COMMERCE COMPONENT C

TEACHERS CALA GUIDE

LEARNING AREA: COMMERCE (4049)

DURATION: 2 WEEKS

LEVEL: O’ LEVEL

CALA TYPE: PEN, PAPER, AND PRACTICAL

SYLLABUS TOPIC: BANKING AND FINANCE

CALA TITLE: BUDGETING

COMPETENCIES/SKILLS:

 Data collection
 Research and analysis
 Data presentation
 Critical thinking

DIMENSIONS/CRITERIA TO BE ASSESSED

 Identify at least 2 businesses based locally

 Gathering data on expenditure
 Carry out interviews to gather data on expenditure and receipts
 Drawing up of a cash budget
 Calculation of cash inflow and outflow

OBJECTIVES TO BE ACHIEVED

By the end of the CALA the learner must be able to:

 Identify at least 2 businesses based locally

 Draw up interview questions used for gathering data
 Collect data on receipts and expenditure associated with the businesses identified
 Drawing up of a cash budget
 Calculate of cash inflow and outflow

1
LEARNERS’ CALA GUIDE

NAME OF SCHOOL MNCUMBATHA SECONDARY SCHOOL (100510)

NAME………………………………………………………………………………

CANDIDATE NUMBER ……………………………………………………….

LEVEL O’ LEVEL

LEARNING AREA COMMERCE (4049)

DURATION 2 WEEKS

CALA TITLE BUDGETING

CALA BACKGROUND

It has been observed that a lot of small businesses in Zimbabwe fail because they lack
funding. This is as a result of failure to acquire funding from banks by potential owners, who
fail to provide required documents such as a cash budget when applying for loans. You are
required to identify 2 businesses of your choice, gather data through interviews or
questionnaires on receipts and expenditure involved and draw up a cash budget.

2
PART A

 Identify 2 businesses of your choice (2)

 Outline the expenditure involved (6)
 Draw up interview questions used for gathering data (6)
 Calculate estimates of receipts and expenses from gather collected (6)

PART B

 Draw up a cash budget for single month (10)

 State the merits and demerits of cash budgets (10)

CALA TIPS

 You are reminded of the need to present your work sequentially, neatly and legibly.
 Specify the line of business of the organisation chosen

CALA ASSESSMENT PROCEDURE

Assessment will be based on evidence of:

 Identification of 2 businesses
 Interview questions or questionnaires provided
 Data on receipts and expenditure gathered
 Cash budget drawn
 State the merits and demerits of cash budgets

3
Structure of budget

Cash budget of N ltd for the month ending 31 December 2021

Details $$$ $$$

RECEIPTS
Sales XXXXX
Bank loan XXXXX
LESS PAYMENTS XXXX
MACHINERY XXXXX
RENT XXXXX
PURCHASES XXXXX
ELECTRICTY XXXXX
FUEL XXXXX
(XXXXX)
NETCASHINFLOW AND OUTFLOW XXXXXX

4
 MARKING GUIDE

 Identify of 2 businesses (2)

 Interview questions or questionnaires provided (6)
 Outline the expenditure involved (6)
 Data on receipts and expenditure gathered (6)
 Cash budget drawn (10)
 State the merits and demerits of cash budgets (10)

Total [40]

ACHIEVEMENT STANDARDS

LEARNING AREA: COMMERCE (4049)

LEVEL: O’ LEVEL

CALA TITLE: BUDGETING

Dimensions Excellent Very Good Good Unsatisfactory

35-40 marks 30-34 marks 25-30 marks 15-20 marks
Identify at least 2 Identify at least 2 Identify at least any Identify at least 1
Identify at least 2
businesses based businesses based 2 businesses (1) businesses (1)
businesses based
locally and in the locally but in different
locally (2)
same line (2) line (1)
Gathering data on 6 relevant 5 relevant expenditure 3 relevant 2 relevant expenditure
expenditure expenditure named named (5) expenditure named named (2)
(6) (3)

Carry out interviews 6 relevant question 5 relevant question on 3 relevant question 2 relevant question on
to gather data on on the interview (6) the interview (5) on the interview (3) the interview (2)
expenditure and
receipts

5
Drawing up of a cash Correctly and Correctly and neatly Correctly and Correctly and neatly
budget neatly structured structured cash budget neatly structured structured cash budget
cash budget with all without cash cash budget without total
information (10) inflows/outflows without total receipts ,total
missing (8) receipts and expenditure and net cash
expenditure (6) flows (4)
Identify the merits 5 merits and 5 4 merits and 4 3 merits and 3 2 merits and 2 demerits
and demerits of cash demerits of cash demerits of cash demerits of cash of cash budget (4)
budget budget (10) budget (8) budget (6)