Some candidates were able to:
-           Write the following abbreviations used in bookkeeping in full:
(i)         COD;
(ii)        CWO

-           State two merits of bookkeeping to a business organization
However, some candidates were unable to:
-           Explain the following terms in relation to a bill of quantities:
(i)         quantities;
(ii)        description;
(iii)       rate;
(iv)       amount;

• Explain what is specification.

 

 The required responses to question 1 (a)is given below.

• (a)        EXPLANATION OF THE TERMS IN RELATON TO BILL OF QUANTITIES

 

(i)        Quantities: the number of items to be used OR
                        a comprehensive list of materials required to carry out a piece of work.

(ii)       Description: is the types of materials stated in the quotation/estimate OR
a comprehensive description of  the materials in a bill.

(iii)       Rate: the unit price of each of the items.

(iv)       Amount: is the total quantities multiplied by the unit pr