TANZANIA HEADS OF ISLAMIC SCHOOLS COUNCIL

 FORM TWO INTER ISLAMIC MOCK EXAMINATION

 061 COMMERCE

TIME: 2:30 Hours  Monday 31^stJuly, 2023 a.m.

Instructions

1. This paper consists of sections A, B and C with a total of ten (10) questions.
2. Answer all questions in each section.
3. Section A and C carry fifteen (15) marks each and section B carries seventy (70) marks.
4. All answers must be written in the spaces provided.
5. All writings must be in blue or black ink except drawings which must be in pencil.
6. All communication devices and calculators are not allowed in the examination room.
7. Write your Examination Number on the top right on every page.

SECTION A (15 Marks)

Answer all questions in this section

1. For each of the items (i) – (x), choose the correct answer from among the given alternatives and write its letter in the box provided.

(i) Mpamila stores deal with distribution of already produced goods without changing their form. What type of production is Mpamila stores involved?

1. Direct production
2. Primary production
3. Secondary production
4. Tertiary production

(ii) Which among the following terms describes Mr. Omar who decided to quit from his job as a public doctor and open a café at Nanyumbu market?

1. Entrepreneurship
2. Business
3. Production
4. Self-employment

(iii) Mr. Dandee is a supplier in Manyara Region who specializes in selling Azam products only. How can his shop be described?

1. Tied shop
2. A supermarket
3. Specializing shop
4. A chain stores

(iv) After reaching at the port of Dar es Salaam Mr. Kato’s car was kept until he paid a government tax and other port duties. Based on that statement, where was that car kept?

1. Depot
2. Public warehouse
3. Bonded warehouse
4. Private warehouse

(v) One of the following reasons is not intrinsic factor that influences Miss Joan to establish the cash crops production in Morogoro region.

1. Internal focus of control
2. Need to prove an idea
3. Government subsidies
4. Desire to satisfy person and society needs

(vi) Mwajuma and her husband were discussing on the type of crops to produce. Mwajuma suggested cotton as it may serve different purposes, hence its demand is

1. Derived demand
2. Composite demand
3. Complementary demand
4. Competitive demand

(vii) Mwang’ombe wants to hire a ship from Kilimanjaro star cargo to transport his grains to Malaysia. Which of the following documents will settle the agreement between them? 

1. Consignment note
2. Delivery note
3. Bill of lading
4. Charger party

(viii) The President of Tanzania establishes good relationship with many countries in the world to open a new market for cashew nuts. This justifies the President’s influence in: 

1. Export trade
2. Import trade
3. Entreport trade
4. Domestic trade

(ix) METL Company has branches scattered in Tanzania to facilitate the supply of MO products. The line of business conducted by METL is described as:

1. Departmental stores
2. Hyper markets
3. Multiple shops
4. Consumer’s cooperative shop

(x) People buy more of Coca Cola when the price of Pepsi rises. How are these goods called?

1. Complementary goods
2. Substitute goods
3. Inferior goods
4. Normal goods

ANSWERS:

2. Match the advantages of the modes of transport in column A with the corresponding mode in column B by writing the letter of the correct response beside the item number in the box provided.

ANSWERS:

SECTION B (70 Marks)

3. Assume your name has been shortlisted for an interview to work with Keko furniture production industry. How would you explain the following concepts to interview panelists?

1. Manufacturing industries
2. Constructive industries
3. Extractive industry
4. Direct production
5. Indirect production

4. The diagram below shows the quantity of rice demanded by Mariam and price charged at the market

(a) Explain the concept portrayed by the diagram above.

(b) Explain four (4) factors that cause the shape of the above diagram

5. Mzee Kombo believes that exchanging commodities for commodities was the best system of exchange than commodity for money. With five (5) points disagree with his belief.

6. The following are details of Karambo stores for the year ended 31^st December 2022. Stock at 1^st January 2022 TZS 15,000, stock at 31^st December 2022 TZS 13,000, gross profit was TZS 35,000, total expenses TZS 15,000 and profit margin was 20%. From the above information you are required to calculate:

1. Average stock
2. Purchases amount
3. Sales amount
4. Rate of stock turnover
5. Net profit

7. Suppose you have been given a task to present how goods are distributed from production area to the consumption area. Analyse factors you will consider when choosing a channel of distribution (give five points)

8. During his speech the Minister of trade commented that entrepreneurship plays a key role in economic development. With five points analyse how minister’s comment is true?

9. Khalid is an employee in Mzalendo transporters, specialized in recording vouchers and issuing of receipts to customers. Evaluate five (5) benefits enjoyed by him.

SECTION C (15 Marks)

10. Mwantumu wants to transport her bulk items from Morogoro to Dar es Salaam.

(a) Advise her the suitable means of transport.

(b) Explain six (6) advantages from (a) above.

Candidate's Examination Number . . . . . . . . . . . . . .  .

PRESIDENT'S OFFICE REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT 
KILIMANJARO REGION MOCK FORM TWO EXAMINATION 

CODE: 061 COMMERCE

TIME: 2:30 HRS MAY 2023

INSTRUCTIONS

1. This paper consists of section A, B and C with a total of ten (10) questions.
2. Answer all questions
3. Section A and C carries carry fifteen (15) marks each and section B carries seventy (70) marks.
4. Cellular phones and any unauthorized materials are not allowed in the examination

SECTION A (15 marks)

Answer all questions

1. For each of the items (i) - (x), choose the correct answer from the given alternatives and write its.letter in the box provided.

i. Mtokambali from Katavi region is a trader who deals with buying beans in bulk from different regions in Tanzania and sells them in Katavi. The type of trade conducted by Mtokambali is mainly categorized as:

1. Retail trade
2. Home trade
3. Foreign trade
4. Import trade

ii. Which one is the most important role played by a wholesaler in the chain of distribution?

1. Advertise his product
2. Breaking the bulk
3. Transport goods
4. Provide credit facilities to retailers

iii. An accountant of Kisauti company is preparing financial statements annually. In which type of labour do the accountant be placed?

1. Semi trained labour
2. Skilled labour
3. Unskilled labour
4. Manual labour

iv. The process of giving a particular symbol to a product is called

1. Pre-weighing
2. Packaging
3. Branding
4. Brand name

v. Mangi is a trader who buys goods at Tsh. 24,000/= and sells them at Tsh. 30,000/= what is his mark-up percentage?

1. 20%
2. 25.5%
3. 25%
4. 8%

vi. In which category of industry do the process of converting cotton into clothes done?

1. Manufacturing
2. Constructive
3. Extractive
4. Direct services

vii. Suppose you have been exposed to a group of successful entrepreneurs; what is the main feature that you expect to observe from them to justify their success?

1. Attractive personality
2. Product knowledge
3. Pleasantness
4. Hard working

viii. One of your classmates told you that, she plan to be self-employed soon after graduating her first degree course. What advantages do you think she will enjoy for being self-employed?

1. To have long working hours
2. To manage business risks
3. Pleasantness,
4. Hard working

ix. Which activity is classified as a labour in production?

1. A women cooking food for her kids
2. A father repairing a bicycle for his kids
3. A teacher teaching kids at Mwenge primary school
4. A teacher teaching his kids at home every evening.

x. Which one is an example of large scale retailing business?

1. Mobile shops
2. Tied shops
3. Multiple shops
4. Single shops

ANSWERS

2. Match description of production in List A with the corresponding production concept in List B by writing the letter of the correct answer in the table provided.

ANSWERS

SECTION B (70 MARKS)

3. You're very lucky to be among of few students who joined in school in business study, since you are acquiring business knowledge so after you complete ordinary level and you decide to be a retailer. What qualities should you adopt in order to be a successful retailer?

4. Differentiate the following concepts:

1. Self-employment and entrepreneurship
2. Bonded warehouse and public warehouse
3. Commerce and economics
4. Hire purchase and deferred payment
5. Demand and supply

5. Assume that your father think that your option to take commerce is wrong choice. Briefly give us five (5) facts that you're going to show your father that your choice is perfect.

6. Mr. Kasheshe is planning to transport vegetables from Kilimanjaro to Tanga using either road or railway transport. He invited you to advise him on the type of transport so that he can make decision on his plan. By giving five (5) advantages, convince him to use road transport rather than railway transport.

7. Bread and butter complements because they are often enjoyed together. When the price of bread rises ,what do you think is likely to happen to the

1. Supply of butter
2. Demand for butter
3. Quantity demanded for butter
4. Quantity supplied for butter
5. Price in the market for butter

8. Suppose your commerce teacher had assigned you to prepare the class presentation about the essential characteristics of successful entrepreneur. Briefly explain five characteristics of a successful entrepreneur.

9. The following details were extracted from the book of Makoko for the year ending 31/07/2023.

• Purchases . . . . . . . . . . . . . . . . . . . Tzs 500,000/=
• Opening stock. . . . . . . . . . . . . . . . . . .Tzs 80,000/=
• Closing stock. . . . . . . . . . . . . . . . . . .Tzs 40,0001=
• Minimum stock level. . . . . . . . . . . . . . . . . . .120kg
• Daily sales volume. . . . . . . . . . . . . . . . . . .80kg
• Delivery time. . . . . . . . . . . . . . . . . . .5 days

By using the information given above, calculate the following by showing clearly all the work.

1. Average stock
2. Cost of goods sold
3. Rate of stock turn
4. Order point

SECTION C (15 MARKS)

10. Suppose your commerce expert had assigned you to prepare the class presentation about the essential features or a warehouse. Briefly explain six essential features of a warehouse that you will consider in your presentation.

CHRISTIAN SOCIAL SERVICES COMMISSION (CSSC) SOUTHERN HIGHLANDS ZONE

FORM TWO PRE-NATIONAL ASSESSMENTS, 2022

COMMERCE

INSTRUCTIONS

1. This paper consists of sections A, B and C with a total of 10 questions.
2. Answer all questions.
3. All writing must be in blue or black ink.
4. All answers must be written in the answer sheet provided
5. All communication devices and calculators are not allowed in the examination room.

SECTION A (15% MARKS)

Answer all questions in this section

1. For each of the item (i) – (x) choose the correct answer from among the given alternatives and write is letter in the box provided at the end of this question.

1. The management of stock in a business so that the goods for selling are always in sufficient quantity is known as;

1. Stock control
2. Stock taking
3. Stock valuation
4. Stock administration

2. The production process of goods as means of increasing utility ends when the:

1. Manufacturing process ends
2. Goods reach retailer’s shop
3. Goods are kept in a warehouse
4. Goods reach the final consumer

3. The process of buying goods and services from another country is known as

1. Foreign trade
2. Export trade
3. Import trade
4. Home trade

4. Which of the following is a reward for labour and entrepreneurship as factors of production?

1. Salaries and profit or loss
2. Rent and interest
3. Wages and interest
4. Rent and wages

5. The shop which sells the product of one manufacturer only is called?

1. Supermarket shop
2. Tied shop
3. Single shop
4. Mobile shop

6. A warehouse where imported goods are kept waiting for custom duty clearance is called?

1. Specialized warehouse
2. Public warehouse
3. Bonded warehouse
4. Private warehouse

7. Land, labour, capital and _________ are the main factors of production.

1. Machinery
2. Plant
3. Entrepreneurship
4. businessman

8. Which among the following is not a benefit of self-employment?

1. Financial rewards
2. Few hours of work
3. Independence
4. Wrong decision making

9. The point where demand and supply curve intersect is called?

1. Central point
2. Zero point
3. Equilibrium point
4. Margin

10. Which of the following functions is not normally done by wholesaler to retailer?

1. Breaking the bulk
2. Storage
3. Market research
4. Transportation.

2. Match the items in List A with the items in List B by writing the letter of the correct answer under the table given below.

 SECTION B (70 MARKS)

Answer all questions in this section.

3. (a) What is self-employment ___________________________

(b) “Mr Peter is a self-employed person is very much enjoying his work”, explain five (05) benefits which Mr Peter obtain from being self employed

4. Briefly explain the following terms in relation to commerce

1. Entrepreneurship __________________
2. Demand __________________________
3. Production _________________________________
4. Channel of distribution _______________________
5. Unity ___________________________

5. Draw a well diagram how commerce showing how commerce is being divided.
6. Customer at Kariakoo market kept complaining that “the supply of goods is not constant throughout the year” as a form two expert of commerce you have been invited to educate them about the factors that causes changes in supply of such goods at Kariakoo market (give 05 points)
7. Study the schedule below and answer the questions that follow:

You are required to:

1. Draw up demand and supply curve on the same part of axis and indicate equilibrium price, equilibrium quantity, and equilibrium point.
2. Calculate price elastic of demand when the price changes from Tshs 400/= to Tshs 600/=

8. Stock administration is the management of stock. As a form two an expert of commerce, briefly explain five (05) activities mainly taking part in the stock administration.
9. (a)Transportation helps to transport goods from the area of production to the area of consumption, assume you are required to transport maize from Sumbawanga to Njombe which means of transport will you use? _____________

(b)Briefly explain four (04) advantages of that means of transport:

(c)Briefly explain four (04) factors which influence you to choose the above mode of transport.

SECTION C (15 MARKS)

10. John is a manager of UPATU COM.LTD he always motivate his employees to work hard to attain organizational objectives and their personal objectives, state five (05) importance of motivation to the employees of UPATU COM.L.T.D

THE PRESIDENT’S OFFICE MINISTRY OF EDUCATION, REGIONAL ADMINISTRATION AND LOCAL GOVERNMENT 

TANZANIA HEADS OF ISLAMIC SCHOOLS COUNCIL  

FORM TWO INTER ISLAMIC MOCK EXAMINATION  

061 COMMERCE

TIME: 2:30 HOURS Wednesday, 29^th September 2021 a.m.

Instructions

1. This paper consists of sections A, B and C with a total of seven (7) questions.
2. Answer all questions.
3. Section A and B carry thirty (30) marks each and section C carries forty (40) marks.
4. All answers must be written in the spaces provided.
5. All writings must be in blue or black ink.
6. All communication devices, Calculators and any unauthorized materials are not allowed in the examination room.
7. Write Your Examination Number on the top right of every page.

SECTION A: (40 Marks)

Answer all questions in this section

1. For each of the following items (i) - (x), choose the correct answer and write its letter in the box provided:

(i) The method of payment where the buyer sends money for the goods on ordering for them is known as:

1. Cash on delivery
2. Prompt cash
3. Spot cash
4. Cash with order.

(ii) Which of the following types of warehouses enables Tanzania Revenue Authority to collect import duty? 

1. Public warehouse
2. Bonded warehouse
3. Wholesale warehouse
4. Private warehouse.

(iii) If a trader is given 20% trade discount and 5% cash discount for goods purchased at TZS 200,000/=, how much will he pay?:

1. TZS 150,000/= 
2. TZS 160,000/=
3. TZS 152,000/=
4. TZS 120,000/=.

(iv) The reason why people participate in exchange of goods is:

1. To get money
2. They over produce
3. They prefer what is produced by others
4. They specialize in production of different goods and services.

(v) The process of checking and keeping record of the number of items in stock and their values is known as:

1. Stock control
2. Stock valuation 
3. Issuing of stock
4. Stock taking.

(vi) The distribution, exchange of goods and service and activities that help in the movement of goods from the producer to the consumer is known as:

1. Production
2. Aids to trade
3. Trade
4. Commerce.

(vii) Why are there more new business in the retail trades than in manufacturing?

1. Few skills required to run retail business
2. More capital is required to start retail trading
3. Retailer can obtain bank loans without collateral security
4. The retail trade is more profitable than manufacturing.

(viii) Which one of the following activities is under primary production?

1. Coffee processing
2. Car manufacturing 
3. Road construction
4. Oil drilling.

(ix) The system of installment selling where the buyer takes ownership of the property immediately after the first deposit is known as:

1. Hire purchase
2. Mortgaging
3. Credit sales 
4. Deferred payment.

(x) Given average stock at selling price TZS 144,000/= and the cost of sales of TZS 720,000/=. The rate of stock turn will be:

1. 4 times
2. 0.2 times
3. 5 times 
4. 0.8 times.

2. Match the descriptions of Entrepreneurship in list A with the relevant response from List B by writing the letter of the correct response below the corresponding item number in the table provided.

Answer:

3. (a) For each of the statements (i) – (x), write TRUE if the statement is correct or FALSE if the statement is not correct in the space provided.

(i) Secondary level of production consists of manufacturing industry and constructive industry. _________

(ii) Price and income are among the factors which cause change in quantity demand for a particular commodity. __________

(iii) Employment enables people to have stable income throughout the year. _____

(iv) Supply curve has a positive slope because as price of the commodity rises

fever goods will be supplied. ___________

(v) Water, railway, air and road transport are the modes of transport. __________

(vi) When units produced equal to zero, then total cost of production will be equal to summation of all fixed cost incurred. ___________

(vii) An aid to trade which involves making the public aware of the availability of goods and services in the market is television. _________

(viii) Production is classified into three major branches which are commerce, business and direct services. __________

(ix) Hypermarket is a large shopping center located away from the city center with a very large space for packing and selling variety of goods under self-service. ___________

(x) Trade mark is a system of giving name or symbol to a product to differentiate it from other similar product. _________

(b) Complete the following sentences by writing the correct answer in the spaces provided

(i) A factor of production which is characterized by value appreciation is called ______________________________________________________________.

(ii) A businessman who carries the goods and moves from one place to another looking for customers is known as __________________________________.

(iii) After watching the success of biggest entrepreneurs such as Mohammed Dewji, Mswahili was interested to become an entrepreneur. The type of motivation that has motivated Mswahili is ____________________________.

(iv) A labour who uses more of mental efforts than his/her physical efforts is known as ______________________________________________________.

(v) During a particular year, wheat farmers experienced dry weather; if all other factors remain constant, the farmer supply curve for wheat will shift to ______________________________________________ 

SECTION B: (30 Marks)

Answer all questions in this section

4. (a) Explain the meaning of demand

(b) Describe any four (4) conditions for effective demand.

5. Distinguish between the following terminologies as used in commerce

(a) Time utility and place utility

(b) Change in supply and change in quantity supply

(c) Bonded warehouse and public warehouse

(d) Business and trade

(e) Wholesale trade and retail trade

SECTION C: (40 Marks)

Answer all questions in this section

6. (a) What is production?

(b) Draw the production chart and clearly indicate all its branches.

7. Sleyyum has bought medicine from China and they are urgently needed to serve the life of patients in Tanzania. Which mode of transport would you consider appropriate for Sleyyum? Explain five (5) advantages of using the mode of transport that you have chosen.