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THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA ADVANCED CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
152/; COMMERCE 2
Time: 3 Hours Year: 20;
1. This paper consists of seven (8) questions.
4. Communication devices and any unauthorised materials are not allowed in the examination roo;
5. Write your Examination Number on every page of your answer booklet(s).
1;(a) Identify and explain the different types of company promoters.
(;b)Explain the roles that are played by company promoters in the establishment of a company.
2;(a) Briefly explain the term endorsement.
(b; Describe the various forms of endorsement.
3;Explain the following terms briefly:
(a;Value of money Inflation
(d;Double coincidence of wants
4; (a) Enumerate four (4) recent developments in the communication sector in Tanzani;
(b) Discuss the significance of good communication to a business concern.
5; A tax system may be progressive, proportional or regressive. The Table below shows the tax charged in a certain country.
(a;What kind of tax system is this? Give reasons for your answer.
(b;Explain three (3) advantages and three (3) disadvantages of the tax system identified in 5 (a) above.
6; Explain five (5) benefits and five (5) limitations of centralized filing system.
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