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THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATIONS COUNCIL OF TANZANIA ADVANCED CERTIFICATE OF SECONDARY EDUCATION EXAMINATION
Time: 3 Hours Year: 2011
1. This paper consists of seven (8) questions.
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).
1.; (a) State four (4) important features of Sole Proprietorship.
(b;Explain five (5) sources of capital available to a sole trader.
(c) State five (5) advantages and five (5) disadvantages of sole trade.
2.(a);Enumerate the functions of an office.
(b);;;Explain the principles of a good tax system.
3.;(a) What role does transport play in the economy of a country;
(b;Explain the qualities of an efficient transport system.
4.;(a) Explain three (3) advantages and three (3) disadvantages of telephones in business.
(b);Mention and define four (4) different types of call facilities that are available to the business world.
5.; (a) Identify the different types of advertising copies.
(b); Explain the essentials of a good advertising copy.
6.; Differentiate the following as used in taxation;
(a;Horizontal equity and vertical equit;
(b) Regressive tax and digressive equity;
©; Progressive tax and proportional tax;
(d;Diversity and simplicity.
7.(a);Enumerate the principle sources of bank's profit.
(b);Explain the different types of securities acceptable by banks.
8.; Explain five (5) functions of a personnel manager.
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