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CSEE 🇹🇿 NECTA ✓ Official NECTA answers

Commerce · Paper 1 · 2010

23 questions

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Questions (23)

Section B

3. 4 marks

The following figures are for the year 2003. Stock 01/01/2003: Tshs. 800 Stock 31/12/2003: Tshs. 1,200 Purchases: Tshs. 10,000 A uniform fraction of 1/6 margin is applied. Find the:

(a) Mark-up 1 mk
(a.) Mark-up 2 mk
(b.) Cost price 2 mk
(b) Cost price 1 mk
(c.) Gross profit 2 mk
(c) Gross profit 1 mk
(d) Sales figure 1 mk
(d.) Sales figure 2 mk

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4. 10 marks

Write short notes on the following:

(a) Catalogue 2 mk
(a.) Catalogue 2 mk
(b.) Organization chart 2 mk
(b) Organization chart 2 mk
(c.) Common seal 2 mk
(c) Common seal 2 mk
(d.) Negotiation 2 mk
(d) Negotiation 2 mk
(e) Direct production 2 mk
(e.) Direct production 2 mk

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5. 5 marks

Mr. Mtakuja wants to join a consumer cooperative society. Define consumer co-operative society and give four (4) benefits he would enjoy by being a member of such type of society.

(defin) Define consumer co-operative society 1 mk
(none) Give four (4) benefits he would enjoy by being a member of such type of society. 4 mk
(benef) Give four (4) benefits Mr. Mtakuja would enjoy by being a member. 4 mk

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6. 5 marks

Give five (5) differences between a partnership and a company.

(none) Give five (5) differences between a partnership and a company. 5 mk

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Section C

7. 10 marks

7. (a) Explain five (5) characteristics of a good warehouse. (b) B. Rashid is a businessman who imports cars from Dubai for sale. Explain five benefits he gets from the use of bonded warehouses.

(a.) Explain five (5) characteristics of a good warehouse. 5 mk
(a) Explain five (5) characteristics of a good warehouse. 5 mk
(b.) B. Rashid is a businessman who imports cars from Dubai for sale. Explain five benefits he gets from the use of bonded warehouses. 10 mk
(b) B. Rashid is a businessman who imports cars from Dubai for sale. Explain five benefits he gets from the use of bonded warehouses. 5 mk

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8. 5 marks

Explain the circumstance that can make a seller prefer cash with order to cash on delivery from the buyer.

(none) Explain the circumstance that can make a seller prefer cash with order to cash on delivery from the buyer. 5 mk

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9. 5 marks

It is often argued that advertising is an unnecessary expense which is ultimately passed onto the consumer by way of increased prices. Discuss.

(none) It is often argued that advertising is an unnecessary expense which is ultimately passed onto the consumer by way of increased prices. Discuss. 5 mk

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10. 10 marks

10. (a) Discuss the importance of insurance to the economy of Tanzania. (b) Explain the side effect(s) of under insurance to the insured.

(a.) Discuss the importance of insurance to the economy of Tanzania. 7 mk
(a) Discuss the importance of insurance to the economy of Tanzania. 5 mk
(b) Explain the side effect(s) of under insurance to the insured. 5 mk
(b.) Explain the side effect(s) of under insurance to the insured. 3 mk

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