MOCK EXAMINATION 2017

COMMERCE AND ACCOUNTING PAPER 4

TIME: 1 HR Marks: 40

INSTRUCTIONS
1. Answer ALL questions.

2. All answers must be written in the spaces provided.

Name: _________________________________ Centre: ___________________

For Tutor’s use

Marks Scored

Total Marks
Use the information below to answer question 1.

Totoba decided to open a barber shop and wants his business to be a

partnership. She consulted Slick and Books to join him in the business.
Slick has bookkeeping skills while Books has hair dressing skills.

(a) Explain one advantage to Totoba of being in a partnership business

with Slick and Books.
___________________________________________________________________________

___________________________________________________________________________

_______________________________________________________________. (2)

Totoba, Slick and Books had a discussion and proposed that the
name of their partnership business be TSB Barbers and agreed to
contribute P300.00 in total as start-up capital. They also got a loan of
P2 500 from the school. They plan to acquire the following items:

ITEM QUANTITY UNIT COST TOTAL COST

P P
Hair Clipper 2 250 600
Towels 4 50 200
Spirit 1X750ml 25 25
Chairs 3 50 150
Shade 1 800 800
Broom 1 50 40
Apron 1 60 60
Hair food 1 40 40
Powder 1 20 20
Generator 1 500 500
TOTAL X

b) Find the value of X: _________________________________________. (2)

The following items are expected to be paid by TSB business for 6 weeks:

ITEM COST
Electricity 60
Water 60
Wages 240
Telephone 60
Total Y

c) Find the value of Y: _________________________________. (2)

d) Use the space below to find the total capital cost of the business. (3)

e) Use the space below to find the total variable cost of the business. (3)
 f) Design an advertisement that TSB could use. (4)

g) Briefly outline any two ethical issues that TSB barbers should take
into consideration when designing the advertisement.

___________________________________________________________________________

___________________________________________________________________________

___________________________________________________________________________

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_________________________________________________________________ (4)
h) Draw a Profit forecast for TSB barbers. (6)

i) Describe two functions that Slick and Books will be doing as per their
skills.

a) Slick: _______________________________________________________________

_____________________________________________________________________

_____________________________________________________________________

_____________________________________________________________________

_____________________________________________________________________

_________________________________________________________ (4)
 b) Books: : ____________________________________________________________

_____________________________________________________________________

_____________________________________________________________________

_____________________________________________________________________

_____________________________________________________________________

________________________________________________________ (4)

j) Identify two strategies that TSB berbers could use in order to

compete well in the market.

_____________________________________________________________________

_____________________________________________________________________

_____________________________________________________________________

____________________________________________________________ (2)

k) As a business in Botswana, suggest 4 possible things that TSB will

have to do in a way of participating in community building in
Botswana.

___________________________________________________________________________

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__________________________________________________________________ (4)