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CSEE 🇹🇿 NECTA ✓ Official NECTA answers

Commerce · Paper 1 · 2007

16 questions

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Questions (16)

Section A

1. 1 mark

The following are the factors which affect or influence demand:

A. Weather
B. Price of commodity
C. Consumer's income
D. Consumers taste and habit
E. All of the above

Section C

5. 0 marks

(a) Define a cheque. 2 mk
(a) Define a cheque. 0 mk
(b) Draft a cheque from the following data: (i) Drawer's name - Waziri John of Dodoma (ii) Name of the bank - NBC Ltd Dodoma (iii) Amount to be paid - Tshs. 50,000/= (iv) Payee - Chausiku Mohamed of Dodoma (v) Date - 10/11/2003 (vi) Account No. - 4615102 (vii) Cheque No. - A 201561 (viii) Make it an order and cross it specially. 6 mk
(b) Draft a cheque from the following data: (i) Drawer's name - Waziri John of Dodoma (ii) Name of the bank - NBC Ltd Dodoma (iii) Amount to be paid - Tshs. 50,000/= (iv) Payee - Chausiku Mohamed of Dodoma (v) Date - 10/11/2003 (vi) Account No. - 4615102 (vii) Cheque No. - A 201561 (viii) Make it an order and cross it specially. 0 mk

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6. 0 marks

Complete the following chart and show clearly the calculations.

A•v era ge stockCost of salesNet salesGross profitRate of stock turnoverExpensesNet profit
35,000210,000265,000(a)(i)(a)(ii)18,100(a)(iii)
24,000(b)(i)(b)(i)41,000827,450(b)(iii)
(c)(i)240,000(c)(ii)(c)(iii)1026,60023,400
((a)(i) Net profit for row A 3 mk
((b)(i) Net profit for row B 3 mk
((c)(i) Gross profit for row C 3 mk

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7. 0 marks

(a) What is a cooperative society? 3 mk
(a) What is a cooperative society? 0 mk
(b) Mention and explain the principles of a co-operative society. 0 mk
(b) Mention and explain the principles of a co-operative society. 7 mk

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8. 0 marks

(a) Define international trade. 2 mk
(a) Define international trade. 0 mk
(b) Outline four (4) advantages and four (4) disadvantages of international trade. 0 mk
(b) Outline four (4) advantages and four (4) disadvantages of international trade. 8 mk

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9. 0 marks

(a) What is planning? 3 mk
(a) What is planning? 0 mk
(b) Explain why planning is an important function of management. 7 mk
(b) Explain why planning is an important function of management. 0 mk

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