mark-up and Cost of Sales Calculation
• Double Entry Rules (Ledger Accounts)
• Elements of Effective Transport
• Effects of an Ageing Population
• Consumer Exploitation
• Services of Commercial Banks
• Balance Sheet Equation
• Principles of Insurance
• Elements of Written Communication
• Office Equipment and Machinery
• Product Distribution Channels
• Circular Flow of Income Assumptions
• Characteristics of Small Firms