GAUTENG DEPARTMENT OF EDUCATION
PROVINCIAL BASELINE ASSESSMENT
2023
GRADE 9
QUESTION PAPER
ECONOMIC AND MANAGEMENT
SCIENCES
NAME OF LEARNER: _______________________________
GRADE 9: ______
NAME OF SCHOOL: ________________________________
DISTRICT: ______
QUESTION 1.1
MARK
OBTAINED
5
1.2
2.1
2.2
2.3
3.1
3.2
TOTAL
5
8
4
5
8
10
50
This paper consists of 8 Pages including coversheet.
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INSTRUCTIONS
1. This question paper consists of 3 questions
2. Answer all questions on the spaces provided on the question paper.
3. All questions are COMPULSORY.
4. Read the instructions thoroughly before answering the questions.
5. The use of a non-programmable calculator is permissible.
6. Write neatly and legibly.
QUESTION
TYPE OF QUESTION
DURATION
MARKS
TOTAL
IN
MINUTES
SECTION A (SHORT QUESTIONS)
Question 1.1
Multiple choice
Question 1.2
Matching type questions
5
12
5
10
17
SECTION B: Economy and Entrepreneurship
Question 2.1
Question 2.2
Question 2.3
20
Business Plan
Management
Markets
SECTION C: ACCOUNTING EQUATION
8
4
5
Question 3.1
Accounting Cycle
5
Question 3.2
Cash Receipt Journal
Question 3.3
Accounting equation
TOTAL
28
10
23
8
60 Minutes
50
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SECTION A
(10 Marks; 12 Minutes)
QUESTION 1
Multiple choice questions
1.1.
Cycle the correct answer from the list given that match with the statement.
1.1.1. Which one of the following is not a function of money?
A. Store of value
B. Unit of account
C. Medium of exchange
D. Promissory note
1.1.2. This is a general plan of action to sell more products.
A. Market research
B. Target market
C. Marketing strategy
D. Advertising
1.1.3. Which of the following statement is NOT true about types of goods:
A. Free goods are goods which are freely available and not scarce. e.g., Air
B. Consumer goods and services are produced to
satisfy our needs and wants
C. Semi-finished goods are those goods that are used to make other products, for
example steel used to make metal.
D. Economic goods are freely available on the market.
1.1.4. Which of the following statement is not true about different types of consumer goods:
A. Are goods and services that are produced to satisfy our needs and wants.
B. Non-durable are no longer available once you have used them, e.g. food and water.
C. Semi-durable consumer goods last for ever.
D. Durable consumer goods are used over and over, e.g. furniture, car
1.1.5. One of the following is not a factor that can improve productivity
A. Better education and training
B. Specialisation
C. Division of labour
D. Strict management
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(5 x 1)
1.2 Matching type
Choose a term from COLUMN B that matches a description in Column A. Write only the
letter (A – G) next to the question numbers (1.2.1 to 1.2.5) in the column provided
No.
COLUMN A
COLUMN B
ANSWERS
1.2.1. Possession and properties owned by the A. Price fixing
business enterprise.
1.2.2. It is an example of a management style
B. Incomes
1.2.1.
1.2.3.
It is an agreement between businesses selling C. Planning
same products not to compete on price
1.2.4. All cash receipts or proceeds of the business D. Public debts
1.2.3.
1.2.5. Determines the mission and goals of the E. Assets
enterprise
F. Controlling
1.2.5.
1.2.2.
1.2.4.
G. Laizzes-faire
H. Public debt
TOTAL
(5 x 1)
TOTAL SECTION A: 10
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SECTION B
Question 2:
2.1. Business Plan
(17 Mark
PIETERSEN FRESH PACK BAKERIES
Ms. Pietersen was a student of consumer studies and hospitality
courses. After completion of her studies she decided to start her own
small business (bakery) in a township which she will run by herself.
She recruited experienced local workers to empower the community.
She established relationships with the community, where she will bake
cakes for their events like wedding, graduation parties,etc.
The community enjoyed buying fresh bread, hot from the oven. This
attracted many customers. After a while, she started experiencing
decline in customers, this was as a results of the Mall that was
completed few months ago. In the Mall there were big businesses
which rendered bakeries services as well
Complete a SWOT analysis for PIETERSEN FRESH PACK BAKERIES and list ONE
component for each section.
Strengths
Weaknesses
Opportunities
Threats
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(4 x 2)
2.2. Forms of ownership
Forms of ownership is about the raising of capital, business ownership, business control,
risk taking, profit sharing and payment of tax. Use the table below to explain the difference
between the mentioned forms of ownerships.
Items/Descriptions
Partnership
Private company
e.g., Ownership
2 - 20
1 – 50
1. Liabilities
2. Tax obligation
(4 x 1)
2.3 Markets
Use the following word bank to classify the product in a correct type of market.
Cars; loan; manager; hairdressing; carwash.
Goods and services
Labour market
Financial market
market
(5 x 1)
TOTAL SECTION B: (17 Marks)
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SECTION C: FINANCIAL LITERACY
(23 marks; 28 minutes)
QUESTION 3: Accounting cycle
3.1. Use the word bank provided to complete the accounting cycle sequence.
Accounting cycle refers to a series of six sequential steps that are used to record the
accounting events from the day of occurrence to the day of reporting.
General Ledger; Source documents; Trial Balance; Subsidiary Journals; and
Financial Statement
STEP 1
Transaction
STEP 2
STEP 3
STEP 4
STEP 5
STEP 6
x 1)
(5 x 1)
3.2. CASH RECEIPT AND ACCOUNTING EQUATION
You are provided with the information relating to Kasi Car wash for September 2022.
The business is owned by Mr. J.G. Vilakazi
REQUIRED:
3.1 Prepare the Cash receipt journal of Kasi Car wash 2022.
Transactions: September 2022
1
Mr J.G. Vilakasi, owner of Kasi Car wash started his business with cash
contribution of R10 000 as capital; receipt 001 was issued and money was
deposited in the current account of the business.
5
Cash received for serviced as per cash register tape (CRT01), R2 500.
(8)
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3.3. ACCOUNTING EQUATION
4.1. Analyse the effect of the following transactions in the accounting equation:
Transactions:
1
Issued receipt no.03 to T.M Mbeki for rent received R450
2
Purchase cleaning material for R1 000 paid by EFT.
(10)
TOTAL SECTION C: 23
GRAND TOTAL: 50
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3.2. Cash receipts Journal of Kasi Traders for September 2022.
Doc
Day Details
Fol. Analysis Bank
no.
of
Receipts
Current
Income
Sundry Accounts
Amount
Fol.
Details
(8)
3.3. Effect on the accounting equation
NO
Source documents
Subsidiary Book
Account
debited
Account
credited
Asset
Owner’s
equity
Liabilities
(10)
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