THE PRESIDENT’S OFFICE

MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT

COMPETENCE BASED SECONDARY EXAMINATION SERIES

COMMERCE ANNUAL EXAMINATIONS

FORM FOUR-2022

INSTRUCTIONS

1. 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. Sections A carries twenty (20) marks, sections B fifty (50) marks and section C caries thirty (30) marks.
4. Communication devices and any unauthorized materials are NOT allowed in the examinations 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/sheet provided.

1. Suppose you are at home during the holiday, your Mother has asked you about the best meaning of commerce, which of the following is the best response that you could give her?

1. Commerce deals with exchange of goods and services outside the country.
2. Commerce deals with distribution of goods to final users.
3. Commerce deals with exchange of goods and services inside the country
4. Commerce deals with exchange and distribution of goods and services
5. Commerce means exchange of goods for goods

2. Amina sells juice in small quantities to final consumers after buying them in reasonable quantities from wholesalers, therefore Amina is a

1. Wholesaler
2. Retailer
3. Consumer
4. Manufacturer
5. Producer

3. Meshaki is Tanzanian business who goes to Dubai to buy clothes with the aim of re-exporting. Therefore, Meshaki is a

1. Exporter
2. Importer
3. Retailer
4. Wholesaler
5. Interposer

4. Mr. Drogbaimported furniture from Japan but did not import duty in the port authority. The port authorized and kept the furniture in the place called;

1. Private warehouse
2. Public warehouse
3. Port warehouse
4. Land warehouse
5. Bonded warehouse

5. Mrs. Samwel total sales during the year 2020 was Tsh 160,000/= if profit was 20% of sales. What was the cost of goods sold during the year?

1. Tshs 128,000/=
2. Tshs 160,000/=
3. Tshs 16,000/=
4. Tshs 126,000/=
5. Tshs 32,000/=

6. The ore, bulk or oil carries which uses different holds to transport a mixed cargo at the same time through water transport are known as

1. Bulk carriers’ vessels
2. Chartered vessels
3. Liner’s vessels
4. OBO vessels
5. Container vessels

7. While viewing football match via television, Wilson saw and advert about Comfy mattress saying only caring parents buy for their children, which method of appeal has been used in such advert?

1. Social responsibility
2. Prestige
3. Gender
4. Responsibility
5. Health

8. The price quotation that includes all costs to the port of destination plus unloading charges,

1. CIF
2. Car. Fwd
3. FRANCO
4. Loaded
5. In bond

9. E & O.E is an abbreviation included at the foot of an invoice; it stands for

1. Errors and Omission expected
2. Errors and Omission excepted
3. Errors and Omission accepted
4. Errors and Omission of erroneous consumers
5. Errors and omission examined

10. The source of finances that derived from within an organization through accumulating profit is called

1. Factoring
2. Trade credit
3. Fundraising
4. Retained earnings
5. Share capital

11. Jembe, Malima and MtaniJembe were discussing about ways of classifying goods. What do you think should be the correct response;

1. Durable goods and perishable goods
2. Consumer goods and producer goods
3. Producer goods and free goods
4. Producer goods and economic goods

12. You are an expert of commerce and someone needs to know the correct form of transport, what should be your presentation to them?

1. Water, land and air
2. Water, land and railway
3. Water, air and road
4. Sea, railway and air
5. Water, road and railway

13. Which bank accounts will you advice a trader to open if he/she want to deposit/withdraw cash at any time and allow overdraft to its customers?

1. Joint account
2. Fixed account
3. Saving account
4. Current account
5. Salary account

14. Simba cement company Ltd has been advertising its product for almost twenty years now. It is obvious that a good number of people number of people have already received the required information regarding the product offered, the company is still keeping on the advertising the product in order to;

1. Persuade the customers
2. Bridge the gap between producer and consumer
3. Inform the public about the product
4. Retain the market
5. Make profit

15. Tanzania is one of the third countries. It imports more than what it exports. Therefore, Tanzania has,

1. Favourable balance of payments
2. Favourable balance of trade
3. Unfavourable balance of payment
4. Unfavourable balance of trade
5. Terms of trade

2. Match the descriptions of types of tax in Column A with the corresponding terminology in Column B by writing the letter of the correct terminology besides the item number.

SECTION B (50 Marks)

Answer all questions in this section

3. It is urged that the evolution of money (currency) has increased social problems in the societies like corruption, inflation and classes of people. By using five (5) points argue against this statement.
4. Most small scale retailers closes their business after short period of operation, as a business expert use five (5) points to advise them how retain their business for long time.
5. A manufacturer wishes to introduce a new washing soap. State with reasons the factors he would consider when choosing the appropriate medium of advertising (five points)
6. Assume that your house is situated near a major road and it is against fire, an oil tanker passing by happen to overturn near you house and catches fire which burns down your house. Explain the steps to be taken so that you may be compensated your house.
7. It is urged that increase in population is the only factor for the development of commerce in Tanzania. As a commercial expert argue against this statement by giving out five points

SECTION C (30 MARKS)

Answer two (2) questions from this section

8. Assume that your brother is operating a small business as a sole proprietor. He intends to expand his business; has approached you for an advice. As a commercial expert advise him five ways of raising additional capital
9. Mr. Hillarious is a business man who conducts his business activities between Tanzania and Rwanda. He wants to transport his goods from Arusha Tanzania to Kigali Rwanda but he doesn’t know which mode of transport is the best to him, as a commercial expert advise him the factors to be considered before choosing the best mode of transport (five points)
10. Your debtors paid you a crossed cheque, on presenting it to the bank counter for payment the bank clerk made the following comments. “The drawer has sufficient founds but I am sorry we cannot cash it”

1. Explain possible (50 reasons for such comments
2. What steps would you take to make sure that the cheque is paid?