GR 9 EMS MEMO Eng Jun 2016
GR 9 EMS MEMO Eng Jun 2016
GR 9 EMS MEMO Eng Jun 2016
PROVINCIAL EXAMINATION
JUNE 2016
GRADE 9
MEMORANDUM
9 pages
ECONOMIC AND MANAGEMENT
MEMORANDUM
SCIENCES GRADE 9
SECTION A
QUESTION 1
MULTIPLE-CHOICE QUESTIONS
1.1
1.1.1 B
1.1.2 C
1.1.3 D
1.1.4 A
1.1.5 C
(5x2) (10)
TOTAL SECTION A: 20
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ECONOMIC AND MANAGEMENT
MEMORANDUM
SCIENCES GRADE 9
SECTION B
QUESTION 2
ECONOMIC SYSTEMS
2.1 Satisfying unlimited wants and needs with limited resources. (2)
2.2.3 Government
2.2.4 Private
2.3 2.3.1 One advantage of globalisation is that it brings foreign investment into the
country.
(or ANY relevant answer) (2)
2.3.2 One disadvantage is that in developing countries they can create job
losses and in very poor countries they create sweatshops.
Dumping
(or ANY relevant answer) (2)
[12]
QUESTION 3
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ECONOMIC AND MANAGEMENT
MEMORANDUM
SCIENCES GRADE 9
QUESTION 4
PRICE THEORY
200 S
D
180
PRICE
(R)
160
140 E
120
100
S D
0 50 100 150 200 250 Q
(6)
QUANTITY
The one mark can only be allocated if the numbering on
the graph is completed correctly.
4.4 As the prices of goods and services increase, the quantity of goods and
services offered by the supplier’s increases. (2)
TOTAL SECTION B: 36
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ECONOMIC AND MANAGEMENT
MEMORANDUM
SCIENCES GRADE 9
SECTION C
FINANCIAL LITERACY
QUESTION 5
JOURNALS
5.1
CASH RECEIPTS JOURNAL OF ADAMS PLASTICS – JULY 2014 CRJ1
SUNDRY ACCOUNTS
ANALYSIS
DOC.
DAY
FOL
DETAILS OF BANK SALES COST OF SALES DEBTORS’
NO. CONTROL
FOL
RECEIPTS AMOUNT DETAILS
Barack
92 11 5 200 - 4 200 - 1 000 - Stationery
Wholesalers
(6)
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ECONOMIC AND MANAGEMENT
MEMORANDUM
SCIENCES GRADE 9
5.3
INV.
DAY DEBTOR FOL SALES COST OF SALES
NO.
(4)
5.4
20 11 D.Sohni D2 60 - -
(6)
[23]
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ECONOMIC AND MANAGEMENT
MEMORANDUM
SCIENCES GRADE 9
QUESTION 6
GENERAL LEDGER
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ECONOMIC AND MANAGEMENT
MEMORANDUM
SCIENCES GRADE 9
QUESTION 7
ACCOUNTING EQUATION
5
Debtors’ Allowances Debtors’ Control - - 0
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ECONOMIC AND MANAGEMENT
MEMORANDUM
SCIENCES GRADE 9
SECTION C
ENTREPRENEURSHIP
QUESTION 8
ECONOMIC SECTOR
“A potato farm, must get the services of an accountant to do its books and taxes. The
farmer needs fertiliser and pesticides that farming operations use in large quantities.”
Primary sector
Secondary sector
Tertiary sector
The primary sector supplies raw materials to the secondary sector to be used in the
manufacturing of goods. In addition, many primary products are supplied to tertiary
businesses for sale to consumers, such as fruit and vegetables, fresh fish, milk and
eggs.
The secondary sector supplies the primary sector with much of the equipment and
consumable goods it needs to carry out its business operations. For example,
factories produce the fertiliser and pesticides that farming operations use in large
quantities.
The secondary industry gets its operational goods such as stationery, water and
electricity, legal advice and banking services from tertiary industries.
The tertiary sector gets everything it makes available to consumers from the primary
and secondary industries. Tertiary industries supply primary, secondary and other
tertiary industries with the goods and services that they need to carry out their
business operations. [9]
TOTAL SECTION D: 9