THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2022
Instructions
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) - (xv) choose the correct answer from the given alternatives and write its letter beside the item number in the answer booklet provided.
(i) The process through which entrepreneurs convert business opportunities into marketable solution is considered us
(ii) Which lax system is applied by the tax revenue authority if it charges 15 per cent tax rate to a person who earns TZS I million per month and 18 per cent tax rate to a person whose income is TZS 500,000 per month?
(iii) The means of advertising through which goods are neatly arranged to create an impact on customers' mind so that they can be attracted to buy is referred to as
(iv) Suppose you arc a shareholder in one of the private companies, what return do you expect from the shares that you have invested?
(v) As a bank customer, which means of bank payment is appropriate for you to adopt when funds is not immediately available?
(vi) The reallocation of supply curve outwards to the right due to change in factors that affect supply other than price indicates
(vii) Suppose your desire is to have your own calculator to satisfy your need and your uncle bought for you a calculator of your choice. Which type of utility do you get by having your own calculator?
(viii) As a store keeper in one of the manufacturers' warehouses, why do you think stock taking is necessary to owner of the warehouse?
(ix) Most of the young entrepreneurs in Tanzania fail to access profitable markets because they are not creative in doing business. Which way can help them in addressing the problem?
(x) Mr. Manda needs to insure his house against fire. Which one would be his first step in taking out insurance?
(xi) Suppose your uncle is a large scale retailer who bought maize flour in bulk from Kicheko milling industry on cash. What kind of discount he is supposed to receive from the industry as a motivation from bulk buying?
(xii) Which one is the best memorable form of communication traders would adopt to remind their debtors to pay for debts?
(xiii) Which managerial function is a continuous function performed by managers at all levels in the business organization?
(xiv) Sahar is a mining project coordinator in one of the mining firm in Arusha Tanzania. She received an immediate call to attend the meeting in Dubai. Which of the following mode of transport do you think is appropriate for her journey?
(xv) Why traders are advised to consider the cost element in selecting the channel of distribution?
'HIE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA
CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2021
Instructions
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) — (xv), choose the correct answer from among the given alternatives and write its letter beside the item number in the answer booklet
(i) Which document is issued by the registrar of the companies to commence business operation?
(ii) Mr. Bukaba wants to engage in hire purchase but he does not know its consequences. Identify one consequence that he can face.
(iii) Which one is an example of constructive industry?
(iv) Suppose you have been employed in a bonded warehouse and one of the customers needs to collect his car from the warehouse. Which tax would you require the customer to pay before releasing the car?
(v) What is the main source of funds used by insurance companies to pay for claims and administrative expenses?
(vi) Mrs. Makuchi as house wife prepared a fresh fruits juice for her kids' consumption. In which type of production does the activity done by Mrs. Makuchi be grouped?
(vii) Suppose Maiki and Juri are employed by Azam food processing industry and their monthly salary is Tsh. 1 million and Tsh. 1.5 million respectively. Which type of tax system is applied if both are charged with 18% income tax?
(viii) Suppose you are a marketing manager who wants to satisfy the target market at the same time achieves the marketing objectives. Which elements of market mix would you consider?
(ix) Why face to face business communication is advantageous to both retailer and final customers?
(x) A written document prepared by an entrepreneur which describes the objectives of the proposed business and the steps necessary to attain those objectives is referred to as
(xi)You have learnt about the factors for the change in quantity demanded and the factors for the change in demand. Which factor would you opt for change in quantity demanded?
(xii) How does business management support business in achieving its business goals?
(xiii) Identify the appropriate international trade term which fit for the following transaction; Tanzania has paid Tsh. 30 million as payment of interest of loan from Canada.
(xiv) Ms Mashikolo is an entrepreneur who owns a retail shop at city center where there are so many retail shops. "She succeeded in her business because she believes in her-self and her ability to achieve the goals set". Which characteristic of entrepreneurs is described by such statement?
(xv) One of the Form Four students argued that, some characteristics of departmental stores and multiple shops are similar. Which statement proves that the argument is correct?
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA
CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2020
Instructions
I. This paper consists of sections A, B and C with a total of ten (10) questions.
2.Answer all questions in sections A and B and two (2) questions from section C.
3.Section A carries twenty (20) marks, section B fifty (50) marks and section C carries thirty (30) marks.
4.Communication devices and any unauthorised materials are not allowed in the examination room.
5. Write your Examination Number on every page of your answer booklet(s).
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i)- (xv), choose the correct answer from among the given alternatives and write its letter beside the item number in the answer booklet provided.
(i)The shipping company charged one of its customers with a demurrage fee. Which condition is not fulfilled by such a customer?
(ii)Why elimination of a wholesaler from the channel of distribution does not affect the flow of goods from the manufacturer to the final consumer?
(iii)Suppose you are in the process of insuring your house against fire and you have already paid the premium. Which document is temporarily issued to you by an insurer as an evidence of premium payment?
(iv)A business manager must obey the management functions so as to attain the business goals. In which function does a manager is involved in manpower planning and recruitment?
(v)By being a Form Four students of 17 years old, you want to be admitted in one of the partnership dealing with selling of books. In which type of partners would you fit?
(vi) Suppose you are self- employed in carpentry activities but you have spent two days to produce dining table for your family; In which category does the production of such table be grouped?
(vii)Which method would Tanzania adopt if she wants to completely restrict importation of sugar from Zambia?
(viii)How can different drinking water industries in Tanzania differentiate the same products they offered for sale in the market?
(ix) Kajewa is a large scale retailer who wants to identify the fast moving goods in his business. Which stock calculation will Kajewa apply to arrive at correct identification?
(x)If you have been employed as machine operator in one of the soft drinking industry and your salary ranked under low income earner category, which tax system will favor you as one of the low income earners?
(xi)Some entrepreneurs debated that internal motivation in entrepreneurship is wastage of resources. Which statement evidences that internal motivation is an important aspect in entrepreneurship?
(xii)When drawing a supply curve it is automatically that the curve slopes upwards from the left to the right. Why does the supply curve slopes upward from the left to right?
(xiii)Which bank account would you advise a trader to open if he/she wants to deposit/withdraw cash at any time and allows overdraft to its customers?
(xiv)Suppose you have attended a commercial debate with the motion "aids to trade is not necessary element of commerce". Which option will you choose as correct to oppose the motion?
(xv)The following are the roles of entrepreneurship in economic development except:
THE UNITED REPUBLIC OF TANZANIA
NATIONAL EXAMINATIONS COUNCIL OF TANZANIA CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Friday, 08th November 2019 p.m.
Instructions
SECTION A (20 Marks)
Answer all questions in this section.
l . For each of the items (i) (xv), choose the correct answer from among the given alternatives and write its letter besides the item number in the answer booklet provided.
(i) Suppose you have bought medicine from India and they are urgently needed to serve the life of patients in Tanzania, which mode of transport would you consider to be appropriate ?
(ii) If you have imported a used car from Japan, which document will be issued to you by the exporter that helps you to sort out customs formalities before the arrival of the car?
(iii) Under which classification the services provided by teachers, lawyers and police to their customers are categorized?
(iv) The following are functions of production department in management except:
(v) By using the theory of demand, which factor influences the buying decision of a consumer?
(vi) You have been engaged in selling fresh beans business and you want to increase sales through advertising. Which factor will you consider in advertising your product?
(vii) Why a bill of lading is used as the evidence of contract between the exporter and the shipping company?
(viii) There are several ways through which financial institutions raise their capitals. Which financial institutions raises its capital through selling shares to the public?
(ix) Ms. Magangas total sales during the year 201 8 was Tsh. 160 If her gross profit was 20% of sales, what was the cost of goods sold during the year?
(x) Why Tanzania Revenue Authority (TRA) insists on the use or Electronic Fiscal Device (E.F.D) machine?
(xi) Which factor of production is characterised by value appreciation?
(xii) Which one is the correct form of classification of companies?
(xiii) Which set presents large scale retailers?
(xiv) Suppose a Form One commerce student asked you about the best way of describing the term commerce. Which of the following is the best response that you could give?
(xv) What is the correct term of insurance to be used when an insurer decide to spread part of the risks of high valuable items insured to other insurers?
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA
CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 2:30 Hours Tuesday, 13th November 2018 p.m.
Instructions
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) - (x), choose the correct answer from among the given alternatives and write its letter beside the item number in your answer booklet provided.
(i) Which of the following is not a characteristic of itinerant traders?
(ii) The basic factors of production comprises the following:
(iii) The inquiry letter may not be answered by one of the following:
(iv) Which of the following statements is true?
(v) Why does advertising become a burden to the users of the product?
(vi) Which of the following statements represents indirect service?
(vii) Which one of the following is not among the limitations of insurance?
(viii) The five main functions of stock administration include:
(ix) The tax system whose rate remains constant irrespective of change in income or property is referred to as
(x) Movement alongside the supply curve is caused by
(i) Which of the following is not a major goal of planning in business?
(ii) Marine insurance policy which do not specify the subject matter insured is referred to as
(iii) Which of the following is the disadvantage of mail order business?
(iv) The traders who buy goods from abroad in their own name and sell them locally are called
(v) A certificate of incorporation is a document that
(vi) Which of the following is not the aim of marketing boards?
(vii) The warehouses which are situated at terminals of railway, air ports and sea ports are known as
(viii) A special crossing is a type of crossed cheque which consists of
(ix) An insurance principle which restored the insured to the same position after the event is known as
(x) What are the two main stages in production?
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL
CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 2:30 Hours Friday, 11th November 2016 p.m.
Instructions
This paper consists of sections A, B and C.
Answer all questions in sections A and B and two (2) questions from section C.
Calculators and cellular phones are not allowed in the examination room.
Write your Examination Number on every page of your answer booklet(s).
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) - (x), choose the correct answer from among the given alternatives and write its letter beside the item number in your answer booklet.
(i) Goods can mainly be classified as
(ii) A cheque which is presented to the payee before the date on it is called
(iii) Which one of the following is the disadvantage of departmental store to the seller?
(iv)The main reason for the existence of public corporations is to
(v) Bi-lateral trade in international trade means
(vi) The capital employed is obtained by
(vii) A life assurance policy where an assured person promises to pay premium for a specified number of years is called
(viii) Which one of the following is not an important clause of a charter party?
(ix) Which document is to be sent by the exporting country showing the list of goods needed to the importer who buy goods through an agent?
(x) Which of the following is the correct form of transport?
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL
CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 2:30 Hours Friday, 10th November 2015 p.m.
Instructions
This paper consists of sections A, B and C.
Answer all questions in sections A and B and two (2) questions from section C.
Calculators and cellular phones are not allowed in the examination room.
Write your Examination Number on every page of your answer booklet(s).
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) - (x), choose the correct answer from among the given alternatives and write its letter.
(i) A document which serves as an invitation to the general public to buy shares is called:
(ii) Why is a debit note issued?
(iii) Which principle is applied when a country decides to produce goods or services that bring a greatest advantage to the country?
(iv) Find the price elasticity of demand using proportionate change method for maize when demand falls from 800kg to 600kg due to increase in price from shs 40 per kg to shs 60 per kg.
(v) Which of the following should not be considered when communicating?
(vi) Production can generally be classified as:
(vii) A document showing the details of commodity sent and its total value which the receiver will have to pay is known as
(viii) Which of the following canons of taxation shows clearly the amount to be paid to the state by the tax payer?
(ix) Ex works is a price quotation which presents the cost of goods as they leave the:
(x) The bank that issues the legal tender currency in any country is
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 2:30 Hours Friday, 14thNovember 2014 p.m.
Instructions
1.This paper consists of sections A, B and C.
2.Answer all questions in sections A and B and two (2) questions from section C.
3.Calculators and cellular phones are not allowed in the examination room.
4.Write your Examination Number on every page of your answer booklet(s).
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) Â (x), choose the correct answer from among the given alternatives and write its letter beside the item number in your answer booklet.
(i) Advertising is important because it mainly
(ii) Which of the following are the major sources of partners’ capital?
(iii) Which one of the following statements is true of a sole trader?
(iv) The main reason for the existence of public corporations is to
(v) Which one of the following documents is used by a buyer to gather information from the seller?
(vi) Road transport is used mainly as as a method of carrying goods within the country because it is the
(vii) Which one of the following is a method used by government to protect consumers?
(viii) A debit note is used to correct
(ix) Which of the following activities cannot be classified as productive?
(x) Which of the following reasons does not justify the existence of parastatal enterprises?
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL
CERTIFICATEOF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 2:30 Hours Friday, 15th November 2013 p.m.
Instructions
1. This paper consists of sections A, B and C.
2. Answer all questions in sections A and B and two(2) questions from section C.
3. Calculators and Cellular phones are not allowed in the examination room.
4. Write your Examination Number on every page of your answer booklet(s).
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items ( i) - ( x), choose the correct answer from among the given alternatives and write its letter beside the item number.
(i) An over draft exists when
(ii) Which one of the following statement is NOT true about a bill of exchange?
(iii) The principal document in an insurance contract is
(iv) If employer wishes to pay a number of employees with one cheque he may use
(v) A credit note is issued to correct
(vi) The function with is NOT usually performed by a retailer is
(vii) The most suitable type of account for a businessman is
(viii) The list of documents prepared in the course of commercial transaction in the right order of being raised is
(ix) The group which represents a broad classification of human occupations is
(x) If Tanzania exports more goods to Uganda than she imports from the same country, her balance of
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL
CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 2:30 Hours Monday, 15th October 2012 p.m.
Instructions
1. This paper consists of sections A, B and C.
2. Answer all questions in sections A and B and two(2) questions from section C.
3. Calculators are not allowed in the examination room.
4. Cellular phones are not allowed in the examination room.
5. Write your Examination Number on every page of your answer booklet(s).
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) - (x), choose the correct answer from among the given alternatives and write its letter beside the item number.
(i) When a visible imports exceed visible exports, a country is said to have
(ii) Which of the following is the basic feature of all multiple shops?
(iii) Consumer goods are best defined as goods that
(iv) A marketing board is a board set up to
(v) Which of the following is the benefit of sole traders over limited companies?
(vi) Which of the following industries are concerned with obtaining raw materials from natural resources?
(vii) Which of the following is NOT necessary for the development of commerce in a country?
(viii) The list of documents prepared in the course of commercial transaction in the right order of being raised is
(ix) A letter of credit is sent by
(x) An advalorem tax is an indirect tax collected
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL
CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 2:30 Hours Friday, 11th November 2011 p.m.
Instructions
This paper consists of sections A, B and C.
Answer all questions in sections A and B and two (2) questions from section C.
Calculators and cellular phones are not allowed in the examination room.
Write your Examination Number on every page of your answer booklet(s).
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) (x) choose the correct answer from among the given alternatives and write its letter beside the item number.
(i) Variable cost is that which varies with:
(ii) One method of discouraging imports is to:
(iii) Which of the following documents govern the companys relationship with the outside world?
(iv) The surrender value of a life assurance policy is:
(v) There is a derived demand for a commodity or service when it is demanded:
(vi) A nominal partner is the one who:
(vii) The production process of goods is said to create utility if the:
(viii) One among the following is NOT a function of the Bank of Tanzania (BoT):
(ix) In a progressive taxation system:
(x) Which of the following is a feature of a del-credere agent?
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL
CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 2:30 Hours November 2010 p.m.
Instructions
This paper consists of sections A, B and C.
Answer all questions in sections A and B and two (2) questions from section C.
Calculators and cellular phones are not allowed in the examination room.
Write your Examination Number on every page of your answer booklet(s).
SECTION A (20 Marks)
Answer all questions in this section.
1. For each of the items (i) - (ii) choose the correct answer from among the given alternatives and write its letter beside the item number.
(i) Which one among the following statements is true as far as Commerce is concerned?
(ii) The functions of wholesalers are:
(iii) When a business concern becomes insolvent, this means that:
(iv) Banks make regular payments on behalf of their customers by means of:
(v) Which one of the following is not a service that a retailer provides to consumers?
(vi) The head office of a certain firm with all communication facilities is in need of conveying an urgent and detailed message to one of the distant branches.
Which one among the following facilities would be the most suitable to use?
(vii) The quickest method of remitting money through the post office is by:
(viii) The following policy covers losses on a particular route for a specific period:
(ix) Which of the following is not true about the characteristics of services?
(x) The amount given to shareholders as their share of profit of the company is:
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2009
SECTION A
1. For each of the items (i) - (x) choose the correct answer from among the given alternatives and write its letter beside the item number.
(i) The process of making goods for one's own use is termed:
(ii) Which of the following is the convenient route in the channel of distribution?
(iii) A limited partnership is a partnership:
(iv)The term "legal tender" means:
(v)The main purpose of commerce is to:
(vi)Bank rate is the rate of interest charged by:
(vii)Which of the following functions is usually not performed by a wholesaler?
(viii)Which one among the following is true regarding regressive tax system?
(ix)Which one among the following covers insurance of property?
(x)Which one among the following does not relate to import trade?
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2008
SECTION A
1. For each of the items (i) - (x) choose the correct answer among the given alternatives and write its letter beside the item number.
(i) . . . . . . is a means used by producers to identify their products from other manufactures.
(ii)A 25% mark up is applied to a commodity selling at Shs. 2400. What is the gross profit?
(iii)In the event of total loss, insurance companies undertake to pay:
(iv) . . . . . . . . is the identification of a product which cannot be pronounced but can be sighted and is protected by the law.
(v) . . . . . . means all activities necessary in bringing goods and services into the market.
(vi)When visible imports of a country exceed visible exports it implies
(vii) Which one of the following is not correct about the functions of management?
(viii)Which of the following are places where ships wait for cargo?
(ix)One of the following is the method used by the government to collect money from most people whether foreigners or citizens whenever they buy goods for use
(x)Which of the following documents must be accepted or paid before the bill of lading is surrendered to the foreign buyer?
COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2007
SECTION A
1. For each of the items (i) - (x) choose the correct answer from among the given alternatives and write its letter beside the item number.
(i) Businessmen who do not have permanent business premises are called:
(ii) A progressive tax is one:
(iii) Import of foreign produced goods into a country for re-export is called:
(iv)I bought 100 units of a certain commodity from Macha & Co. Ltd. The gross price is shs. 10 per item and trade discount is allowed at 20%. If I settle the debt within 30 days I will be allowed a cash discount of 4%. I intend to pay immediately. How much should I pay?
(v)The following are the factors which affect or influence demand:
(vi)Auxiliary services may be defined as the activities aimed at:
(vii)The most essential characteristic of money Is:
(viii)Third party insurance indemnifies the insured against:
(ix) Which of the following is not a function of a central bank?
(x) Certificate of incorporation is the certificate which is issued by the.
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2006
SECTION A
1. For each of the items (i) — (x) choose the correct answer from among the given alternatives and write its letter beside the item number.
(i). Which of the following activities is outside the study of commerce?
(ii) The following may not be classified as variable cost of production:
(iii) Composite demand occurs where:
(iv)An agent authorized to sell goods on commission at public is called:
(v) Which of the following statements best describes a progressive taxation?
(vi)The primary function of an entrepreneur is to:
(vii)A clearing house is:
(viii)The most outstanding disadvantage of air transport is it's:
(ix)A quantitative restriction imposed on free flow of international goods is:
(x)Money used to start a business is called:
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2005
SECTION A
1. For each of the items (i) - (x) choose the correct answer from among the given alternatives and write its letter beside the item number.
(i)Which of the following commercial transactions of a wholesaler is not commercial deal?
(ii)Which of the following is a tertiary production?
(iii)The consequence of devaluation is:
(iv)Anna's stock on 1 st January 2002 was Shs. 45,000. At the end of June 2002 and December 2002 her stocks were valued at Shs. 38,000 and Shs. 25,000 respectively. Her rate of stock turn was 10. The cost of goods sold by her will be Shs.:
(v)The kind of leadership which involves very few people in planning, decision making and implementation is referred to as:
(vi)Aids to trade may be defined as the activities aimed at:
(vii)The means of transmitting information electronically is called:
(viii)If a cheque bears an ordinary crossing it implies that the cheque can be:
(ix)Vessels which do not operate on fixed routes and have no fixed advertised times of sailing are known as:
(x)The action through which a retailer discovers information about the needs of his customers is known as:
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2004
SECTION A
1. For each of the items (i) - (x) choose the correct answer from the given Alternative and write its letter beside the item number.
(i)Trade is defined as:
(ii)Which of the following statements is true?
(iii)Which of the following is not an element of transport?
(iv)A bonded warehouse is used to store:
(v)A tied shop is a:
(vi)Which of the following items does not appear in the memorandum of an association?
(vii)Teachers, doctors and lawyers are said to be involved in production. Their contributions may be grouped under:
(viii)A cheque bearing a special crossing:
(ix)E. Ngosha had an opening stock of Shs. 20,000.00 and a closing stock of Shs. 25,000.00. His net purchases for the year amounted to Shs. 150,000.00 and his gross profit margin was 40% on cost. His expenditure for the year was Shs. 28,600.00. What was his net profit?
(x)In a regressive taxation system, low income earners pay:
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Year: 2003
SECTION A
1. For each of the items (i) - (x) choose the correct answer from among the given alternatives and write its letter beside the item number.
(i)The main objective of commerce is to:
(ii)Communication may be defined as:
(iii)Which one of the following is not an advantage of indirect taxation?
(iv)A favourable balance of trade means:
(v)Which of the following is an example of tertiary production?
(vi)Profit margin is:
(vii)A retailer does not perform the activity of:
(viii)A proforma invoice is:
(ix)In warehousing "WARRANT" implies:
(x)Which of these is not a function of the Bank of Tanzania?