GAUTENG DEPARTMENT OF EDUCATION PROVINCIAL EXAMINATION JUNE 2016 GRADE 9 ECONOMIC AND MANAGEMENT SCIENCES ANSWER BOOK NAME OF LEARNER: ___________________________________________ GRADE: _________ TIME: 1 hour MARKS: 100 10 pages P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 2 GAUTENG DEPARTMENT OF EDUCATION PROVINCIAL EXAMINATION ECONOMIC AND MANAGEMENT SCIENCES TIME: 1 hours MARKS: 100 SECTION A QUESTION 1 MULTIPLE CHOICE 1.1 1.1.1 1.1.2 1.1.3 1.1.4 1.1.5 (10) 1.2 MATCH COLUMNS / ITEMS 1.2.1 1.2.2 1.2.3 1.2.4 1.2.5 (5) 1.3 TRUE OR FALSE 1.3.1 1.3.2 1.3.3 1.3.4 1.3.5 (5) TOTAL SECTION A: 20 P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 3 SECTION B QUESTION 2 ECONOMIC SYSTEMS 2.1 (2) 2.2 2.2.1 2.2.2 2.2.3 2.2.4 2.2.5 2.2.6 2.3 (6) 2.3.1 (2) 2.3.2 (2) [12] P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 4 QUESTION 3 CIRCULAR FLOW 3.1 3.1.1 3.1.2 3.1.3 3.1.4 3.1.5 3.1.6 (6) 3.2 (4) 3.3 (2) [12] P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 5 QUESTION 4 PRICE THEORY 4.1 (6) 4.2 (1) 4.3 (2) 4.4 (2) 4.5 (1) [12] TOTAL SECTION B: 36 P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 6 SECTION C FINANCIAL LITERACY QUESTION 5 JOURNAL 5.1 CASH RECEIPTS JOURNAL OF ADAMS PLASTICS – JULY 2014 CRJ1 BANK SALES COST OF SALES DEBTORS’ CONTROL AMOUNT FOL DETAILS FOL DOC NO. DAY SUNDRY ACCOUNTS ANALYSIS OF RECEIPTS DETAILS (7) 5.2 CASH PAYMENTS JOURNAL OF ADAMS PLASTICS – JULY 2014 DOC NO. DAY NAME OF PAYEE FOL BANK TRADING STOCK CPJ 1 SUNDRY ACCOUNTS AMOUNT FOL DETAILS (6) P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 5.3 DEBTORS’ JOURNAL OF ADAMS PLASTICS – JULY 2014 INV NO. DAY DEBTOR 7 DJ1 FOL SALES COST OF SALES (4) 5.4 DEBTORS’ ALLOWANCES JOURNAL OF ADAMS PLASTICS – JULY 2014 DEBIT NOTE NO. DAY DEBTOR FOL DEBTORS’ ALLOWANCES DAJ1 COST OF SALES (6) [23] P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 8 QUESTION 6 GENERAL LEDGER GENERAL LEDGER OF LIJO STORES – MAY 2014 DR MON. & YR. DEBTORS’ CONTROL DAY DETAILS FOL AMOUNT MON. & YR. DAY B8 DETAILS FOL CR AMOUNT [6] P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 9 QUESTION 7 ACCOUNTING EQUATION ACCOUNTING EQUATION FOR ELSAC STORES – JUNE 2014 DAY ACCOUNT DEBITED ACCOUNT CREDITED A EFFECTS OE L [6] TOTAL SECTION C: 35 P.T.O. ECONOMIC AND MANAGEMENT SCIENCES GRADE 9 10 SECTION D ENTREPRENEURSHIP QUESTION 8 ECONOMIC SECTOR [9] END TOTAL SECTION D: 9 TOTAL: 100