PRESIDENT’S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT - RALG COASTAL REGION
REGIONAL FORM FOUR MOCK SECONDARY MOCK EXAMINATION
061 COMMERCE
TIME: 3:00 HRS YEAR 2024
INSTRUCTIONS
SECTION A (16 Marks)
Answer all questions in this section
1. For each of the items (i) - (x), choose the correct answer from the given alternatives and write its letter beside the item number in the answer booklets provided
(i) Suppose you have attended a commercial debate with the motion " auxiliary services
are not necessary to traders" which option will you choose as correct to oppose the motion
(ii) Quantity supplied of rice increased from 500 tons to 10,000 tons during Christmas seasons in 2023. What do you think being main reason for this change?
(iii) An entrepreneur should posse's different skills in order to succeed in any endeavour of his choice. Which among the skills enable entrepreneurs to be able to get best resources such as manpower, financial and physical resources for success of their venture?
(iv) Suppose your desire is to own a telephone, your father bought a telephone of your choice in your birthday ceremony. Which type of utility will you get by having your own telephone?
(v) Madam Joyce wish to transport her inventories from Tanga port to her hardware at Arusha, but she is not aware about the best mode of transport will offer a high degree of flexibility which among the mode of transport will satisfy her need
(vi)Mzenga secondary school wish to buy a school van so as to simplify transport for its students and staff, the headmaster approached CRDB bank's manager to guarantee to exporter's bank of its credit worthiness. What document will a manager ure to show credit worthiness of Mzenga secondary school?
(vii) Mary, Juma and Asha are partners running hair dressing saloon, but they decided to use a name of Mwamposa to run their business. How can Mwamposa be classified in this partnership business?
(viii) Kb family produce maize for sale in the market. Which feature among the following illustrate kind of production Kb family involved
(ix)Mlimani city is a well-known trading center in Dar es salaam city because it comprises of a big number of businesses. What is a general term describing this type of trading centre?
(x) Tax revenue authorities officer decide to charge Mwajuma and Mwanahawa 20 percent and 10 percent respectively from their income of Tzs 2,000,0001= and Tzs 1,000,000/= per month. Which type of the system applied by TRA's officer
2. Match the descriptions of forms of cheque in List A with their corresponding names in List B by writing the letter of correct answer beside the item number in the answer booklet provided
List A | List B |
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SECTION B (54 Marks)
Answer all questions from this section.
3. Once specialization and division of labour is applied its outcomes can be better or worse to the development of industries in the country. Briefly elaborate three better and three worse outcomes of specialization and division of labour.
4. (a) It has come to attention that most of citizen does not know forms of tariffs available in Tanzania. Prepare a briefly explanation on the form of tariffs applied in Tanzania.
(b) Differentiate the following terms as used in Taxation
5. Use six points to describe best reasons for preparing business plan by entrepreneurs before commencing their projects.
6. Insurance companies collect premium from various individuals and promises to compensate those who suffer a specific financial loss. In six points analyse how insurance companies make profit
7. (a) In recent years entrepreneurs develops great interest in creating great brands in Tanzania. Briefly explain three (03) disadvantages associated with branding.
(b) A voluntary association formed by farmers found at Morogoro build a warehouse. Most villagers do not want to keep their product in the warehouse. Explain any three (03) benefits villagers will enjoy from using a warehouse.
8. The government of Tanzania recently has adopted several measures to control the volume of imported goods. Briefly explain four (4) measures can be used by the government to control and two (02) reasons for the government of any country to control imported goods.
SECTION C (30 Marks)
Answer two (2) questions in this section.
9. Tanzania is one among the many developing countries. As one of the developing countries its businesses are faced with many challenges. In six points, analyse the challenges facing business units in Tanzania.
10. Effective business communication is the key for a business to grow and do extremely well in its operations. Justify this statement by briefly explaining six points.
11. Mambo Jambo (T) limited company deals with producing and selling cindelera toys. The company is facing challenge of marketing 1000 pcs of cindelera toys produced for the year end 2023. Use the commercial skills you have learn to explain six (06) methods of sales promotion Mambo Jambo can use to increase sales of the company.
FORM FOUR COMMERCE EXAM SERIES 212
FORM FOUR COMMERCE EXAM SERIES 212
THE UNITED REPUBLIC OF TANZANIA PRESIDENT’S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
LINDI REGION
FORM FOUR PRE-NECTA EXAMINATION
061 COMMERCE
Time: 3:00 HOURS SEPTEMBER 2023
INSTRUCTIONS
SECTION A (16MARKS)
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
i. The bank that issue the legal tender in any country is known as: -
ii. An official acknowledgement and agreement between ship owner and person who hire a ship is known as
iii. Discouraging imports so as to serve the country from unfavorable balance of payment can be done by the use of the following method: -
iv. Msuva is a businessman from Tanzania, he wants to open account for his business. Which of the following account is suitable for him?
v. Airtel, one of the cell phone networks in Tanzania has the slogan saying “Hakatwi mtu hapa” in their adverts. Which form of advertising is this?
vi. Mr. Ally saw an announcement on local newspaper about government grant for small scale retailers. This motivated him to become an entrepreneur. This is an example of:-
vii. Few years ago Tanzania five hundred shillings was in form of paper money. Unfortunately, majority started to complain that it cannot stay for a long period of time in circulation then becoming wear and tear. Which quality of a good money five hundred shilling in form of paper money lack?
viii. At your school a good example of labour is teacher, as an expert in business; teacher is falling under what categories of labour?
ix. Suppose you live in Mwanza region and you planned to engage in cultivation of cotton. Which level of production you will belong?
x. You are a commercial student during holiday you met with your best friend complete his ordinary studies two years ago and he fearing to be an entrepreneur due to the business to be in risk of fire. Which aid to trade you will advise him that he will be compensated if he will insure his business?
2. Match the description on term is international trade in COLUMN A with the corresponding terminology in COLUMN B by writing the letter of the correct terminologies besides the item number in answer sheet provided
LIST A | LIST B |
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SECTION B (54 Marks)
Answer all questions in this section.
3. You are supplied with the following information for the year ended 31st December 2019
Average mark – up .....................25%
Total expenses ...........................24,000/=
Stock turn rates .........................5 times
Sales ..........................................72,000/=
Required: Calculate
4. Manufacturing company manufacturing cloth open shops at different locations in Tanzania. It sells goods on cash only. The shop has identical decoration and appearance. The prices of goods are fixed. In this way they eliminate unnecessary middle men thus benefiting the consumers
5. (a) Now day’s men and women are struggling to find money in order to make life better. With three reason briefly explain why men and women demanding money.
6. Malingumu is trade who exports petrol from Tanzania to Zambia and he did not know the best means of transport to be used. As a commercial student
7. Mayele wishes to become an entrepreneur, but he does not know the attributes of being an entrepreneur. As a commercial student help him by giving not less than five points
8. One of form one students argued that ”aids to trade plays an important role in trade ” justify the validity of this statement.
SECTION C (30 Marks)
Answer any two (2) questions from this section.
9. Practically, insurers and insured could not work smoothly without applying the principles of insurance. Basing on this statement, explain how the principles of insurance govern the conduct between insurer and insured (five points)
10. You have been invited in a seminar about taxation conducted by Tanzania Revenue Authority. The main theme of the seminar is “The effects of Taxation”. At the end of the seminar, you will be required to present to your fellow students the positive and negative effects of taxation in an economy. Summarize your presentation by showing the:
11. Makudubela and Onana they don’t know about Private limited company and Public limited company. As a commercial taker briefly explain to them:
FORM FOUR COMMERCE EXAM SERIES 181
FORM FOUR COMMERCE EXAM SERIES 181
PRESIDENT’S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
KAGERA REGIONAL MOCK
COMMERCE FORM FOUR-JULY-2023
INSTRUCTIONS
SECTION A (16 Marks)
1. For each of the following items (i)-(x), choose the correct answer from the alternatives given and write its letter in the answer sheet(s) provided:
i. Suppose your father is dealing in distribution and exchange of goods and services. Which type of activity is conducted by your father?
ii. Which of the following statement is not correct about commerce?
iii. Which of the following are the type of production?
iv. Mr. Salum has taken property insurance to his business in order to protect his properties against unexpected risks. Which way from among the following ways of managing risks was taken by Mr. Salum?
v. A shift of demand curve from right to left reflects:
vi. What term is used to mean the element of communication through which an information is passed from one person to another?
vii. Which of the following indicates a face to face selling in which the seller of a commodity tries to convince a customer to buy products:
vii. Which of the trade consists of the intangible itnports and expotts?
ix. It is all about creating a brand new product that has never existed in the market:
x. Which of the following documents is given to an insured soon after paying the first premium while waiting for a permanent contract?
2. Match the explanation in LIST A with the most correct response from LIST B and write its letter in the answer sheet(s) provided.
LIST A | LIST B |
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SECTION B (54 Marks)
Answer All questions in this section
3. Some people are arguing that Entrepreneurship is a wastage of time not only to individuals but also the nations and the world at large. As an expert in commercial field, briefly explain for them six (6) importance of Entrepreneurship.
4. You are provided with the following information from Kagera Traders store for the year 31.12.2013.
Assist Kagera Traders to calculate:
5. Many of financial institutions in the country offer consumer credit to their customers. Briefly describe three advantages and three disadvantages of these consumer credits to bank's customers.
6. Majura and Marwa are Traders in Musoma District. They always escape from paying tax to the government. As an expert in this field, briefly explain to them the importance of paying tax. Six (6) points.
7. Asha as a form three student at Changamoto Secondary School has never studied commercial subject. She is interested to know the importance of studying commerce. Explain to her in brief five (5) importance of studying commerce.
8. As a business person, how do you distinguish the following concepts in the context of the market of your product?
a. A change in quantity demanded and a change in demand
b. A change in quantity supplied and a change in supply
c. An equilibrium price and an equilibrium quantity
SECTION C (30 Marks)
Answer only two (2) questions from this section.
9. Suppose your uncle has imported a car from Japan and he wants to take an insurance policy for his car. Explain to him the general procedures for obtaining insurance policy for his car. (Seven point)
10. Mwendapole owns a business in which he does not share profit or loss made by the business. What are general features of the business owned by Mwendapole? (Six points)
11. Imagine your business is located in highly populated market where there are many buyers and sellers. Meanwhile you want to promote one of your products to your customers. Describe the barriers that may affect your means of communication and your target not be successful. (Six points).
FORM FOUR COMMERCE EXAM SERIES 163
FORM FOUR COMMERCE EXAM SERIES 163
PRESIDENT’S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
DODOMA REGION
FORM FOUR MOCK EXAMINATIONS - 2023
061 COMMERCE
TIME: 3 Hours August, 2023
Instructions
FOR EXAMINERS USE ONLY
QUESTION NUMBER | SCORE | EXAMINERS’ INITIALS |
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SECTION A (16 Marks).
Answer all questions in this section.
1. For each of the items (i) – (x) choose the correct answer among the given alternatives and write its letter beside the item number in the answer booklet provided.
i. 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?
ii. Deborah is a large scale retailer who wants to identify the fast moving goods in her business. Which stock calculation will Deborah apply to arrive at correct identification?
iii. 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 favour you as one of the low income earners?
iv. When drawing a supply curve, it is automatic that the curve slopes upwards from the left to the right. Why does the supply curve slope upward from the left to right?
v. 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?
vi. 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?
vii. Mrs Vivian Corazone as house wife prepared a fresh fruits juice for her kids’ consumption. In which type of production does the activity done by Mrs. Vivian Corazone be grouped?
viii. Suppose Opah clement and Aisha Djafari are employed by Simba queens Club and their monthly salary is Tsh 6 million and Tsh 8 Million respectively. Which type of tax system is applied if both are charged with 18% income tax?
ix. Suppose your 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?
x. Ms Fatuma Issa 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 herself and her ability to achieve the goal set”. Which characteristic of entrepreneurs is described by such statement?
2. Match the descriptions on taxation terminologies in Column A with the corresponding terminology in Column B by writing the letter of correct terminology beside the item number in the answer sheet provided
COLUMN A | COLUMN B |
i. The situation from which the tax payers omit or refuse to declare their business income for tax payment. ii. The tax which its tax rate is determined by basing on the value of the goods. iii. The tax value which is levied at each stage of production. iv. The situation in which tax payers provide incorrect record so as to be charged with less amount of tax. v. The tax system from which the percentage of tax paid is inversely to the income of the tax payer vi. Compulsory payment made by people to the government |
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SECTION B: (54 Marks)
Answer all questions in this section
3. In starting and operating a business, an entrepreneur requires a number of resources to finance the business. The resources included financial, physical and human capital. In light of these, describe five different sources from which an entrepreneur may secure financial capital for business operation.
4. Many people always confuse between standing order and credit transfer because of the little knowledge on the banking services. As a commercial student, discuss any three differences and two similarities between standing order and credit transfer.
5. (a) You have been appointed as a food prefect at your school and one of your duties is to maintain different levels of stock in the food store. Briefly explain four essential levels of stocks which should be maintained in a food store.
(b) In 2020 Davis made a gross profit of 20% on turnover of shs. 42,000 and Net profit of 9% on turn over. His rate of stock turn was 20.
Calculate:
6. (a) For the communication to be successful, it depends on the effectiveness of the use of the five element of communication. With examples, discuss at least three (3) element of communication process.
(b) Explain three (3) advantages of road transport to the people of Tanzania
7. Tanzania and Kenya are bordering countries in the East African community. In the latest years there have been some limitations in trade imposed by one country to another, as an expert in international trade, State five possible arguments for these trade limitations.
8. Mwantumu is a sole proprietor and five of his friends have consulted him in a bid to combine their business as partnership business. He is worried of getting risks and burden of his capital into partnership business. As an expert in commerce help him to clear his doubts by giving five benefits of partnership business.
SECTION C: (30 Marks)
Answer two (2) questions from this section
9. The need for tax to every employed person in Tanzania is to raise government revenue purposely to overcome daily revenue expenditure like education, defense and health. Mbagule is also a government servant who plays his important role by paying tax every month. Discuss more five reasons for paying tax to the government of Tanzania.
10. In order to value the currency unit and ensure that there is just right quantity of money in circulation in the country, the central bank should take appropriate steps towards credit control. What are the methods employed by the central bank in east Africa on credit control? Give six (6) points.
11. Practically, insurers and insured could not work smoothly without applying the principles of insurance. Basing on this statement, explain how the principles of insurance govern the conduct between insurer and insured
FORM FOUR COMMERCE EXAM SERIES 161
FORM FOUR COMMERCE EXAM SERIES 161
PRESIDENT’S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT MVOMERO DISTRICT COUNCIL |
FORM FOUR MOCK EXAMINATION
CODE: 061 COMMERCE
Time:3:00 Hours MAY. 2023
INSTRUCTIONS
SECTION A (20 MARKS)
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
Questions | i | ii | iii | iv | v | vi | vii | viii | ix | x | Xi | xii | xiii | xiv | xv |
Answers |
2. Match the descriptions of the forms of trade in column A with their corresponding names in column B by writing the letter of the correct response beside the item number in the answer book provided.
COLUMN A | COLUMN B |
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COLUMN A | i | ii | iii | iv | v |
COLUMN B |
SECTION B (50 MARKS)
3. Most of Tanzanian doesn’t know why they should pay Tax. The manager of TRA from head office came to give knowledge about that crucial issue. Analyze (6 point).
4. There is one country which is land lock country that country needs to transfer large amount of oil from abroad via to Tanzania. Mention kind of transport she will be going to use and discuss 3 merits and 3 demerits of that transport.
5. In our daily life we cannot live without to communicate with other people, therefore it involves very important element, with the aid of diagram explain these elements.
6. The following data was given from Mr. Kabwemin-supermarket at the end of 31 March 2020.
From the data given find the following
7. Mrs. Ujinga Mzigo wants to know if there is growth of commerce in the world. Her friend Mrs bacha tried to explain how commerce has been grown up to this time, discuss what Mrs bacha tried to explain toMrs Ujinga Mzigo, 5 reasons
SECTION C (30 MARKS)
8. Most of young aged in the society complain that they cannot find opportunities for the sake of employing them self. You as commerce learned can you advise them how they can find opportunities in the country. (5 ways)
9. Mizambwa graduated in one of the university in 2015 and he has been always looking for job in different companies. His friend Mkude advice Mizambwa to have self-employment, you as a form four student join with Mkude to advice Mizambwa by showing six benefits of self-employment.
10. Suppose your mother has imported a car from Japan and she wants to buy an insurance policy for the car. Briefly explain to her the general procedures for obtaining insurance policy for the car.
FORM FOUR COMMERCE EXAM SERIES 133
FORM FOUR COMMERCE EXAM SERIES 133
PRESIDENT'S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
KILIMANJARO REGION MOCK FORM FOUR EXAMINATION
CODE: 061 COMMERCE
TIME: 3HRS MAY 2023
INSTRUCTIONS
SECTION A (16 MARKS)
1. For each of the items i - x choose answer among the given alternatives and write the answer in the answer sheet provided
i. Suppose your among the ten members who are in process of opening the company, which document will you prepare to define the relationship between the company and the outsiders
ii. 1000kg is the quantity demanded of cows skin by VETA students, this cows skin have many uses to them. What type of demand is this
iii. A Tanzanian firm sell its product at Tshs. 1000/= per litre of that product within the country boundaries, but firm sells the same product at Tsh.700/= per litre when export that product to Kenya and other countries. This act is referred as
iv. TRA used to tax people according to their income, the higher income taxed more than the lower income. This principal is called
v. During the famine period the government allow the importers to import the certain tonnes of rice from China at a specific period of time. This quantitative restriction is referred as
vi. Foreign investors from Japan to Tanzania invest in buying securities, bonds and treasury bills. What type of market is dealing with?
vii. Miss Sikujua is a famous artist who allow her name to be used in certain partnership business, she did not contribute capital but she is given a small share in the profit. Miss Sikujua is
viii. An entrepreneur who keeping on generating new ideas as well as thinking the best ways of putting the ideas into practice, that behaviour is called
ix. The head of the school instruct the academic department to order books through post office and also advise them to receive the books through post office , this kind of business is known as
x. Mr.Mtata wants to transport petroleum from Russia to Tanzania. Which one among the following is suitable ship to be used in transportation?
2. Match the description of the bank payment in Column A with the corresponding terminology in Column B by writing the letter of correct terminology beside the item number in the answer.
COLUMN A | COLUMN B |
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SECTION B (54 MARKS)
3. Assume your father's car has been stolen some spare parts in the parking area when he was attending meeting. Your father is not aware of insurance claim procedures. Advise him on the six (6) procedures for insurance claim
4. Msomi is a boarding student who also her home place is not far from the school, when Msomi goes home for midterm break she decide to find a person who assist her to carry her bag from school to home and she pay that person
5. Your debtor Mr.Msanii has cleared the debts through cheque, it takes four months to present it at bank, when the cheque present at bank, the banker did not accept it. Briefly explain six (6) possible reasons for rejecting this cheque.
6. Assume you selected to present your class in school academic committee and one of the activities is to prepare presentation from subtopic of your choice. You happen to choose to prepare the presentation on importance of commerce. During your presentation, show how you will explain six importance of commerce in Tanzania.
7. (a) There are many challenges faced by businessmen/women in registering business in Tanzania. Explain three (3) of them.
(b) Elaborate three (3) ways of overcoming above challenges in 7(a).
8. Mr.Mfanyakazi is a cash and carry wholesaler who buy goods for sale at Tshs.16,000/= he wishes to make a gross profit of 30%. His indirect expenses are expected to be 15% of the gross profit. Calculate.
SECTION C (30 MARKS)
Answer ANY two questions from this section
9. "Business ethics can be practiced towards various business stakeholders like customers, community, government, shareholders, suppliers and employees of an organization ". As a Commercial student examine six (6) ethical business practices that are essential in a business environment.
10. Your brother is running his own business at Manyema. He has his long-time friend who wishes to do business with him. Your brother is not knowledgeable about advantages and disadvantages of doing the business with his friend. Explain to him three (3) advantages and three (3) disadvantages of doing the business with his friend.
11. When a Biology teacher reaches to the topic of disease he decide to use a television diseases programme to show the student how people suffer from different types of diseases, the media send the information clearly to the students and every student understood the lesson very well.
FORM FOUR COMMERCE EXAM SERIES 117
FORM FOUR COMMERCE EXAM SERIES 117
THE UNITED REPUBLIC OF TANZANIA PRESIDENT'S OFFICE
REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
TANGA REGION
FORM FOUR MOCK EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
TIME: 3 HOURS MAY 2023
INSTRUCTIONS
SECTION A (16 MARKS)
Answer all questions from 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 on the answer sheet provided
i. Mr. Charles Lugolola is a trader selling second hand clothes that he normally buy them from Dubai and sell them in Dar es salam-Tanzania. Which type of trade is Mr. Charles Lugolola conducting? .
ii. Which is the correct reason for the movement along the demand curve?
iii. Martine was complaining that he was one among the lower income earners but his salary has been deducted more than higher income earners. Which do you think is the method that has been used by his institution to deduct his salary?
iv. Ms. Neema is a retailer with her retail shop in Dodoma town. She took insurance cover of her pick-up that she always use to collect her goods from the wholesalers' warehouses. One day she got fire accident in her shop. She went to claim for compensation but the insurer refused to do so. Which principle of insurance was used by insurer to refuse to compensate her?
v.Which one among the following is the correct classification of warehouses?
vi. If there was a farmer who had wheat and wanted salt he had to find one who had salt and wanted wheat, this is an example of:
vii. Which of the following is not a feature of free goods?
viii. The following statements are true of a bill of exchange, which one is not?
ix. Aids to trade may be defined as the activities aimed at
x.If Tanzania exports more goods to Rwanda than she imports from the same country, this means that;
2. Match the items of list A with the corresponding items in list B by writing the letter of the correct item in the space provided
List A | List B |
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SECTION B (54 MARKS)
Answer all questions from this section
3. Given the following information
Opening stock ............................. Tsh 120,000
Net purchases ............................... Tsh 150,000
Closing stock ............................... Tsh 100,000
Net sales .................................. Tsh 300,000
Compute the following
4. What do you understand by the follOwing commercial terms:
5. (a) In starting and operating a business, a community requires to have knowledge on how to conduct business in order to satisfy their needs and wants. Basing on the statement above, enumerate three ways in which the community benefits from learning business studies.
(b) Juma and John are form one students. On Monday they were not present at school and on the same day their Commerce teacher taught their fellow students about types of production. As a business expert, help them on stating three differences between direct and indirect production.
6. Based on the definition of insurance, indicate whether the following guarantees can be considered to be an insurance contract or not :
7. (a) Mwenyeji is a businessman who deals with buying and selling of wheat flour. He buys his stock in bulk from Azam industry in Dar es Salaam and sells the product to different retailers in Tanga region. In three points, explain how Mwenyeji facilitates Azam industry in its daily business activities.
(b) Entrepreneurship is a process of establishing and managing enterprises based on existing business opportunities. Basing on this statement, mention three factors that may inhibit entrepreneurial development in a country like Tanzania.
8. Mr. Bambo is the sole trader and two of his friends have consulted him in a bid to combine their business in order to establish a partner4iip business. He worried of risking his -capital into a partnership business. Help him to clear his doubts by giving six benefits of partnership business.
SECTION C (30 MARKS)
Answer two question from this section
9. (a). The use of money is one approach among many use to counterbalance shortcomings of the barter trade. Describe the qualities of money which gives it superiority over the barter trade.
(b) Mr. Chapakazi wants to withdraw money from his bank account through a cheque. Although he has enough balance with his bank account, the bank teller refused to make payment against such a cheque. What could be the reasons as to why the bank teller refused to make such a payment?
10. There are people who do not buy or sell goods but offer services which facilitate trade. Without such services there would be hindrances in the exchange of goods. With the help of such services there is a continuous flow of exchange of goods and service which helps in the distribution of goods. Basing on this statement explain six auxiliary services in commerce.
11. Mr. Araphat is struggling to start business in Dodoma City, he is very much motivated t o start business as he find large number of people from different regions in the country move to the capital city, for him this is a big opportunity. He has identified five potential businesses which he is capable of dealing with, however capital is the big problem to him, as a commercial expert advises him on how to get rid of that problem.
FORM FOUR COMMERCE EXAM SERIES 95
FORM FOUR COMMERCE EXAM SERIES 95
CHRISTIAN SOCIAL SERVICES COMMISSION (CSSC) NORTHERN ZONE JOINT EXAMINATIONS SYNDICATE (NZJES)
FORM FOUR PRE-NATIONAL EXAMINATIONS 2022
061 COMMERCE
TIME 3 Hours Friday 23 September 2022 p. m
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 letter besides the item number in the answer booklet/sheet provided.
(i) 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?
(ii) Amina sells juice in small quantities to final consumers after buying them in reasonable quantities from wholesalers, therefore Amina is a
(iii) Meshaki is Tanzanian business who goes to Dubai to buy clothes with the aim of re-exporting. Therefore. Meshaki is a
(iv) Mr. Drogbaimported furniture from Japan but did not pay import duty in the port authority. The port authorized and kept the furniture in the place called.
(v) 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?
(vi) The ore, bulk or oil carriers which uses different holds to transport a mixed cargo at the same time though water transport are known as
(vii) While viewing football match via television, Wilson saw advert about comfy mattress saying only caring parents buy for children, which method of appeal has been used in such advert?
(viii) The price quotation that includes all costs to the port of destination plus unloading charges,
(ix) E & O.E is an abbreviation included at the foot of an invoice; it stands for
(x) The source of finances that derived from within an organization through accumulating profit is called
(xi) Jembe, Malima and Mtani Jembe were discussing about ways of classifying goods. What do you think should be the correct response;
(xii) You are an expert of commerce and someone needs to know the correct form of transport, what should be your presentation to them?
(xiii) Which bank accounts will you advice a trade to open if he/she want to deposit/withdraw cash at any time and allow overdraft to its customers?
(xiv) Simba cement company Ltd has been advertising its product for almost twenty years now. It is obvious that a good 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;
(xv) Tanzania is one of the third world countries. It imports more than what it exports. Therefore, Tanzania has;
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.
Column A | Column B |
(i) These are the tax by companies. For example bonite bottlers limited company (ii) These are tax assessed and collected by the local authorities. For example municipal and district council (iii) These are tax imposed on the properties which has increased its value when sold (iv) These are tax imposed on the wealth of a person at the time of death (v) A tax used to discourage consumption of harmful products like beer and cigarettes. |
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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 to 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 neat a major road and it is assured against fire; an oil tanker passing by happen to overturn near you house and catches fire which burn down your house. Explain the steps to be taken so that you may be compensated 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 brother is operating a small business as 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 draw has sufficient funds but I am sorry we cannot cash it”
FORM FOUR COMMERCE EXAM SERIES 89
FORM FOUR COMMERCE EXAM SERIES 89
TANZANIA HEADS OF ISLAMIC SCHOOLS COUNCIL FORM FOUR INTER ISLAMIC MOCK EXAMINATION
061 COMMERCE
(For Both School and Private Candidates)
Time: 3 Hours Friday, 9th September 2022 a.m.
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(s) provided.
(i) Sita bought a car on installment bases in spite of paying a down payment, a car seller did not provide Sita with car ownership until he paid the last installment. Which system of installment was applied under this transaction?
(ii) After finishing form four, you were admitted as a partner in a family business. You contributed capital, shares profits of the partnership but you did not participate in the dayto-day management of the business. You can be described as what type of partner?
(iii) Suppose after two years you planned to engage in cultivation of cotton and maize for sale within and outside your country. Which level of production does your business belong?
(iv) A business plan is an important document needed by various parties inside and outside the organization. Which among the following does not indicate the really purpose of a business plan?
(v) Kanji of Zambia is a trader selling second hand clothes that normally buy them from China and selling them in Zambia. Which form of trade is conducted by him?
(vi) Mr. Chuya fears to establish a business firm due to various uncertainties like fire and theft. Advise him on an aid to trade which can help him to restore his confidence and concentrate on business without any fear:
(vii) The growth of trade and commerce in Tanzania has been contributed by many factors. Which among the following factors did not play such a role?
(viii) “Buy one get one” was a slogan used by Coca Cola Company to encourage customers to buy their products. This form of promotion is known as:
(ix) A warehouse owned by Zaka for his personal use, sometimes allows other people to store their goods and pay storage fee. This type of warehouse is referred to as:
(x) Due to the impact of COVID-19, the price of fuel continues to rise every year. What will be the impact of a demand for cars due to that effect of price of fuel?
(xi) A document prepared by one company or organization to another on account of an event which gives out the results of an investigation and recommendation is known as:
(xii) Zika is a Tanzanian who established a money transfer application which was not there before. The machine facilitates the transfer of money between different countries around the world. Zika’s creativity is referred to as:
(xiii) Mrs. Kachiki as a house wife prepared a fresh fruits juice for her kids consumption. In which type of production does the activity done by Mrs. Kachiki belong?
(xiv) Mtu owns a store in Arusha. His friend visited him and found him checking and keeping a record of the number of items in stock and their values. Which stock administration function was Mtu performing?
(xv) Jongo has entered into a hire purchase agreement to buy a computer from a retail store over a two years period. When will he become the legal owner of the computer?
2. Match the descriptions of the types of goods in column A with the corresponding type of goods in column B by writing the letter of the correct response beside the item number in your answer booklet.
COLUMN A | COLUMN B |
(i) Are the goods which are used by consumers to satisfy their needs directly (ii) Are the goods which are used to produce other goods (iii) Are the goods which are available for any one to use, regardless of who pays and who does not pay (iv) Are the goods which are freely available by nature and in abundance (v) Are the goods which last for a long period of time without being destroyed |
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SECTION B (50 Marks)
Answer all questions in this section
3. Gora has inherited a substantial amount of money and would like to set up a business. Explain to him five (5) factors he should take into consideration in deciding which business units to take.
4. Your house which is situated near the major road is insured against fire which may arise from within. Describe the steps that you should take in seeking compensation in the event of accident.
5. You have been employed by SBT Japan to assist the company in importation of raw materials. Explain five (5) documents that you will use while conducting your duties.
6. Various countries impose different forms of direct taxes to its citizens to generate revenue so as to fund its running expenditure. Identify five of them imposed in Tanzania.
7. (a) You have been employed as a marketing Manager by Samsung Company. Give three reasons why you should continue advertising company’s products which are already in the market?
(b) Explain two benefits that a company expects from continuing to advertise.
SECTION C (30 Marks)
Answer only two (2) questions in this section
8. Before Juma a businessman decides on the methods of transport to be used in delivering goods to his customers, he must consider number of factors concerned with transportation. Describe those factors. (Six points)
9. Jio received his pension fund from NSSF this year and he is planning to start a business. Suggest to him six (6) preliminary activities that he should conduct before starting his business.
10. Tisu and Tusa are leading business partners in your community. They pay most of their creditors through cash despite being too risk. As a commercial student elaborate how they can overcome those risks by using cheque. Give five (5) points.
FORM FOUR COMMERCE EXAM SERIES 81
FORM FOUR COMMERCE EXAM SERIES 81
PRESIDENT'S OFFICE, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
ARUSHA REGIONAL FORM FOUR MOCK EXAMINATION
061 COMMERCE
TIME : 3 Hours July 2022
INSTRUCTIONS
1. This paper consists of section A, B and C with a total of ten (10) questions
2. Answer all question in section A and B and only two questions from section C
3. Section A carries twenty (20) marks, section B carries fifty (50) marks and section C carries thirty (30)marks
4. Communication device and any unauthorized materials are not allowed in the examination room
5. Write your NAME on every page of your answer booklet(s)
SECTION A (20 Marks)
Answer ALL questions in this section
1. Choose the correct answer from the alternative given and write its letter beside; -
(i) ABC Co. Ltd is the main producer of plastic plates in Arusha. How best can we classify goods produced by ABC co. Ltd?
(ii) A Cheque which is presented to the bank before the date is called
(iii) Series provided by the teachers,lawyers and police can be classified as:
(iv) "The higher the price the lower the quantity demanded and the vice versa" According to this law of demand what factor influences the buying decisions?
(v) Ms He1len wishes to purchase life assurance policy from Zanzibar lnsurance Cooperation where she can pay a premium for a specified number of years. What policy would you advise her to purchase?
(vi) Transport is one of the very important aids to trade as it provides a link between producer and the market for their production. As an expert provide the main form of transport.
(vii) In Tanzania today many businessmen have conflicts with Tanzania Revenue Authority (TRA) concerning the use of Electronic Fiscal device (EFD) Machine despite ofits important in the business practice to both. As an expert what do you think can the government benefit from the use of EFD machine?
(viii) From a case of question number (vii),what benefit can business men get from using EFD machine?
(ix) Kingo is the famous businessmen in Tanzania. He used to buy cars from Japan and sell them to individual customers in Tanzania. What is the best term describing the activity done by Kingo?
(x) Considering a case of question number (ix), what is the best term describing cars imported from Japan?
(xi) You are provided with the following sets of retailer, which set represents large scale retailer?
(xii) Utalii College is the best provider of tour guide course in Tanzania. Which level of production activity does by Utalii College fulfill?
(xiii) Kishoi and her family grow vegetables for their home use. What type of production done by this family?
(xiv) Bilateral trade in international trade means;
(xv) An entrepreneur who works while thinking of increasing sales for 10% in to two years is assumed to be in a right track. What characteristics do you think this entrepreneur has?
2. Match the explanation of the international trade documents in column A with the documents names in column B by writing the letter of the correct answer beside the item number.
COLUMN A | COLUMN B |
(i) A document used to inspect the quality and the prices of the goods before it had been dispatched to other country (ii) A document which allows the bank to pass and sell the goods imported so as to recover the debt. (iii) A document that show an agreement between the exporter and the slip owner to carry goods to their destination (iv)The document that show the country where goods have been manufactured. (v) A document which informs the exporter about the date at which goods will be at the port ready for lading |
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SECTION B (50 Marks)
Answer ALL Questions In This Section
3. Differentiate the following commercial terms
(a) Business and commerce
(b) Oral communication and written communication
(c) Trade and aids to trade
(d) Fax and internet
(e) International trade and export trade.
4. "A country whose people have entrepreneurship knowledge is likely to have quick economic development" Explain five importance of entrepreneurship which reflect the above statement.
5, The coffee producer from Mtakuja village they have decided to build a warehouse this year (2022) as they expect to have more harvests than the previous years. As one of the committee member what essential factors would you advice to be considered when choosing allocation for constructing a warehouse? (Give five of them).
6. In 2022 Tanzania like any other country in the world is affected by high prices of petroleum product. This cause the price of goods and services to increase. The government announces that;it is the causes of war in Ukraine. However, the public complain that, war is not the main cause rather than high rate of taxes on the products. They asked the government to remove those taxes of which is very difficult. What type of taxes is imposed in petroleum product? Describe four advantages of such a tax.
7. (a) In the current years A- Y Ltd face a dramatic fail of its sales. The management is Malang a research to know what might be the cause. As a commercial expert help them to know four of the factors that might be the cause.
(b) From the following demand and supply schedule for sugar, draw up a combined demand and supply curves. Clearly show / Indicate equilibrium point. equilibrium price and equilibrium quantity.
Quantity demanded (kg) | Quantity supplied (kg) | Price (TZ) |
4000 | 1000 | 100 |
3500 | 1500 | 150 |
3000 | 2000 | 200 |
2500 | 2500 | 250 |
2000 | 3000 | 300 |
1500 | 3500 | 350 |
1000 | 400 |
SECTION C (30 Marks)
Answer TWO questions from this section
8. In the modern business, communication becomes one of the important tools to ensure effective and efficient use of human resource in the business firm as item provide harmony working environment. However, it is not always possible to have effective communication in the firm. Describe at least six barriers to effective communication.
9. Many with money (currencies) from one point to another during any business activity increases the risks of the money to be stolen. This makes businessmen shift from using cash payment to other means of payment which are move safe. Identify any six means of payment commonly used in Tanzania today
10. Many businessmen in Tanzania are shifting from running the business inform of sole proprietorship to a company due to many benefits associated with company over sole proprietorship. Analyze at least five advantages of company over proprietorship.
FORM FOUR COMMERCE EXAM SERIES 72
FORM FOUR COMMERCE EXAM SERIES 72
PRESIDENT'S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
KILIMANJARO REGIONAL COMMISSIONER'S OFFICE
FORM FOUR MOCK EXAMINATION
CODE :061 COMMERCE
TIME:3 HOURS 05/07/2022
INSTRUCTIONS:
l. This paper consists of sections A,B and C with total of 10 questions.
2. Answer all questions in section A and B and any TWO questions from section C.
3.Communication devices and any unauthorized materials are not allowed in
examination room.
4. Write your examination number in every page of your answer booklet(s).
SECTION A (20 MARKS)
Answer all questions in this section
I .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) 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?
(ii) 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?
(iii) Which method would Tanzania adopt if she wants to completely restrict importation of sugar from Zambia?
(iv) Mpopo is a large scale retailer who wants to identify the fast moving goods in his business. Which stock calculation will Mpopo apply to arrive at correct identification?
(v) Some entrepreneurs debated that internal motivation in entrepreneurship is wastage of resources. Which statement evidences that internal motivation is an important aspect in entrepreneurship?
(vi) Which of the following would you use to send fresh fruits and vegetables from Arusha to Canada as an exporter from Tanzania?
(vii) Self-services is a common feature of a
(viii) The following are factors to be considered when selecting a channel of distribution EXCEPT:
(ix) Are warehouses which are owed by the government and. individual and to anyone wishing to hire them for a certain charge.
(xv) The safety means of payment that is being recommended to businessmen is by:
2. Match the following items by writing the letter of the correct meaning from list B against the number of item in list A
LIST A | LIST B |
i) The name, mark, symbol or sign given to a product with the aim of identifying the product and differentiate it from the competitor's product ii) Involves anything that can be offered in the market for attention, acquisition or use, normally involves goods or services iii) A part of brand which is given legal protection but it is capable of exclusive appropriation iv) A part of brand which can be pronounced when a buyer orders for a product. v) Refers to the exclusive legal rights to reproduce, publish and sell product in the form of literacy or artistic work. |
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(SECTION B 50 Marks)
Answer all questions
3. Mr. Kazimoto plans to establish fish industry in Mwanza city, but he is worrying on how to raise capital for his business. Briefly explain to him any five (5) possible sources of capital.
4. For a foreign business communication to be effective, there must be clear understanding between the communication parts. Briefly explain five (5) barriers to effective communication.
5. (a) Draw the supply curves to show an increase in supply of maize and state the effect of an increase in supply on equilibrium prices and equilibrium quantity.
(b) Draw the supply curves to show a decrease in supply of maize and state the effect of a decrease in supply of maize on equilibrium prices and equilibrium quantity.
6. Storage facility is one of the problems facing mobile shop traders in Tanzania. The solution towards this problem is to hire a space in private warehouses. Briefly elaborate to the four types of private warehouses and advise them the one which is suitable for their business
7. The following information was extracted from the books of Nyakamande a wholesaler for the financial year ending 3 1 st May 2020.
Closing stock | Tshs. | 240,000 |
Gross profit | Tshs. | 320,000 |
Net purchase | Tshs. | 720,000 |
Cost of goods sold | Tshs. | 800,000 |
Cash in hand | Tshs. | 15,000 |
Calculate the following:
(i) Opening stock
(ii) Net sales
(iii) Average stock
(iv) Rate of stock turn
(v) Margin as percentage
SECTION C (30 MARKS)
Answer only TWO (2) questions in this section.
8. A good transport facility in business is regarded as blood vessels in the human body. Justify this statement with six importance of a good transport facilities in business.
9. Management in all business and organizational activities is the act of coordinating the effort of people to accomplish the desired goals and objectives using available resources efficiently and effectively. As a commercial student explain five (5) importance of management
10. Suppose your name have been shortlisted by SIDO (Small Industries Development Organization) as a job applicant under research and development department. An interviewer asked you to explain the contributions of innovation towards business success. What would be your response? (give six points).
FORM FOUR COMMERCE EXAM SERIES 54
FORM FOUR COMMERCE EXAM SERIES 54
THE UNITED REPUBLIC OF TANZANIA PRESIDENT’S OFFICE, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT
MWANZA CITY JOINT EXAMINATION (NYEGEZI, BUTIMBA AND MKUYUNI WARDS)
FORM FOUR PRE MOCK EXAMINATION
COMMERCE
Time: 3 Hours April 2021
Instructions
SECTION (20MARKS)
Answer all questions from this section
1. For each of the items (i) – (xv) choose the correct answer from among the given alternative and write its letter beside the item number on the answer sheet provided
(i) Mr. Charles Lugolola is a trader selling second hand clothes that normally buying them from Dubai and selling them Dar es salaam-Tanzania. Which type of trade Mr. Charles Lugolola conducting?
(ii) Which is the correct reason for the movement along the demand curve?
(iii) Martine was complaining that he was one among the lower income earners but his salary is always been deducted more than higher income earners. Which do you think is the method that has been used by his institution to deduct his salary?
(iv) Ms. Neema is a retailer with her retail shop in Dodoma town. She took insurance cover of her pick-up that she always uses to collects her goods from the wholesalers’ warehouses. One day she got fire accident in her shop. She went to claim for compensation but the insurer refuses to do so. Which principle of insurance has been used by insurer to refuse to compensate her?
(v) Which one among the following is the correct classification of warehouses?
(vi) If there was a farmer who had wheat and wanted salt he had to find one who had salt and wanted wheat, this is an example of:
(vii) Which of the following is not a feature of free goods?
(viii) Nearly every journey involves junctions where we can transfer from one form of transport to another, in this case we are referring to:
(ix) All the qualities of good money are important, but the most important quality of good money is:
(x) The following statements are true of a bill of exchange which one is not?
(xi) The surrender value of a life assurance policy is
(xii) The process of giving a particular name to a product is called
(xiii) A delcredere agent
(xiv) Aids to trade may be defined as the activities aimed at
(xv) If Tanzania exports more goods to Rwanda than she imports from the same country, her
LIST A | LIST B |
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SECTION B (50 MARKS)
Answer all questions from this section
3. Given the following information
Opening stock …………………………………………………. Tsh 120,000
Net purchases ………………………………………………….. Tsh 150,000
Closing stock ………………………………………………….. Tsh 100,000
Net sales ……………………………………………………… . Tsh 300,000
Compute the following
4. What do you understand with the following?
(a) Management
(b) Amalgamation
(c) Quasi partner
(d) Co-operative society
(e) Prospectus
5. (a) Enumerate five ways in which the community benefits from learning business studies.
(b) State five differences between direct and indirect production.
6. You have been appointed as manager of Twiga cement Company in Tanzania, this comes as the strategy to improve the performance of the company following its failure to meet their pre-determined goals, with five points explain what you will do to realize good standard of service of your company
7. (a) Briefly explain five services that are rendered by middlemen to producers in the chain of distribution.
(b) Mention five factors that may inhibit entrepreneurial development in a country.
SECTION C (30 MARKS)
Answer two question form this section
8. (a) It is often argued that in a commercial system such as that existing in Tanzania a wholesaler cannot be eliminated. Justify.
(b) Describe under what circumstances banks will dishonor a cheque even if the drawer has enough money in his account.
9. There those people who do not buy or sell goods but offer services which facilitate trade. Without such services there would be hindrances in the exchange of goods. With the help of such services there is a continuous flow of exchange of goods and service which helps in the distribution of goods. Basing on this statement explain six auxiliary services in commerce.
9. Mr. Araphat is struggling to start business in Dodoma City, he is very much motivated to start business as he find large number of people from different regions in the country move to the capital city, to him this is a big opportunity. He has identified five potential businesses which he is capable of dealing with, however capital is the big problem to him, as an expert advises him on how to get rid to his problem.
FORM FOUR COMMERCE EXAM SERIES 63
FORM FOUR COMMERCE EXAM SERIES 63
THE UNITED REPUBLIC OF TANZANIA NATIONAL EXAMINATION COUNCIL OF TANZANIA
FORM IV MOCK EXAMINATION 2020 DODOMA REGION
Time: 3:00 Hrs Friday 7, August 2020 pm
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
i. An overdraft exists when
ii. Which one of the following 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 which 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 balanceof
xi. A marketing board is a board set up to
xii. Which of the following is the benefit of sole traders over limited companies?
xiii. Which of the following industries are concerned with obtaining raw materials from natural resources?
xiv. One method of discouraging imports is to
xv. The term “ Legal Tender “ means
2. Match the item in column “A” with the responses in column “B” by writing the letter on the correct response beside the item number.
COLUMN A | COLUMN B |
i. Document issued by an airline company to act as a contract of carriage by the airline company and contract to pay freight charges by the sender of goods. ii. Document issued by insurance company after the payment of the premium by the insured. iii. Tax levied on import or export. iv. The document clearly states the rules and regulations that guide the internal operation of the company. v. Document that empowers the public limited company to start operating. |
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SECTION B, (50 Marks)
Answer all questions in this section
3. You have been invited in a seminar about Taxation conducted by Tanzania Revenue Authority. The main theme of the seminar is “the effects of taxation” at the end of the seminar, you will be required to present to your fellow students the positive and negative effects of taxation in an economy. Summarize your presentation by showing the:-
4. Write short notes on the following terms;
5. Write short notes on the following items
6. Can we eliminate the wholesaler? Give five reasons to support your answer.
7. (a) What is cheque?
(b) Give four reasons for a cheque to be dishonoured
SECTION C, (30 Marks)
Answer two (2) questions from this section
8. Why is it necessary for a country to be as self-sufficient as possible?
9. Give reasons why taxation is compulsory in our country.
10. a) Explain the factors to be considered when identifying a business opportunity.
b) Explain five business opportunities which are more profitable in Tanzania.
FORM FOUR COMMERCE EXAM SERIES 5
FORM FOUR COMMERCE EXAM SERIES 5