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Q1— Section header —
1.1Various op tions are given as possible answers to the following questions. Choose the answer and write only the letter (A D\ next to the question number (1.1.1
1.1.10\in the ANSWER BOOK.
1.1.1s a legally independent company with more than 500 employees
1.1.2... is/are examples of debt financing. Personal finances Friends and relatives Equity shares Bank overdraft
1.1.3SETA sta Services Education Training Authority kills Education Training Act
1.1.4... is an agreement that allows you to borrow or rent land and buildings or eq uipment from the owner for a certain period of time. Interest Leasing
1.1.5The expenses/costs incurred in the formation of a firm, and in advertising, promotional activities, employee training, etc is called
1.1.6forfeited in the event of a default. Liabilities Assets Collateral Owner
1.1.7or common way of behaving. Deviation Responsibility Contract Risking
1.1.8protect professional advice and service to provid individual
1.1.9The process of choosing the best or cheapest company to supply goods or do a job by asking several companies to make offers for imiting
1.1.10involves listing and totalling all costs. direct
Q2— Section header —
2.1Identify FOUR products that Jabulani repairs (4\
2.2
2.3Give FOUR reasons why Jabulani needs to continually advertise his business. (4 2\ (8\
2.4Define the following terms:
2.4.1Cash flow
2.4.2
2.5Provide full names for the following acronyms:
2.5.1VAT
2.5.2PAYE
2.5UIF
2.5
2.6Explain the following tax responsibilities to Jabulani.
2.6.1VAT (2\
2.6.2UIF (2\ [30]30
Q3— Section header —
3.1Give THREE reasons why Jabulani should draw up cash flow statements for his business. (3 2\ (6\
3.2Advise Jabulani on how he can calculate his business break even point by giving him a formula he can use as a guideline. (5\
3.3riefly describe FOUR factors that influence the repayable amount of a loan.
3.4ifferen tiate between:
3.4.1Costing
3.4.2
3.5Describe FOUR disadvantages of short term bank loans.
3.6List FIVE expenses that form part of Jabulani mont hly operating costs (5\
Q4— Section header —
4.1
4.2
4.3A code of conduct is only valid when it is applied to all activities of the business. Wh ich THREE business ctivities should be covered by a compa
4.4
Q5— Section header —
5.1Identify FOUR laws regulat ing risk management in general, which Jabulani must be aware of when operating his business.
5.2Provide FOUR examples n which the Labour Relations Act applies to Jabulani s sector. (4
5.3One of the children whom Jabulani is considering employ ing is 15 years old. Advise Jabulani
Q6— Section header —
6.1Discuss FOUR external factors Jabulani must consider which have an impact on the pricing decisions of a business
6.2Identify FOUR limitations that Jab lani must consider, which can negatively influence his business
6.3Draw a break even graph showing the following: Fixed costs Variable costs Total costs Income from sales Profit Break
6.4Describe FO UR factors to consider when searching for new suppliers n terms of the
6.5Identify FOUR ways that Jabulani can use to search for suppliers. (4\ (30 11 034\
6.6Use the following information to prepare the Income and Expenditure Statement for Jabulani for January 2020. Use the ADDENDUM (attached\ and fill
Q6— Section header —