HISTORY
PAPER 2
GRADE 12
NSC PAST PAPERS AND MEMOS
FEBRUARY/MARCH 2017
INSTRUCTIONS AND INFORMATION
SECTION A: SOURCE-BASED QUESTIONS
Answer at least ONE question, but not more than TWO questions, in this section. Source material to be used to answer these questions may be found in the ADDENDUM.
QUESTION 1: HOW DID THE STUDENTS FROM SOWETO CHALLENGE THE APARTHEID REGIME IN THE 1970s?
Study Sources 1A, 1B, 1C and 1D and answer the questions that follow.
1.1 Refer to Source 1A.
1.1.1 What, according to Desmond Tutu, was the purpose of grand apartheid? (2 x 1) (2)
1.1.2 Why did the apartheid government decide to arrest political activists in the 1960s? (1 x 2) (2)
1.1.3 Quote any FOUR pieces of evidence from the source which describe how black South Africans lived in the townships. (4 x 1) (4)
1.2 Read Source 1B.
1.2.1 What, according to the source, was Tsietsi Mashinini's ultimate goal? (1 x 1) (1)
1.2.2 How did Tiro describe Mashinini as a student? (2 x 1) (2)
1.2.3 What do you understand by the term Black Consciousness? (1 x 2) (2)
1.2.4 Comment on why you think the Soweto Uprising of 1976 turned Mashinini into a national and international hero. (2 x 2) (4)
1.3 Study Source 1C.
1.3.1 Identify the first school in the source that embarked on protest action on 16 June 1976. (1 x 1) (1)
1.3.2 How, according to the source, did the police respond to the marchers on Vilakazi Street? (2 x 1) (2)
1.3.3 Why do you think the police decided to use live ammunition (bullets) on the students? (1 x 2) (2)
1.3.4 Comment on the role that women played during the Soweto Uprising of 1976. (2 x 2) (4)
1.3.5 Explain to what extent you would consider the information in this source reliable when studying how the Soweto Uprising unfolded on 16 June 1976. (2 x 2) (4)
1.4 Compare Sources 1B and 1C. Explain in what ways the information in both sources support each other regarding the impact that the youth of Soweto had on the Soweto Uprising. (2 x 2) (4)
1.5 Use Source 1D.
1.5.1 Explain the messages that are conveyed by the photograph. (2 x 2) (4)
1.5.2 Comment on the effectiveness of the words 'UP IN ARMS 1976' that were used as a title for this photograph in the context of the Soweto Uprising. (2 x 2) (4)
1.6 Using the information in the relevant sources and your own knowledge, write a paragraph of about EIGHT lines (about 80 words) explaining how the students from Soweto challenged the apartheid regime in the 1970s. (8)
[50]
QUESTION 2: WAS THE TRUTH AND RECONCILIATION COMMISSION (TRC) SUCCESSFUL IN RECONCILING SOUTH AFRICA WITH ITS DIVIDED PAST?
Study Sources 2A, 2B, 2C and 2D and answer the questions that follow.
2.1 Refer to Source 2A.
2.1.1 Why, according to the source, was the TRC established? (1 x 1) (1)
2.1.2 Define the following terms in the context of the TRC:
2.1.3 Explain why you think the author of the source claimed that most cases were only scantily addressed. (2 x 2) (4)
2.1.4 Using the information in the source and your own knowledge, explain why the following applied for amnesty:
2.2 Read Source 2B.
2.2.1 Who, according to the source, did the National Party blame for the widespread human rights violations? (1 x 1) (1)
2.2.2 Why do you think the PAC's contribution at the TRC hearings was regarded as controversial? (2 x 2) (4)
2.2.3 How, according to the information in the source, did the IFP respond to the TRC hearings? (1 x 2) (2)
2.2.4 Comment on the usefulness of the information in this source to a historian researching how political parties responded to the TRC hearings. (2 x 2) (4)
2.3 Consult Source 2C.
2.3.1 Explain the messages portrayed in this cartoon. Use the visual clues in the source to support your answer. (2 x 2) (4)
2.3.2 Identify any FOUR 'dirty tricks' in the source that the National Party committed during the 1980s. (4 x 1) (4)
2.4 Compare Sources 2B and 2C. Comment on how the information in these sources differs regarding the role that the National Party played in committing political crimes against humanity. (2 x 2) (4)
2.5 Study Source 2D.
2.5.1 Identify the TWO human rights abuses in the source that the ANC was responsible for. (2 x 1) (2)
2.5.2 Comment on why both the ANC and the IFP decided to challenge the final draft of the TRC's report. (2 x 2) (4)
2.6 Using the information in the relevant sources and your own knowledge, write a paragraph of about EIGHT lines (about 80 words) explaining whether the TRC was successful in reconciling South Africa with its divided past. (8)
[50]
QUESTION 3: HOW DID THE IMPLEMENTATION OF STRUCTURAL ADJUSTMENT POLICIES (SAPs) AFFECT THE ECONOMIES OF DEVELOPING COUNTRIES?
Study Sources 3A, 3B, 3C and 3D and answer the questions that follow.
3.1 Refer to Source 3A.
3.1.1 Name any THREE of the most developed countries in the world according to the source. (3 x 1) (3)
3.1.2 What, according to the source, was the purpose of structural adjustment policies in the context of globalisation? (1 x 2) (2)
3.1.3 Why, according to the source, were African countries forced to implement IMF-inspired policies? (1 x 2) (2)
3.1.4 Explain why Arnold claimed that the conditions which the IMF imposed on developing countries were harsh. (2 x 2) (4)
3.2 Study Source 3B.
3.2.1 Why, according to Ismi, was the 1980s referred to as the 'lost decade'? (1 x 2) (2)
3.2.2 Using the information in the source and your own knowledge, explain how the repayment of debts to Western banks affected the economies of African countries. (2 x 2) (4)
3.2.3 What evidence in the source suggests that Africa's debt between 1980 and 1990 had increased? (1 x 2) (2)
3.2.4 Comment on whether you would consider the information in this source useful when researching the impact that structural adjustment policies had on African countries. (2 x 2) (4)
3.3 Consult Source 3C
3.3.1 Explain how the cartoonist portrays the International Monetary Fund's structural adjustment policies. Use the visual clues in the cartoon to support your answer. (2 x 2) (4)
3.3.2 Comment on the caption in the source, 'SPOT THE DIFFERENCE', in the context of the implementation of structural adjustment policies in developing countries. (2 x 2) (4)
3.4 Compare Sources 3B and 3C. Explain how the cartoonist's interpretation of events supports Ismi's views regarding the effects that structural adjustment policies had on developing countries. (2 x 2) (4)
3.5 Read Source 3D.
3.5.1 Explain to what extent structural adjustment policies were able to assist the economies of developing countries. (2 x 2) (4)
3.5.2 Name any THREE factors that have contributed to the reduction of domestic markets in developing countries. (3 x 1) (3)
3.6 Using the information in the relevant sources and your own knowledge, write a paragraph of about EIGHT lines (about 80 words) explaining how the implementation of structural adjustment policies affected developing countries. (8)
[50]
SECTION B: ESSAY QUESTIONS
Answer at least ONE question, but not more than TWO questions, in this section. Your essay should be about THREE pages long.
QUESTION 4: CIVIL RESISTANCE, 1970s TO 1980s: SOUTH AFRICA: THE CRISIS OF APARTHEID IN THE 1980s
The various internal resistance organisations in South Africa were successful in challenging PW Botha's apartheid regime in the 1980s.
Do you agree with this statement? Use relevant examples to support your line of argument.
[50]
QUESTION 5: THE COMING OF DEMOCRACY TO SOUTH AFRICA AND COMING TO TERMS WITH THE PAST
The violence that began in South Africa in the early 1990s was specifically aimed at derailing the process of negotiations among various political organisations.
Critically discuss this statement in the context of the process of negotiations that occurred in South Africa between 1990 and 1994.
[50]
QUESTION 6: THE END OF THE COLD WAR AND A NEW WORLD ORDER: THE EVENTS OF 1989
Explain to what extent the disintegration of the Soviet Union in 1989 contributed to the political changes that occurred in South Africa. Support your line of argument with relevant evidence.
[50]
TOTAL: 150
HISTORY
PAPER 1
GRADE 12
NSC PAST PAPERS AND MEMOS
FEBRUARY/MARCH 2017
INSTRUCTIONS AND INFORMATION
SECTION A: SOURCE-BASED QUESTIONS
Answer at least ONE question, but not more than TWO questions, in this section. Source material that is required to answer these questions may be found in the ADDENDUM.
QUESTION 1: HOW DID THE UNITED STATES OF AMERICA AND THE SOVIET UNION RESPOND TO THE ECONOMIC CRISIS IN EUROPE AFTER 1945?
Study Sources 1A, 1B, 1C and 1D and answer the questions that follow.
1.1 Refer to Source 1A.
1.1.1 Define the term containment in the context of the Cold War in Europe after 1945. (1 x 2) (2)
1.1.2 Why, according to the source, was the Marshall Plan introduced in Europe? Give TWO reasons. (2 x 1) (2)
1.1.3 How, according to the source, did Stalin respond to America's aid plan to Europe? (2 x 1) (2)
1.1.4 Explain how the Marshall Plan was implemented in Europe. (2 x 2) (4)
1.1.5 Why, according to the information in the source, was the COMECON formed? (1 x 2) (2)
1.2 Use Source 1B.
1.2.1 Quote TWO pieces of evidence from the source that suggest that Bellows believed that the Marshall Plan was a 'great and original initiative'. (2 x 1) (2)
1.2.2 Comment on why you think the United States of America did not want to fall within the Soviet Union's sphere of influence. (2 x 2) (4)
1.2.3 State TWO ways in which the counterpart fund was used to rebuild damaged infrastructure in Europe. (2 x 1) (2)
1.3 Study Source 1C.
1.3.1 How, according to Vyshinsky, did the United States of America violate the principles of the United Nations Charter? (1 x 2) (2)
1.3.2 Explain why Vyshinsky claimed that the Marshall Plan was used as an 'instrument of political pressure' on European countries. (2 x 2) (4)
1.3.3. Explain to what extent a historian researching the Marshall Plan would find the information in this source useful. (2 x 2) (4)
1.4 Compare Sources 1B and 1C. Explain how the information in these sources differs regarding the effect that the Marshall Plan had on relations between European countries and the USA. (2 x 2) (4)
1.5 Consult Source 1D.
1.5.1 Explain the messages portrayed in the cartoon. Use the visual clues in the source to support your answer. (2 x 2) (4)
1.5.2 Comment on the title of the cartoon, 'IT'S THE SAME THING WITHOUT MECHANICAL PROBLEMS', in the context of the 'Marshal Stalin Plan'. (2 x 2) (4)
1.6 Using the information in the relevant sources and your own knowledge, write a paragraph of about eight lines (about 80 words), explaining how the United States of America and the Soviet Union responded to the economic crisis in Europe after 1945. (8)
[50]
QUESTION 2: WHAT WERE THE CAUSES AND CONSEQUENCES OF CUBA'S INVOLVEMENT IN THE BATTLE OF CUITO CUANAVALE BETWEEN 1987 AND 1988?
Study Sources 2A, 2B, 2C and 2D and answer the questions that follow.
2.1 Refer to Source 2A.
2.1.1 What, according to the source, was the outcome of Operation Modular? (1 x 2) (2)
2.1.2 Select TWO pieces of evidence in the source which suggest that South Africa intended to continue fighting in Angola after the battle at the Lomba River. (2 x 1) (2)
2.1.3 Explain the significance of the statement, 'Pretoria (South African government) was now openly leading the war in Angola', in the context of the Battle of Cuito Cuanavale. (1 x 2) (2)
2.1.4 Using the information in the source and your own knowledge, comment on why Jose Eduardo Dos Santos requested military assistance from Fidel Castro. (2 x 2) (4)
2.2 Use Source 2B.
2.2.1 Why, according to the information in the source, was the Angolan army (FAPLA) 'close to being surrounded and annihilated (destroyed)' in 1987? Give TWO reasons. (2 x 1) (2)
2.2.2 List THREE ways in the source that show how the Cuban troops prevented the advance of the SADF into Cuito Cuanavale. (3 x 1) (3)
2.2.3 Why do you think Raúl Castro emphasised the role that President Fidel Castro played in the Battle of Cuito Cuanavale? (1 x 2) (2)
2.2.4 Explain what you think was implied by the phrase, 'Cuito (Cuanavale) held out'. (2 x 2) (4)
2.3 Study Sources 2A and 2B. Explain how the evidence in Source 2B supports the information in Source 2A regarding Cuba's involvement in the Battle of Cuito Cuanavale.
(2 x 2) (4)
2.4 Consult Source 2C.
2.4.1 Explain the messages that are conveyed by this photograph. Support your answer by using the visual clues in the source. (2 x 2) (4)
2.4.2 Comment on the significance of this memorial for the people of Angola in the context of the outcome of the Battle of Cuito Cuanavale. (2 x 2) (4)
2.5 Read Source 2D.
2.5.1 What do you understand by the term sovereignty in the context of African history? (1 x 2) (2)
2.5.2 List any THREE ways in which the Battle of Cuito Cuanavale assisted to free African countries from the 'scourge of apartheid'. (3 x 1) (3)
2.5.3 Comment on the usefulness of the information in this source to a historian researching the consequences of Cuba's involvement in the Battle of Cuito Cuanavale. (2 x 2) (4)
2.6 Using the information in the relevant sources and your own knowledge, write a paragraph of about EIGHT lines (about 80 words), explaining the causes and consequences of Cuba's involvement in the Battle of Cuito Cuanavale between 1987 and 1988. (8)
[50]
QUESTION 3: WHAT IMPACT DID THE CLOSURE OF HIGH SCHOOLS HAVE ON THE COMMUNITY OF LITTLE ROCK, ARKANSAS, IN 1958?
Study Sources 3A, 3B, 3C and 3D and answer the questions that follow.
3.1 Refer to Source 3A.
3.1.1 How, according to Governor Faubus, would the closure of high schools in Little Rock affect the following people:
3.1.2 Why, according to the source, did Governor Faubus decide to sign the bills of the Extraordinary Session of the General Assembly? (2 x 1) (2)
3.1.3 Explain the term integration in the context of the closure of schools in Little Rock. (1 x 2) (2)
3.1.4 Comment on what Governor Faubus implied when he said that school integration would lead to a 'catastrophe'. (2 x 2) (4)
3.1.5 Give TWO pieces of evidence in the source that suggest that the federal government had limited control over the state government. (2 x 1) (2)
3.1.6 Explain why a historian researching the reasons for the closure of all high schools in Little Rock, Arkansas, in 1958 would find the information in this source useful. (2 x 2) (4)
3.2 Use Source 3B.
3.2.1 According to the source, how many of the following learners were displaced as a result of Faubus' actions:
3.2.2 Comment on why you think the NAACP was against the opening of private schools for displaced black learners. (2 x 2) (4)
3.3 Consult Source 3C.
3.3.1 Explain the intention of this photograph in the context of the closure of schools by Governor Faubus. (2 x 2) (4)
3.3.2 Comment on whether the activity depicted in the photograph supported the claim that 1958 to 1959 was regarded as the Lost Year for learners in Little Rock. (2 x 2) (4)
3.4 Study Sources 3B and 3C. Explain how the evidence in Source 3C supports the information in Source 3B regarding Faubus' decision to close all high schools in Little Rock in 1958. (2 x 2) (4)
3.5 Read Source 3D.
3.5.1 Give TWO reasons in the source for the formation of the Women's Emergency Committee (WEC) in 1958. (2 x 1) (2)
3.5.2 Why, according to the information in the source, did the WEC, the group Stop This Outrageous Purge (STOP) and other community based organisations call for a special election? (1 x 2) (2)
3.5.3 Comment on what the author implied by the statement: '1959 brought to a close an important chapter in the history of public education in Little Rock.' (2 x 2) (4)
3.6 Using the information in the relevant sources and your own knowledge, write a paragraph of about EIGHT lines (about 80 words), explaining the impact that the closure of high schools had on the community of Little Rock, Arkansas, in 1958. (8)
[50]
SECTION B: ESSAY QUESTIONS
Answer at least ONE question, but not more than TWO questions, in this section. Your essay should be about THREE pages long.
QUESTION 4: EXTENSION OF THE COLD WAR: CASE STUDY – VIETNAM
The United States of America lost the war in Vietnam because of intense opposition to the war within the country, rather than because of military failure on the battlefields of Vietnam between 1963 and 1973.
Evaluate the accuracy of this statement. Use relevant historical evidence to support your line of argument.
[50]
QUESTION 5: INDEPENDENT AFRICA: COMPARATIVE CASE STUDY – THE CONGO AND TANZANIA
Mobuto Seso Seko (the Congo) and Julius Nyerere (Tanzania) both attempted to 'Africanise' their economies after attaining independence. However, these policies were a total failure in both countries.
Critically discuss this statement with reference to the aims, implementation and effects of Mobutu and Nyerere's economic policies in their respective countries from 1960.
[50]
QUESTION 6: CIVIL SOCIETY PROTESTS FROM THE 1950s TO THE 1970s: BLACK POWER MOVEMENT
Explain to what extent you agree that the ideas and actions of Malcolm X, Stokely Carmichael and the Black Panther Party gave African Americans a new sense of identity in the United States of America during the 1960s.
Use relevant evidence to support your line of argument.
[50]
TOTAL: 150
RELIGIOUS STUDIES
PAPER 2
GRADE 12
NSC PAST PAPERS AND MEMOS
FEBRUARY/MARCH 2017
NOTE: If a candidate has answered more than THREE questions, only the first three must be marked. The extra questions should be struck off, with EQ written across the answers.
QUESTION 1
1.1
1.2
1.3 EXAMPLE 1: TAOISM
EXAMPLE 2: CHRISTIANITY
[50]
QUESTION 2
2.1
2.1.1 EXAMPLE 1: ISLAM
Sunni Islam
Shi'a Islam
EXAMPLE 2: CHRISTIANITY
The Catholic Church
The Eastern Orthodox Church
Protestantism
2.1.2 EXAMPLE 1: ISLAM
Sunni Islam
Shi'a Islam
EXAMPLE 2: CHRISTIANITY
The Catholic Church
The Eastern Orthodox Church
Protestantism
2.2 NOTE: The role of humans as 'custodians' in Abrahamic faiths should be awarded a max of six marks for suitable examples .e.g.
They must care for the animals and plants.√√
They must care for the environment√√, etc
EXAMPLE 1: HINDUISM
EXAMPLE 2: BUDDHISM
[50]
QUESTION 3
3.1
3.1.1 Inspiration:
3.1.2 Oral tradition:
3.2 Similarities:
Differences:
3.3 Grammar and historical context:
Clearest meaning:
Plan, purpose and context:
Meaning of words:
Figurative meaning:
Other sacred texts:
[50]
QUESTION 4
4.1
4.2
4.3
[50]
QUESTION 5
5.1
5.2
5.3 EXAMPLE: ATHEISM
Agree:
Disagree:
(20)
[50]
TOTAL: 150
RELIGIOUS STUDIES
PAPER 1
GRADE 12
NSC PAST PAPERS AND MEMOS
FEBRUARY/MARCH 2017
SECTION A (COMPULSORY)
QUESTION 1
1.1
1.1.1 B (1)
1.1.2 B (1)
1.1.3 C (1)
1.1.4 D (1)
1.1.5 D (1)
1.1.6 A (1)
1.1.7 C (1)
1.1.8 D (1)
1.1.9 B (1)
1.1.10 C (1)
1.2
1.2.1 Iran (1)
1.2.2 Three baskets(of wisdom) (1)
1.2.3 Martin Luther (1)
1.2.4 Yin and Yang (1)
1.2.5 Halakhah (1)
1.3
1.3.1 Tanach – is a sacred book for Judaism. (2)
1.3.2 Abu Bakr – was the father in-law of Prophet Muhammad. He was the successor to Muhammad/the first caliph. (2)
1.3.3 Nirvana – a state of perfect happiness and peace in Buddhism. (2)
1.3.4 Sanskrit – an ancient language of the Far East. (2)
1.3.5 Jesus – the founder of Christianity. (2)
1.4
1.4.1 The most well-known Bodhisattva is Dalai Lama. (2)
1.4.2 The Shi'a holy shrine of Karbala is in Iraq. (2)
1.4.3 The longest epic in Hinduism is the Mahabharata. (2)
1.4.4 The tangible expression of the oral Torah is Talmud. (2)
1.4.5 The highest goal of Buddhist practice is Nirvana. (2)
1.5
1.5.1 E (1)
1.5.2 D (1)
1.5.3 F (1)
1.5.4 B (1)
1.5.5 A (1)
1.6
1.6.1
1.6.2
1.6.3
1.6.4
1.6.5
TOTAL SECTION A: 50
SECTION B
QUESTION 2
2.1
2.1.1
2.1.2
2.1.3
2.2
2.2.1
2.2.2
2.2.3
2.2.4
2.2.5
[50]
QUESTION 3
3.1
3.1.1 YES:
NO:
3.1.2
3.1.3 POSITIVE:
NEGATIVE:
3.2
3.2.1
3.2.2
3.2.3
3.2.4
[50]
QUESTION 4
4.1 YES:
NO:
4.2
4.2.1 Causes of the conflict
EXAMPLE 1: ISRAEL-PALESTINE CONFLICT
EXAMPLE 2: CONFLICT IN NORTHERN IRELAND
4.2.2 The extent to which religion is involved in the conflict
EXAMPLE 1: ISRAEL-PALESTINE CONFLICT
EXAMPLE 2: CONFLICT IN NORTHERN IRELAND
4.2.3 What religions can do to resolve the conflict
EXAMPLE 1: ISRAEL-PALESTINE CONFLICT
EXAMPLE 2: CONFLICT IN NORTHERN IRELAND
4.3 EXAMPLE 1:
EXAMPLE 2:
[50]
QUESTION 5
5.1
5.1.1
5.1.2
5.2
5.3
5.4
5.5
[50]
TOTAL SECTION B: 100
GRAND TOTAL: 150
RELIGIOUS STUDIES
PAPER 2
GRADE 12
NSC PAST PAPERS AND MEMOS
FEBRUARY/MARCH 2017
INSTRUCTIONS AND INFORMATION
QUESTION 1
Read the extracts below and answer the questions that follow.
All religions aim to balance the rights of the individual and the rights of the community. It is when this balance is upset that all types of social challenges arise. |
This need for balance is illustrated in the media article below.
Eastern Cape leaders want answers from Nelson Mandela's grandson, Inkosi Zwelivelile 'Mandla' Mandela, about why he reportedly converted to Islam when he married a Muslim woman. [Source: www.Timeslive.co.za/Local2016/02] |
1.1 Give reasons why Eastern Cape leaders are not happy about the marriage between Inkosi 'Mandla' Mandela and the Muslim woman. (10)
1.2 What do you think the Inkosi would say to justify his interreligious marriage? (20)
1.3 Choose any ONE religion and discuss its teachings about the rights of the individual and the rights of the community. (20)
[50]
QUESTION 2
Read the extract below and answer the questions that follow.
It is true that in most religions, different interpretations of beliefs exist. This leads to major differences that sometimes culminate in the formation of strands or branches and other divisions, for example different denominations in Christianity. [Adapted from Shuters Top Class Religion Studies Grade 12] |
2.1 Choose ONE religion and discuss the internal differences under the following headings:
2.1.1 Internal differences concerning beliefs (18)
2.1.2 Internal differences concerning governance (18)
2.2 With reference to the central teachings of any ONE religion, discuss the place and responsibility of humanity in the world. (14)
[50]
QUESTION 3
3.1 Discuss the importance of the following in the context of religion:
3.1.1 Inspiration (10)
3.1.2 Oral tradition (10)
3.2 Compare the role played by religious teachings in the Abrahamic religions with the role played by religious teachings in the Eastern religions. (14)
3.3 State FOUR hermeneutical principles and explain EACH of them. (16)
[50]
QUESTION 4
Study the extract below and answer the questions that follow.
Scientists refer to the attempt to understand the evolution of the universe as 'cosmology'. Currently the most popular scientific theory of the universe is the so-called Big Bang theory. [Adapted from Shuters Top Class Religion Studies Grade 12] |
4.1 Write SEVEN facts about the Big Bang theory. (14)
4.2 Explain why some religions have rejected Darwin's theory of evolution. (22)
4.3 Discuss the views of Buddhism on the theory of evolution. (14)
[50]
QUESTION 5
Read the extract below and answer the questions that follow.
When people become actively secular, they find that they need to put forward a theory of their own, sometimes to replace religion. [Adapted from Religion Studies Grade 12, Steyn] |
5.1 Explain the term secular humanism with reference to the statement above. (10)
5.2 Discuss the historical origin of Western secular humanism. (20)
5.3 Describe any ONE secular world view and state whether you agree or disagree with its teachings. Give reasons for your answer. (20)
[50]
TOTAL: 150
RELIGIOUS STUDIES
PAPER 1
GRADE 12
NSC PAST PAPERS AND MEMOS
FEBRUARY/MARCH 2017
INSTRUCTIONS AND INFORMATION
SECTION A (COMPULSORY)
QUESTION 1
1.1 Various options are provided as possible answers to the following questions. Write down the question number (1.1.1–1.1.10), choose the answer and make a cross (X) over the letter (A–D) of your choice in the ANSWER BOOK.
EXAMPLE:
1.1.11
1.1.1 To establish communication with ancestors, worshippers of the African Traditional Religion must engage in …
1.1.2 The Tao is …
1.1.3 The mystical dimension of Islam is often called …
1.1.4 The founder of Taoism was …
1.1.5 The collection of teachings of the Prophet Muhammad is called the …
1.1.6 A ritual based on Jesus' last meal is …
1.1.7 … is a world view based solely on human reasoning.
1.1.8 Zen Buddhism originated …
1.1.9 Catholics attend church services called the …
1.1.10 A teaching not common to Judaism:
1.2 Complete the following sentences by filling in the missing word(s). Write only the word(s) next to the question number (1.2.1–1.2.5) in the ANSWER BOOK.
1.2.1 The Bahá'i faith originated in the country presently called … (1)
1.2.2 In Buddhism Tripitaka means … (1)
1.2.3 The German priest whose teachings led to Protestantism was … (1)
1.2.4 The two opposing forces in Taoism are called … (1)
1.2.5 Jews observe Divine Law called the … (1)
1.3 Choose the word in each list below that does NOT match the rest. Write down the word and a reason next to the question number (1.3.1–1.3.5) in the ANSWER BOOK.
1.3.1 Ancestors; Clan; Ilimo; Tanach (2)
1.3.2 Bahá'u'lláh; Haifa; Kitáb-i-Aqdas; Abu Bakr (2)
1.3.3 Brahma; Vishnu; Nirvana; Shiva (2)
1.3.4 Theravada; Pali Canon; Sanskrit, Mahayana (2)
1.3.5 Matthew; Mark; Jesus; John (2)
1.4. Each of the statements below is FALSE. Change ONE term/concept in each statement to make it TRUE. Write down the TRUE statement next to the question number (1.4.1–1.4.5) in the ANSWER BOOK.
EXAMPLE: Apples and grapes are vegetables.
ANSWER: 1.4.6 Apples and grapes are fruit.
1.4.1 The most well-known Bodhisattva is Chuang-Tzu. (2)
1.4.2 The Shi'a holy shrine of Karbala is in Saudi Arabia. (2)
1.4.3 The longest epic in Hinduism is the Vedas. (2)
1.4.4 The tangible expression of the oral Torah is Nervim. (2)
1.4.5 The highest goal of Buddhist practice is Darma. (2)
1.5 Choose a description from COLUMN B that matches the term in COLUMN A. Write only the letter (A–G) next to the question number (1.5.1–1.5.5) in the ANSWER BOOK.
COLUMN A | COLUMN B |
1.5.1 Karma | A headquarters of the Bahá'i faith |
(5 x 1) (5)
1.6 In the context of religion, write TWO facts about EACH of the following terms:
1.6.1 Zen (2)
1.6.2 Dogma (2)
1.6.3 Bahá'u'lláh (2)
1.6.4 Anthropomorphism (2)
1.6.5 Reincarnation (2)
TOTAL SECTION A: 50
SECTION B
Answer any TWO questions in this section.
QUESTION 2
2.1 Read the extract below and answer the questions that follow.
According to the Bill of Rights in the South African Constitution 'everyone has the right to freedom of conscience, religion, thought, belief and opinion'. |
2.1.1 What role did religions play in the development of the Human Rights Charter? Give examples to illustrate the answer. (18)
2.1.2 Discuss the difference between respect and tolerance. (4)
2.1.3 How is religious tolerance different in Western and Eastern cultures? (8)
2.2 Explain the terms below in a religious context and give ONE example of each:
2.2.1 Similarity (4)
2.2.2 Identity (4)
2.2.3 Colonialism (4)
2.2.4 Unity (4)
2.2.5 Uniqueness (4)
[50]
QUESTION 3
3.1 Read the article below and answer the questions that follow.
MEDIA PORTRAYALS OF RELIGION IN SOUTH AFRICA South Africa is a culturally diverse country that is home to many different religions. These religions are not always equally represented in the media, where portrayals of religion are often negatively stereotyped and disempowering. These stereotypes exist for a variety of reasons, from political to financial. Religious stereotypes can be found throughout a wide variety of media, including television, movies and video games. [Adapted from http://mediasmarts.ca. Accessed on 16 June 2016.] |
3.1.1 Do you agree that 'religions are not always equally represented in the media' in South Africa? Give reasons and use suitable examples to illustrate your answer. (12)
3.1.2 Discuss possible factors that may cause the media to be biased against reporting religious issues. (8)
3.1.3 Discuss the positive and negative effects of the Internet on religion. (14)
3.2 Read the newspaper article below and answer the questions that follow.
DURBAN'S CALL TO DEVOTION On Monday night the Muslim call to prayer from the Juma Mosque was transmitted a mere 200 metres to the 112-year-old Emmanuel Cathedral in the Durban city centre. This occurrence opened a multifaith concert held to celebrate the official opening of the Denis Hurley Centre, on the day that would have marked the Catholic archbishop's 100th birthday. [Adapted from The Times, November 2015] |
3.2.1 Give TWO reasons why this particular cathedral was chosen for the event. (4)
3.2.2 What was this multifaith event called? (2)
3.2.3 What, do you think, were the goals of the function? (6)
3.2.4 Do you think the report is fair and unbiased? Give TWO reasons for your answer. (4)
QUESTION 4
Study the extract below and answer the questions that follow.
The three Abrahamic faiths lived side by side in Portugal-Spain during the 782 years of Muslim-Christian rivalry on its soil. This was despite Christians waging a military struggle to exert sole control. For generations Muslims continued to reside in areas the Christians retook … and Jews flourished on both sides of the divide. [Adapted from Top Class Religion Studies, Grade 12] |
4.1 Do you think the article above refers to a religious conflict? Give reasons to support your views. (12)
4.2 Identify ONE area of recent conflict, anywhere in the world, and discuss:
4.2.1 The causes of the conflict (10)
4.2.2 The extent to which religion is involved in the conflict (10)
4.2.3 What religions can do to resolve the conflict (8)
4.3 Discuss ONE religious leader who has worked to bring about interreligious harmony. (10)
[50]
QUESTION 5
5.1 Use a suitable example to explain EACH of the following terms in the context of religion:
5.1.1 Belief (6)
5.1.2 Ideology (6)
5.2 Discuss any FIVE unique features of Taoism. (10)
5.3 The World Conference of Religions for Peace is one organisation promoting interreligious dialogue globally. Discuss FIVE functions of this organisation in detail. (10)
5.4 What role did interreligious co-operation play in South Africa prior to the democratic election in 1994? (12)
5.5 Name THREE African organisations that develop cordial relationships between different religions. (6)
[50]
TOTAL SECTION B: 100
GRAND TOTAL: 150
PHYSICAL SCIENCES
SCHOOL BASED ASSESSMENT EXEMPLARS - CAPS
GRADE 12
LEARNER'S GUIDE
TABLE OF CONTENT | |||
CONTENT | PAGE | ||
1 | Introduction | 3 | |
2 | Objectives | 3 | |
3 | Assessment Tasks for Grade 12 Practical Work | 3 | |
4 | Exemplars of Practical Work as Formal Assessment Tasks | 4 | |
4.1 | Term 1: Preparation of esters and smell identification | 4 | |
4.2 | Term 2: Conservation of linear momentum | 9 | |
4.3 | Term 3: Electricity and magnetism | ||
Part 1: Determine the internal resistance of a battery. | 14 | ||
Part 2: Set up a series-parallel network with known resistor. | 16 |
1. INTRODUCTION
Assessment of a learner’s progress in Grade 12 Physical Sciences consists of two components:
2. OBJECTIVES
Physical Sciences investigate physical and chemical phenomena. This is done through scientific enquiry and the application of scientific models, theories and laws in order to explain and predict events in the physical environment.
Practical work in Physical Sciences must be integrated with the theory to strengthen the concepts being taught. These may take the form of simple practical demonstrations or even an experiment or practical investigation.
As from 2014 THREE prescribed experiments will be done per year as practical activities for formal assessment:
This learner guide will provide support to the learner and teacher in performing these practical activities.
3. ASSESSMENT TASKS FOR GRADE 12 PRACTICAL WORK
The table below lists the prescribed formal assessment activities for practical work and the weighting for the annual SBA.
TERM | PRESCRIBED PRACTICAL ACTIVITIES FOR FORMAL ASSESSMENT | WEIGHTING |
1 | EXPERIMENT (CHEMISTRY) | 15% of annual SBA |
2 | EXPERIMENT (CHEMISTRY) EXPERIMENT (PHYSICS) | 20% of annual SBA |
3 | EXPERIMENT (PHYSICS) | 15% of annual SBA |
4. EXEMPLARS OF PRACTICAL WORK AS FORMAL ASSESSMENT TASKS
TERM 1: PRACTICAL WORK
KNOWLEDGE AREA: MATTER AND MATERIALS
4.1 PREPARATION OF ESTERS AND SMELL IDENTIFICATION
Introduction
Esters have a very fruity smell. Naturally occurring esters are found in fruits. Esters can be synthesised by the reaction of a carboxylic acid and an alcohol. This reaction is known as esterification. This reaction can be catalysed by concentrated sulphuric acid.
Aim
Apparatus
Method
PREPARE A WATER BATH
Complete the tables below.
Choose ONE of the following to identify the ester formed by smell:
EXPERIMENT 1: ETHANOL + ETHANOIC ACID (16)
SMELL | |
WORD EQUATION | |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION |
EXPERIMENT 2: METHANOL + ETHANOIC ACID (16)
SMELL | |
WORD EQUATION | |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION |
EXPERIMENT 3: PROPANOL + ETHANOIC ACID (16)
SMELL | |
WORD EQUATION | |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION |
EXPERIMENT 4: METHANOL + SALICYLIC ACID (2)
SMELL |
DISCUSSION OF RESULTS
TOTAL: 60
TERM 2: PRACTICAL WORK
KNOWLEDGE AREA: MECHANICS
4.2 CONSERVATION OF LINEAR MOMENTUM
INTRODUCTION
Momentum is mass in motion. The amount of momentum of an object is determined by two variables, namely mass and velocity.
Linear momentum (momentum in a straight line) can be defined as the product of mass and velocity.
The verification of the conservation of momentum can be determined experimentally during an explosion and a collision.
AIM
To verify the conservation of linear momentum during an explosion.
APPARATUS
METHOD
RESULTS
Complete the following table.
Trolley system 1 | Trolley system 2 | Total momentum after explosion (‘unit’) | ||||
Mass (Trolley unit) | [Velocity v1] Distance ∆x1 (cm) | Momentum (‘unit’) | Mass (trolley unit) | [Velocity v2] Distance ∆x2 (cm) | Momentum (‘unit’) | |
(10)
INTERPRETATION AND DISCUSSION OF RESULTS
ALTERNATIVE METHOD – LINEAR AIR TRACK
METHOD
A collision instead of an explosion can be used to investigate the conservation of momentum.
The diagram below illustrates the collision of trolleys on an air track.
Trolley A with a mass of 2 kg and velocity of 1,5 m.s-1 to the right collides with a stationary trolley B with a mass of 1,5 kg.
After the collision trolley A moves at 0,75 m.s-1 to the left and trolley B moves at 3 m.s-1 to the right.
INTERPRETATION OF RESULTS
8.1 In the verification of the conservation of momentum, why is it better to make use an air track rather than a trolley system? (2)
8.2 Prove with a calculation that the momentum was conserved during this collision. (5)
TOTAL: 40
TERM 3: PRACTICAL WORK
KNOWLEDGE AREA: ELECTRICITY AND MAGNETISM
4.3 DETERMINE THE INTERNAL RESISTANCE AND THE EQUIVALENT RESISTANCE OF A SERIES PARALLEL NETWORK
INTRODUCTION
The term ‘lost volts’ refers to the difference between the emf and the terminal voltage. The voltage is not ‘lost’. It is the voltage across the internal resistance of the battery, but ‘lost’ for use in the external circuit.
The internal resistance of the battery can be treated just like another resistor in series in the circuit. The sum of the voltages across the external circuit plus the voltage across the internal resistance is equal to the emf:
ε = Vload + Vinternal resistance or ε = IRexternal + Ir
REARRANGE TO GET: V = -rI + ε
in the form y = mx + c where m = -r
PART 1
Determine the internal resistance of a battery.
AIM
To determine the internal resistance of a battery
APPARATUS
METHOD
Set up the apparatus as shown in the diagram below and determine the ammeter and voltmeter readings for FIVE different rheostat settings.
PRECAUTION: Do not keep the switch on too long. It will heat the battery and cause it to run down.
RESULTS
PART 2
Set up a series-parallel network with known resistors. Determine the equivalent resistance using an ammeter and a voltmeter and compare with the theoretical value.
AIM
To determine the equivalent resistance of a series-parallel network and compare it with the calculated theoretical value Apparatus
METHOD
Set up the circuit as shown in the diagram below.
Record the voltmeter and ammeter readings obtained.
INTERPRETATION AND DISCUSSION OF RESULTS
TOTAL: 50
PHYSICAL SCIENCES
SCHOOL BASED ASSESSMENT EXEMPLARS - CAPS
GRADE 12
TEACHER'S GUIDE
TABLE OF CONTENT | |||
CONTENT | PAGE | ||
1 | Introduction | 3 | |
2 | Objectives | 3 | |
3 | Assessment Tasks for Grade 12 Practical Work | 5 | |
4 | Quality Assurance Process | 5 | |
5 | Exemplars of Practical Work as Formal Assessment Tasks | 6 | |
5.1 | Term 1: Preparation of esters and smell identification | 6 | |
5.2 | Term 2: Conservation of linear momentum | 10 | |
5.3 | Term 3: Electricity and magnetism | ||
Part 1: Determine the internal resistance of a battery. | 15 | ||
Part 2: Set up a series-parallel network with known resistor. | 17 | ||
6 | Memorandum | 18 | |
6.1 | Esters and smell identification | 18 | |
6.2 | Conservation of linear momentum | 20 | |
6.3 | Electricity and magnesium | ||
Part 1: Internal resistance of a battery | 22 | ||
Part 2: Equivalent resistance of a series-parallel network | 24 |
1. Introduction
Assessment is a continuous planned process of identifying, gathering and interpreting information about the performance of learners, using various forms of assessment. It involves four steps: generating and collecting evidence of achievement; evaluating this evidence; recording the findings and using this information to understand and assist in the learner’s development to improve the process of learning and teaching. Assessment should be both informal (assessment for learning) and formal (assessment of learning). In both cases regular feedback should be provided to learners to enhance the learning experience.
School-based assessment (SBA) is a purposeful collection of learners’ work that tells the story of learner’s efforts, progress or achievement in given area(s). The quality of SBA tasks is integral to learners’ preparation for the final examinations. The SBA component is compulsory for all learners. Learners who cannot comply with the requirements specified according to the policy may not be eligible to enter for the subject in the final examination.
Educators are expected to ensure that assessment tasks are relevant and suitable for the learners. Teachers should adapt the tasks to suit the learners’ level of understanding. Tasks should be context bound. However, they should also take cognisance of the requirements as set out in the Curriculum and Assessment Policy Statement (CAPS)
The CAPS document contains tasks that meet the demands of the Grade 12 Physical Sciences curriculum. It is expected that these tasks will serve as a valuable resource to:
2. The aims and objectives of school-based assessment
The distinctive characteristics of SBA (and its strengths as one relatively small component of a coherent assessment system) have implications for its design and implementation, in particular the nature of the assessment tasks and the role of the teacher standardisation procedures. These implications are summarised as follows:
Teachers should ensure that learners understand the assessment criteria. Teachers should also have used these criteria for informal assessment and teaching purposes before they conduct any formal assessments so that they are familiar with the criteria and the assessment process.
Assessment Tasks as outlined by the NCS and CAPS (Physical Sciences)
The final Grade 12 mark is calculated from the National Senior Certificate (NSC) examination that learners will write (out of 300 marks) plus school-based assessment (out of 100 marks).
Physical Sciences investigate physical and chemical phenomena. This is done through scientific enquiry and the application of scientific models, theories and laws in order to explain and predict events in the physical environment.
Practical work in the Physical Sciences must be integrated with theory to strengthen the concepts being taught. These may take the form of simple practical demonstrations or even an experiment or practical investigation.
There are several practical activities outlined in Section 3 (Physical Sciences Content) of the CAPS document. Some of these practical activities will be done as part of formal assessment and others can be done as part of informal assessment. As from 2014 THREE prescribed experiments will be done per year as formal assessment tasks:
Thus THREE practical activities for formal assessment in Grade 12.
(Refer to 3 Assessment Tasks p. 16 as outlined by CAPS.)
3. ASSESSMENT TASKS FOR GRADE 12 PRACTICAL WORK
The table below lists the prescribed formal assessment activities for practical work and the weighting for the annual SBA.
TERM | PRESCRIBED PRACTICAL ACTIVITIES FOR FORMAL ASSESSMENT | WEIGHTING |
1 | EXPERIMENT (CHEMISTRY) | 15% of annual SBA |
2 | EXPERIMENT (CHEMISTRY) EXPERIMENT (PHYSICS) | 20% of annual SBA |
3 | EXPERIMENT (PHYSICS) | 15% of annual SBA |
NOTE: REFER TO THE PROGRAMME OF ASSESSMENT FOR GRADE 12 IN THE CAPS DOCUMENT [Page 148]
4. QUALITY ASSURANCE PROCESS
A team of experts comprising teachers and subject advisors from the provinces was appointed by DBE to develop and compile assessment tasks. This panel of experts spent a period of four days at the DBE developing tasks based on guidelines and policies. Moderation and quality assurance of the tasks were undertaken by national and provincial examiners and moderators. The assessment tasks were further refined by the national internal moderators to ensure that they are in line with the CAPS document.
The purpose of this document is to provide both educators and learners with a set of standardised school-based assessment (SBA) tasks. It contains useful information and guidelines in the form of exemplars.
5. EXEMPLARS OF PRACTICAL WORK AS FORMAL ASSESSMENT TASKS
TERM 1: PRACTICAL WORK
KNOWLEDGE AREA: MATTER AND MATERIALS
5.1 PREPARATION OF ESTERS AND SMELL IDENTIFICATION
Introduction
Esters have a very fruity smell. Naturally occurring esters are found in fruits. Esters can be synthesised by the reaction of a carboxylic acid and an alcohol. This reaction is known as esterification. This reaction can be catalysed by concentrated sulphuric acid.
Aim
Apparatus
Method
PREPARE A WATER BATH
Complete the tables below.
Choose ONE of the following to identify the ester formed by smell:
EXPERIMENT 1: ETHANOL + ETHANOIC ACID (16)
SMELL | |
WORD EQUATION | |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION |
EXPERIMENT 2: METHANOL + ETHANOIC ACID (16)
SMELL | |
WORD EQUATION | |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION |
EXPERIMENT 3: PROPANOL + ETHANOIC ACID (16)
SMELL | |
WORD EQUATION | |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION |
EXPERIMENT 4: METHANOL + SALICYLIC ACID (2)
SMELL |
DISCUSSION OF RESULTS
TOTAL: 60
TERM 2: PRACTICAL WORK
KNOWLEDGE AREA: MECHANICS
4.2 CONSERVATION OF LINEAR MOMENTUM
INTRODUCTION
Momentum is mass in motion. The amount of momentum of an object is determined by two variables, namely mass and velocity.
Linear momentum (momentum in a straight line) can be defined as the product of mass and velocity.
The verification of the conservation of momentum can be determined experimentally during an explosion and a collision.
AIM
To verify the conservation of linear momentum during an explosion.
APPARATUS
METHOD
RESULTS
Complete the following table.
Trolley system 1 | Trolley system 2 | Total momentum after explosion (‘unit’) | ||||
Mass (Trolley unit) | [Velocity v1] Distance ∆x1 (cm) | Momentum (‘unit’) | Mass (trolley unit) | [Velocity v2] Distance ∆x2 (cm) | Momentum (‘unit’) | |
(10)
INTERPRETATION AND DISCUSSION OF RESULTS
ALTERNATIVE METHOD – LINEAR AIR TRACK
METHOD
A collision instead of an explosion can be used to investigate the conservation of momentum.
The diagram below illustrates the collision of trolleys on an air track.
Trolley A with a mass of 2 kg and velocity of 1,5 m.s-1 to the right collides with a stationary trolley B with a mass of 1,5 kg.
After the collision trolley A moves at 0,75 m.s-1 to the left and trolley B moves at 3 m.s-1 to the right.
INTERPRETATION OF RESULTS
8.1 In the verification of the conservation of momentum, why is it better to make use an air track rather than a trolley system? (2)
8.2 Prove with a calculation that the momentum was conserved during this collision. (5)
TOTAL: 40
TERM 3: PRACTICAL WORK
KNOWLEDGE AREA: ELECTRICITY AND MAGNETISM
4.3 DETERMINE THE INTERNAL RESISTANCE AND THE EQUIVALENT RESISTANCE OF A SERIES PARALLEL NETWORK
INTRODUCTION
The term ‘lost volts’ refers to the difference between the emf and the terminal voltage. The voltage is not ‘lost’. It is the voltage across the internal resistance of the battery, but ‘lost’ for use in the external circuit.
The internal resistance of the battery can be treated just like another resistor in series in the circuit. The sum of the voltages across the external circuit plus the voltage across the internal resistance is equal to the emf:
ε = Vload + Vinternal resistance or ε = IRexternal + Ir
REARRANGE TO GET: V = -rI + ε
in the form y = mx + c where m = -r
PART 1
Determine the internal resistance of a battery.
AIM
To determine the internal resistance of a battery
APPARATUS
METHOD
Set up the apparatus as shown in the diagram below and determine the ammeter and voltmeter readings for FIVE different rheostat settings.
PRECAUTION: Do not keep the switch on too long. It will heat the battery and cause it to run down.
RESULTS
PART 2
Set up a series-parallel network with known resistors. Determine the equivalent resistance using an ammeter and a voltmeter and compare with the theoretical value.
AIM
To determine the equivalent resistance of a series-parallel network and compare it with the calculated theoretical value Apparatus
METHOD
Set up the circuit as shown in the diagram below.
Record the voltmeter and ammeter readings obtained.
INTERPRETATION AND DISCUSSION OF RESULTS
TOTAL: 50
6.1 PREPARATION OF ESTERS AND SMELL IDENTIFICATION
Results AND INTERPRETATION of results
EXPERIMENT 1: ETHANOL + ETHANOIC ACID (16)
SMELL | nail polish or (pear)✔✔ |
WORD EQUATION | ethanol✔+ ethanoic acid✔? ethyl ethanoate✔+ water✔ |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION | C2H5OH+ CH3COOH ? CH3COOC2H5 + H2O ✔ reactants |
EXPERIMENT 2: METHANOL + ETHANOIC ACID (16)
SMELL | paint✔✔ |
WORD EQUATION | methanol ✔+ ethanoic acid✔ ? methyl ethanoate✔ + water✔ |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION | CH3OH + CH3COOH ? CH3COOCH3 + H2O ✔ reactants |
EXPERIMENT 3: PROPANOL + ETHANOIC ACID (16)
SMELL | pear✔✔ |
WORD EQUATION | propanol✔ + ethanoic acid✔ ? propyl ethanoate✔ + water✔ |
STRUCTURAL FORMULA | |
BALANCED CHEMICAL EQUATION | C3H7OH + CH3COOH ? CH3COOC3H7 + H2O ✔ reactants |
EXPERIMENT 4: METHANOL + SALICYLIC ACID (2)
SMELL | wintergreen✔✔ |
DISCUSSION OF RESULTS
TOTAL: 60
6.2 CONSERVATION OF LINEAR MOMENTUM
RESULTS (10)
Trolley system 1 | Trolley system 2 | Total momentum after explosion (‘units’) | ||||
Mass (trolley units) | [Velocity v1] Distance (cm) | Momentum (‘units’) | Mass (trolley units) | [Velocity v2] Distance
| Momentum (‘units’) | |
1 | 125 | 125 | 2 | 62 | - 124 | +1 |
1 | 123 | 123 | 2 | 61 | - 121 | +1 |
2 | 61 | 122 | 2 | 61 | - 122 | 0 |
✔ | ✔ | ✔✔ | ✔ | ✔ | ✔✔ | ✔✔ |
INTERPRETATION AND DISCUSSION OF RESULTS
ALTERNATIVE METHOD - AIR TRACK
1.1 The air track has less friction ✔✔ (2)
1.2 ∑pinitial = mAvAi + mBvBi✔
= (2)(1,5) + 0✔
= 3 kg.m.s-1
∑pfinal = mAvAf + mBvBf
= (2)(-0,75) + (1,5)(3) ✔
= 3 kg.m.s-1✔
∴Momentum before the collision is equal to the momentum after the collision. ✔ (5)
TOTAL: 40
6.3 ELECTRICITY AND MAGNETISM
PART 1: DETERMINE THE INTERNAL RESISTANCE OF A BATTERY.
RESULTS
1. Table for results obtained during experiment
TERMINAL POTENTIAL DIFFERENCE (VOLTS) | ELECTRIC CURRENT (AMPERES) | |
1 | ||
2 | ||
3 | ||
4 | ||
5 |
Part 2: DETERMINE THE EQUIVALENT RESISTANCE OF A SERIES-PARALLEL NETWORK
INTERPRETATION AND DISCUSSION OF RESULTS
TOTAL: 50
ACCOUNTING
SCHOOL BASED ASSESSMENT EXEMPLARS - CAPS
GRADE 12
LEARNER'S GUIDE
TABLE OF CONTENTS | |||
CONTENTS | PAGE | ||
Introduction | 1 | ||
Task A: First Term Report: Companies | This task is suitable for Grade 12 learners from 2014 (CAPS). | ||
Question paper | 2 | ||
Answer book | 5 | ||
Task B: First Term Test: Financial statements of a company | This task includes shares of no par value and repurchase of shares. This task is suitable for Grade 12 learners from 2014 (CAPS). | ||
Question paper | 10 | ||
Answer book | 14 | ||
Task C: Second Term" Project | Published financial statements of Famous Brands Ltd | ||
Combined question paper and answer book | 18 | ||
Source material | 25 | ||
Task D : Third Term Case Study: Cash budget and debtors | This task is suitable for Grade 12 learners from 2014 (CAPS). | ||
Question paper | 32 | ||
Answer book | 36 |
INTRODUCTION: NOTE TO ALL GRADE 12 ACCOUNTING LEARNERS
You are provided with a book containing four assessment tasks. These are intended to assist you in your Grade 12 studies of Accounting and in preparing you for the National Senior Certificate (NSC) examinations in Accounting.
The tasks reflect:
You should be aware that the final Grade 12 mark is calculated from the year-end NSC examination that you will write (out of 300 marks) plus school-based assessment (out of 100 marks). The curriculum stipulates the following SEVEN formal tasks that comprise school-based assessment in Accounting:
SCHOOL-BASED ASSESSMENT TASKS: NCS AND CAPS
Term | Details | Marks | Converted to: |
1st term | Report | 50 marks | 10 marks |
Test | 100 marks | 20 marks | |
2nd term | Project | 50 marks | 20 marks |
Mid-year examination | 300 marks | 20 marks | |
3rd term | Case study | 50 marks | 10 marks |
Trial examination | 300 marks | 20 marks | |
100 marks |
The tasks provided in this BOOK are examples of:
Your teacher will provide you with a 1st term test, 2nd term examination and 3rd term trial examination, as well as other formative class tasks to assist you in your development of Accounting subject knowledge. You are also advised to use past NSC examination papers to obtain valuable practice in all topics relevant to your curriculum, but please refer to your teacher for changes that need to be made to the past papers (with regard to shares of companies) if you are writing the NSC papers in 2014 or later.
QP Task A
NOTE TO TEACHERS: This task is relevant to Grade 12 learners from 2014 (i.e. relevant to CAPS). This task comprises two parts. You may adapt the material to take the needs of your class group into account. For example, you may require them to do Part A on their own and Part B in class. Or you may require the class to do only Part B as a formal report and undertake Part A as an extension task in class on a weekly basis. If you choose to adapt the material in any way, you should ensure that the task comprises 50 marks as per CAPS.
ACCOUNTING GRADE 12: TASK A FIRST TERM ASSESSMENT TASK REPORT ON COMPANIES QUESTION PAPER 50 marks |
THIS TASK CONSISTS OF TWO PARTS:
PART A Report on a public company listed on the JSE. (26)
PART B Internal auditor’s report on procedures and internal controls in a public company (24)
50
PART A Report on a public company listed on the JSE [26 marks]
For this task you will need to use the page in the Business Report in a morning newspaper which lists the public companies that are traded on the Johannesburg Securities Exchange (JSE). You will need access to this re source on a weekly basis for a period of 5 weeks.
A rich aunt has earmarked R200 000 of her funds for investment purposes. She wants to buy shares of a public company listed on the JSE. She requires your advice. Choose a company that is well-known to you from the share page to complete the following report.
NOTE TO TEACHER: Each learner must choose a different company.
REQUIRED
Prepare a one-page report on the company you have chosen.
PREPARATION AND RESEARCH FOR YOUR REPORT
THE REPORT MUST INCLUDE THE FOLLOWING:
PART B Internal auditor’s report on a public company [24 marks]
You have been appointed as the internal auditor of Exotic Clothing Ltd, a new public company which is about to be established. All stock will be bought on credit. They will sell for cash and they will allow customers to buy on credit. It is expected that there will be approximately 1 000 shareholders. The CEO has asked you to prepare a report on certain procedures that should be put in place in the company.
The company currently has four employees in the Accounting department. The CEO is thinking of appointing Tom to manage fixed assets, Maisy to control trading stock, Bheki to control debtors (accounts receivable) and Shamila to control cash resources.
Your report should include:
TOTAL : 50 marks
ACCOUNTING GRADE 12: TASK A FIRST TERM ASSESSMENT TASK: REPORT ON COMPANIES ANSWER BOOK |
THIS TASK CONSISTS OF TWO PARTS:
PART A Report on a public company listed on the JSE.
PART B Internal auditor’s report on procedures and internal controls in a public company.
Name of learner | |
School | |
Class |
MAXIMUM | MARKS ACHIEVED | |
Part A | 26 | |
Part B | 24 | |
TOTAL | 50 |
PART A: REPORT ON INVESTMENT PORTFOLIO OF ________________ (name of aunt)
1.
Name of company: | |
Category on the share page | |
Starting date of the investment in shares | |
Share price on this date | |
Number of shares purchased (in lots of 100) | |
Total value of shares purchased | |
Cash on hand | |
Total value of investment portfolio | R200 000 |
4 |
2.
Share | Number of | Total value of shares | Cash on hand | Total value of investment | |
Week 1 | |||||
Week 2 | |||||
Week 3 | |||||
Week 4 | |||||
Week 5 |
5 |
3.
Graph of share price each week:
|
4 |
4.
Graph of value of investment portfolio each week:
|
4 |
5.
Further information on the company:
|
5 |
6.
Recommendation on further investment in this company, with reasons:
|
4 |
26 |
PART B
Internal auditor’s report on procedures to be implemented for Exotic Clothing Ltd
1.
Procedures to establish the company:
|
4 |
2.
Records that should be kept on each shareholder, together with reasons:
|
4 |
3.
Internal control procedures for fixed assets:
|
4 |
4.
Internal control procedures for trading stock:
|
4 |
5.
Internal control procedures for accounts receivable (debtors):
|
4 |
6.
Internal control procedures for cash collected: :
|
4 |
24 |
Signed: _____________________ (Internal Auditor) Date: ______________
IMPORTANT NOTE TO TEACHERS: The test includes entries relating to the new CAPS curriculum to be implemented in 2014, with regard to shares of no par value and the repurchase of shares. The test was adapted from a previous Grade 12 paper (QUESTION 4 of the 2009 NSC backup paper).
ACCOUNTING GRADE 12: TASK B FIRST TERM TEST QUESTION PAPER |
QP Task B
FINANCIAL STATEMENTS OF A COMPANY (100 marks; 60 minutes)
You are provided with figures from the Pre-Adjustment Trial Balance of Simphiwe Limited. They buy and sell uniforms and also repair uniforms for their customers, for which they charge a fee. These fees are credited to the Fee Income Account in the General Ledger.
By the end of the previous financial year, 30 September 2011, the company had issued 400 000 ordinary shares. These shares were all issued at different times and at different issue prices. Many of the existing shareholders had also bought shares on the JSE at prices negotiated with the sellers of those shares. The company also issued 100 000 new shares on 1 March 2013.
REQUIRED
3.1 Ordinary share capital (13)
3.2 Retained income (15)
INFORMATION
SIMPHIWE LTD
PRE-ADJUSTMENT TRIAL BALANCE ON 30 SEPTEMBER 2012
DEBIT | CREDIT | |
Balance Sheet Accounts Section | R | R |
Ordinary share capital (500 000 shares) | 4 410 000 | |
Retained income (1 October 2011) | 812 650 | |
Loan from Stay Bank | 270 000 | |
Land and buildings at cost | 4 884 000 | |
Vehicles at cost | 660 000 | |
Equipment at cost | 570 000 | |
Accumulated depreciation on vehicles (1 Oct 2011) | 123 000 | |
Accumulated depreciation on equipment (1 Oct 2011) | 111 000 | |
Debtors’ control | 109 800 | |
Creditors’ control | 53 880 | |
Trading stock | 1 398 600 | |
Bank | 940 500 | |
Petty cash | 6 600 | |
SARS – Income tax | 390 500 | |
Provision for bad debts | 4 320 |
Nominal Accounts Section | R | R |
Sales | 8 160 000 | |
Cost of sales | 3 930 000 | |
Debtors’ allowances | 18 600 | |
Salaries and wages | 486 000 | |
Discount allowed | 2 710 | |
Fee income | 314 250 | |
Rent income | 168 000 | |
Insurance | 33 000 | |
Sundry expenses | 117 750 | |
Directors’ fees | 870 000 | |
Audit fees | 161 100 | |
Consumable stores | 75 600 | |
Interest income | 7 500 | |
Dividends on ordinary shares (interim) | 264 000 |
ADJUSTMENTS AND ADDITIONAL INFORMATION
SIMPHIWE LTD CREDIT NOTE 4533 Credit: Supaclean Ltd | |||
Unit price | Total | ||
48 | Uniforms returned | R600 | R28 800 |
Reduction on fee charged for repair of uniforms | R2 250 | ||
R31 050 |
Balance at beginning of financial year | R450 000 |
Repayments during the year | R234 000 |
Interest capitalised | R ? |
Balance at end of financial year | R270 000 |
FIXED ASSETS REGISTER | Page 12 | ||
Item: VYE Computer | Ledger Account: Equipment | ||
Data Purchased: 1 April 2006 | Cost Price: R66 000 | ||
Depreciation Policy: 10% p.a. on cost price | |||
Date | Depreciation Calculations | Current Depreciation | Accumulated Depreciation |
30 Sep 2009 | R66 000 × 10% × 6/12 | R3 300 | R3 300 |
30 Sep 2010 | R66 000 × 10% × 12/12 | R6 600 | R9 900 |
30 Sep 2011 | R66 000 × 10% × 12/12 | R6 600 | R16 500 |
30 June 2012 | ? | R? | R? |
Total: 100 marks
ACCOUNTING GRADE 12: TASK B FIRST TERM TEST ANSWER BOOK |
Name of learner | |
School | |
Class |
MAXIMUM | MARKS ACHIEVED | |
Part 1 | 8 | |
Part 2 | 64 | |
Part 3.1 | 13 | |
Part 3.2 | 15 | |
TOTAL | 100 |
Answer Book Task B
1.
Calculate the profit or loss on the disposal of the computer. WORKINS:
ANSWER: |
8 |
2. SIMPHIWE LTD
INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2012
Other operating income | |
Operating expenses | |
Profit before interest expense | |
Profit before tax | |
64 |
3. NOTES TO THE FINANCIAL STATEMENTS
3.1
ORDINARY SHARE CAPITAL | |
Authorised: | |
Issued: | |
13 |
3.2
RETAINED INCOME | |
Balance at beginning of year | |
Add: | |
Less: | |
Less: | |
Balance at the end of the year |
15 |
100 |
NOTE TO TEACHERS: This task is relevant to Grade 12 learners from 2014 (i.e. relevant to CAPS). You may adapt the material to cater for more than 50 marks, but you should ensure that the final mark is converted to 50 marks as per CAPS. Teachers may allow learners to refer to textbooks in completing this task.
ALSO REFER TO THE SOURCE MATERIAL FOR THIS TASK
(PAGES 25-31)
ACCOUNTING GRADE 12: TASK C PUBLISHED FINANCIAL STATEMENTS OF A COMPANY QUESTION PAPER AND ANSWER BOOK 50 marks; 90 minutes |
Name of learner | |
School | |
Class |
MARKS ACHIEVED |
50 |
FAMOUS BRANDS LIMITED
REQUIRED
Study the information provided. Answer the questions which follow. As this task is intended as a project, you may use your textbook as a resource.
You are also provided with the following financial indicators for the 2011 financial year:
Current ratio = 1,4 : 1 Acid-test ratio = 1,1 : 1 Dividend pay-out rate = 64%
Debt-equity ratio = 0,2 : 1 Net asset value per share = R7,44 % return on shareholders’ equity = 33,9%
EPS = 242 cents DPS = 155 cents
1. General information
1.1 Refer to page 1 of the source material for the icons of the well-known brands that comprise Famous Brands Ltd. Name FOUR of these brands and describe the product or service in which each brand specialises.
|
2 |
1.2
Give the names of the persons who fill the following positions: Chairman of the Board of Directors, Chief Executive Officer, Group Financial Director and Company Secretary. Briefly explain the work done by each of them.
|
3 |
1.3
Who are the independent auditors of Famous Brands Limited, and how much were they paid for their services? Their report is not provided in this summary, but there is a reference to it in Note 3. Briefly explain what this audit report would contain.
|
3 |
1.4
How many directors does the company have, how many of them are executive directors and how many of them are non-executive directors? Briefly explain the difference in the roles of these two types of director.
|
3 |
2.
Why did the directors decide to show the graphs of the Earnings per Share and Total Revenue at the top of the page? Briefly explain what these graphs reflect about the company for the past five years.
|
2 |
3.
Refer to the commentary by the directors, particularly the Overview and the Financial results. What did the directors say about the changing habits of their customers, and how did the directors respond to these changes?
Briefly explain the major challenges that the company has faced in the current financial year.
The Operational Review states that the company was involved in three main areas: Franchising, Manufacturing and Logistics. Explain what is meant by each of these activities, with specific reference to the work that the company does.
The company does not operate only in South Africa. Provide evidence from the information to prove this point.
|
6 |
4.
Identify the following figures from the financial statements. Also state where you found each figure, i.e. in the Income Statement (IS), Balance Sheet (BS) or Cash Flow State ment (CFS).
|
4 |
5.
Refer to Page 1 of the source material for the highlighted indicators. Provide workings for the following calculations: % increase in revenue
% increase in operating profit
% increase in headline earnings per share (use basic HEPS)
% increase in dividends per share
|
4 |
6.
Calculate the following financial indicators for 2012. Refer to the end of the Income Statement for the number of shares.
|
4 |
7.
Comment on the liquidity position of the company. Quote TWO financial indicators to support your opinion.
|
3 |
8.
Comment on whether the company tends to retain or distribute its profits. Provide evi dence to support your opinion. Briefly explain how this could affect the share price on the JSE.
|
3 |
9.
Comment on the gearing of the company. Should the company repay loans or take out more loans? Provide evidence to support your opinion.
|
3 |
10.
In February 2012 the share price of the company on the JSE was R53,00. The price in creased to R79,00 in February 2013. Comment on whether or not you feel the company’s shares are fairly valued. Provide evidence to support your opinion.
|
3 |
11.
Should the shareholders be satisfied with the percentage return, earnings and dividends for the 2012 financial year? Explain. Provide evidence to support your opinion.
|
4 |
12.
What do the directors say about the prospects for the future? Would this influence you in buying shares in Famous Brands Limited?
|
3 |
TOTAL: 50 marks
SOURCE MATERIAL FOR TASK C SECOND TERM PROJECT Refer to the attached extract from the published annual report of 6 pages to follow (p 26–31) |
NOTE TO TEACHERS: This task is relevant to Grade 12 from 2014 (i.e. relevant to CAPS). Teachers may choose to increase the marks on specific items and mark the case study out of 75 or 100 marks, as long as the final weighting is as per CAPS.
ACCOUNTING GRADE 12: TASK D THIRD TERM ASSESSMENT TASK CASE STUDY: CASH BUDGET AND DEBTORS QUESTION PAPER 50 marks; 60 minutes |
Preamble |
REQUIRED
INFORMATION ON NEXT TWO PAGES …
INFORMATION
1.
Cash Budget for two months ending 31 January 2013 (actual figures in shaded columns):
December 2012 January 2013
Receipts | December 2012 | January 2013 | ||
BUDGET | ACTUAL | BUDGET | ACTUAL | |
Cash sales | 480 000 | 452 000 | 330 000 | 208 000 |
Receipts from debtors | ? | 189 980 | ? | 222 685 |
Commission income | 24 000 | ? | 20 400 | 12 000 |
Loan from Minty Bank | 0 | 0 | 0 | 120 000 |
Rent income | ? | ? | 15 950 | 31 900 |
Capital from M Mtini | 0 | 250 000 | 0 | 0 |
Total Receipts | 778 798 | 926 480 | ? | 594 585 |
Payments | ||||
Cash purchases | 222 500 | 245 750 | 155 000 | 110 380 |
Payments to creditors | 181 800 | 162 000 | ? | 184 000 |
Telephone | 2 800 | 4 500 | 2 800 | 4 200 |
Repayment on existing vehicle | 9 000 | 9 000 | 9 000 | 9 000 |
Vehicle expenses | 8 000 | 6 400 | 8 000 | 37 500 |
Salaries and wages | 68 000 | 82 800 | 72 080 | 72 080 |
Advertising | 5 000 | 5 000 | 5 000 | 5 000 |
Sundry operating expenses | 23 380 | 19 400 | 17 300 | 17 320 |
Insurance | 22 000 | 16 000 | 22 000 | 16 000 |
Drawings by Bennie Bekker | 25 000 | 25 000 | 25 000 | 35 000 |
Interest on overdraft | 4 020 | ? | ? | 0 |
Interest on loan | 500 | 500 | 500 | 0 |
Repayment of loans | 0 | ? | 0 | 4 000 |
Total payments | 572 000 | 620 370 | 516 930 | 494 480 |
Cash surplus/shortfall | 206 498 | 306 110 | ? | 100 105 |
Bank(Opening balance) | (325 400) | (325 400) | A | C |
Bank (Closing balance) | ? | (19 290) | B | D |
2. Purchases and sales of trading stock
Stock is replaced on a monthly basis.
50% of stock is usually purchased on credit.
Creditors are paid in the month after the purchases, to take advantage of a 10% discount. Goods are sold at a constant mark-up of 80% on cost.
The budget is worked out on the following total sales figures:
October 2012 | November 2012 | December 2012 | January 2013 |
R603 00 | R727 200 | R801 000 | R558 000 |
Credit sales constitute 40% of the total sales.
3. Expected collections from debtors:
Debtors are told that they are expected to pay in the current month or in the month following the sales transaction month. However, the budget is compiled as follows:
10% is collected in the transaction month. A discount of 5% is allowed for any payment received in the transaction month.
50% is collected in the month after the transaction month.
35% is collected in the second month after the month of sale.
4. Debtors Age Analysis on 31 December 2012
DEBTORS | CREDIT LIMIT | SEPTEMBER | OCTOBER | NOVEMBER | DECEMBER | TOTAL |
M Minaj | 45 000 | 49 100 | 49 100 | |||
U Usher | 85 000 | 7 800 | 40 680 | 48 480 | ||
B Beiber | 30 000 | 24 000 | 24 000 | |||
B Britney | 100 000 | 49 125 | 45 240 | 9 050 | 25 865 | 129 280 |
J Jemson | 12 000 | 6 500 | 6 500 | |||
W West | 50 000 | 22 000 | 22 000 | |||
D Drake | 120 000 | 29 800 | 39 000 | 24 000 | 26 680 | 119 480 |
H Hannah | 25 000 | 31 100 | 9 300 | 40 400 | ||
W Wayne | 45 000 | 4 350 | 23 270 | 8 740 | 36 360 | |
Other debtors | ? | ? | ? | ? | ? | |
R156 725 | R234 250 | R172 500 | R201 300 | R764 775 | ||
90 days | 60 days | 30 days | Current | |||
Percentage | % | % | % | % | 100% |
5. Actual figures from financial statements for year ended 31 December 2012:
For the year | ||
Total sales | R4 600 000 | |
Cash sales | R2 200 000 | |
Credit sales | R2 400 000 | |
1 January 2012 | 31 December 2012 | |
Trade debtors | R295 225 | R764 775 |
TOTAL: 50
ACCOUNTING GRADE 12: TASK D THIRD TERM ASSESSMENT TASK CASE STUDY: CASH BUDGET AND DEBTORS ANSWER BOOK |
Name of learner | |
School | |
Class |
MARKS ACHIEVED |
50 |
1.
What would you say to Bennie about the mistakes that he says his wife made in compiling the budget with regard to the depreciation and the contribution of a new delivery vehicle?
|
2 |
2.Debtors’ Collection Schedule for December 2012 and January 2013
MONTH | CREDIT SALES | DECEMBER 2012 | JANUARY 2013 |
October | |||
November | |||
December | |||
January | |||
Cash from debtors |
4 |
3.
Calculate % increase in budgeted salaries and wages in January 2013.
Calculate % decrease in amount budgeted for commission income in January 2013.
|
4 |
4.
Calculate total finance charges incurred in the purchase of the vehicle.
|
2 |
5.
Effect on the budget:
TWO points that Mtini would mention to Bekker:
|
4 |
6.
Calculation of rent income for December 2012:
Suitable explanation:
|
3 |
7.
Calculate the budgeted payments to creditors in January 2013.
Mtini feels that the business need not buy any goods for cash, and that all goods should be bought on credit. In your opinion, will this improve the business Cash Budget? Explain.
|
4 |
8.
Explain the difference between interest capitalised and interest not capitalised.
Calculate the amount of the loan repaid on 31 December 2012.
|
3 |
9.
Use the Cash Budget to identify the missing figures, totals and balances designated A–D. You are NOT required to identify other missing figures.
|
4 |
10.
Calculation of average debtors’ collection period (in days): (2)
Calculation of % of debtors who are complying with the credit terms (as indicated in the Debtors Age Analysis): (2)
Brief comment on the above two calculations: (1)
Details of the main mistakes that the business is making with regard to debtors. Also provide the names of specific debtors to illustrate these main problems and suggest a solution for each mistake. (6)
|
11. Consider the actual and budgeted figures for Advertising, Telephone and Advertising. (Note that Mtini has not drawn any funds as yet.) Comment on each item, and offer ONE point of advice in each case.
COMMENT | ADVICE | |
ADVERTISING | ||
TELEPHONE | ||
INSURANCE |
6 |
12.
Bennie has made two significant decisions by taking out a new loan and admitting a partner to the business. What would you say to Bennie about these decisions and the effect on the cash flow of the business?
|
3 |
50 |
ACCOUNTING
SCHOOL BASED ASSESSMENT EXEMPLARS - CAPS
GRADE 12
TEACHER'S GUIDE\
TABLE OF CONTENT | |||
CONTENT | PAGE | ||
1 | Introduction | 3 | |
2 | Objectives/Aims of the project | 3 | |
3 | Assessment tasks as outlined by NCS and CAPS | 5 | |
4 | Scope of the project | 6 | |
5 | Quality assurance process followed | 6 | |
6 | Inclusions in this publication | 6 | |
Task A : First Term – Report: Companies This task is suitable for Grade 12 learners from 2014 (CAPS). | |||
Question paper | 7-9 | ||
Answer book | 10-14 | ||
Task B : | |||
Question paper | 15-18 | ||
Answer book | 19-22 | ||
Task C: | |||
Combined question paper and answer book | 23-29 | ||
Resource material | 30-36 | ||
Task D Third Term – Case Study: Cash Budget and Debtors | |||
Question paper | 37-41 | ||
Answer book | 42-46 | ||
Marking Guidelines | 47 | ||
Task A | 48-52 | ||
Task B | 53-55 | ||
Task C | 56-61 | ||
Task D | 62-65 |
1. INTRODUCTION
Assessment is a continuous planned process of identifying, gathering and interpreting information about the performance of learners, using various forms of assessment. It involves four steps: generating and collecting evidence of achievement; evaluating this evidence; recording the findings and using this information to understand and assist in the learner’s development to improve the process of learning and teaching. Assessment should be both informal (assessment for learning) and formal (assessment of learning). In both cases regular feedback should be provided to learners to enhance the learning experience.
School-based assessment (SBA) is a purposeful collection of learners’ work that tells the story of the learners’ efforts, progress or achievement in given area(s). The quality of SBA tasks is integral to learners’ preparation for the final examinations. This book serves as a resource of four exemplar SBA tasks for schools and subject teachers of Accounting. SBA marks are formally recorded by you, the teacher, for progression and certification purposes. The SBA component is compulsory for all learners. Learners who cannot comply with the requirements specified according to the policy may not be eligible to enter for the subject in the final examination.
The formal assessment tasks provide you with a systematic way of evaluation on how well learners are progressing. The book includes tests, a project and a case study. Formal assessment tasks form part of a year-long formal programme of assessment. These tasks should not be taken lightly and learners should be encouraged to submit their best possible efforts for final assessment.
Educators are expected ensure that assessment tasks are relevant to and suitable for the learners being taught. Teachers should adapt the tasks to suit the learners’ level of understanding and they should be context bound; however, they should also take cognisance of the requirements as set out in the Curriculum and Assessment Policy Statement (CAPS) document.
This publication comprises four tasks that address the demands of the Grade 12 Accounting curriculum. It is expected that these tasks will serve as a valuable resource to:
2. THE AIMS AND OBJECTIVES OF THE PROJECT
The tasks focus on the content of the National Curriculum Statement (NCS) effective in 2013, and contain exposure to certain aspects of new content of the Curriculum and Assessment Policy Statement (CAPS) effective from 2014.
The distinctive characteristics of SBA (and its strengths as one relatively small component of a coherent assessment system) have implications for its design and implementation, in particular the nature of the assessment tasks and the role of the teacher standardisation procedures. These implications are summarised as follows:
The project provides exemplar tasks that are aimed at:
3. ASSESSMENT TASKS AS OUTLINED BY THE NCS AND CAPS
The final Grade 12 mark is calculated from the National Senior Certificate (NSC) examination that learners will write (out of 300 marks) plus school-based assessment (out of 100 marks). The curriculum stipulates the following seven formal tasks that comprise school–based assessment in Accounting:
SCHOOL–BASED ASSESSMENT TASKS: NCS AND CAPS
Term | Details | Marks | Converted to |
1st term | Report | 50 marks | 10 marks |
Test | 100 marks | 20 marks | |
2nd term | Project | 50 marks | 20 marks |
Mid-year examination | 300 marks | 20 marks | |
3rd term | Case study | 50 marks | 10 marks |
Trial examination | 300 marks | 20 marks | |
100 marks |
4. SCOPE OF THE PROJECT
Task A | Task B Version (i) | Task B Version (ii) | Task C | Task D | |
Types of task | Written report | Test | Test | Project | Case study |
Compliance with NCS or CAPS | NCS and CAPS | CAPS only | NCS only | NCS and CAPS | NCS and CAPS |
Content covered | Part (a): Report on a listed JSE company | Asset disposal, Income Statement, Balance Sheet and Notes | Asset disposal, Income Statement, Balance Sheet and Notes | Interpretation of published financial statements and audit report | Cash Budget and Debtors Age Analysis |
Tested in examinations | Part (a): NO | YES | YES | YES | YES |
Skills assessed that are similar to skills assessed by examinations | Understanding theory of companies and internal control; Problem–solving | Preparing ledger accounts and financial statements | Preparing ledger accounts and financial statements | Analysis and interpretation of financial information | Analysis and interpretation of financial information; |
Skills assessed that are different to skills assessed by examinations | Research of a listed company | – | – | Dealing with quantity of information in published annual reports | – |
5. QUALITY ASSURANCE PROCESS FOLLOWED (SUBJECT SPECIFIC)
The purpose of this document is to provide both teachers and the learners with a set of benchmarked school based assessment (SBA) tasks. It contains useful information and guidelines in the form of exemplars.
A team of experts comprising teachers and subject advisors from the provinces was appointed by the DBE to develop and compile assessment tasks. This panel of experts spent a period of four days at the DBE developing tasks based on guidelines and policies. Moderation and quality assurance of the tasks were undertaken by national and provincial examiners and moderators. The assessment tasks were further refined by the national internal moderators to ensure that they are in line with the CAPS document.
6. INCLUSIONS IN THIS PUBLICATION
For each assessment task, this publication includes:
QP Task A
NOTE TO TEACHERS: This task is relevant to Grade 12 learners from 2014 (i.e. relevant to CAPS). This task comprises two parts. You may adapt the material to take the needs of your class group into account. For example, you may require them to do Part A on their own and Part B in class. Or you may require the class to do only Part B as a formal report and undertake Part A as an extension task in class on a weekly basis. If you choose to adapt the material in any way, you should ensure that the task comprises 50 marks as per CAPS.
ACCOUNTING GRADE 12: TASK A FIRST TERM ASSESSMENT TASK REPORT ON COMPANIES QUESTION PAPER 50 marks |
THIS TASK CONSISTS OF TWO PARTS:
PART A Report on a public company listed on the JSE. (26)
PART B Internal auditor’s report on procedures and internal controls in a public company (24)
50
PART A Report on a public company listed on the JSE [26 marks]
For this task you will need to use the page in the Business Report in a morning newspaper which lists the public companies that are traded on the Johannesburg Securities Exchange (JSE). You will need access to this re source on a weekly basis for a period of 5 weeks.
A rich aunt has earmarked R200 000 of her funds for investment purposes. She wants to buy shares of a public company listed on the JSE. She requires your advice. Choose a company that is well-known to you from the share page to complete the following report.
NOTE TO TEACHER: Each learner must choose a different company.
REQUIRED
Prepare a one-page report on the company you have chosen.
PREPARATION AND RESEARCH FOR YOUR REPORT
THE REPORT MUST INCLUDE THE FOLLOWING:
PART B Internal auditor’s report on a public company [24 marks]
You have been appointed as the internal auditor of Exotic Clothing Ltd, a new public company which is about to be established. All stock will be bought on credit. They will sell for cash and they will allow customers to buy on credit. It is expected that there will be approximately 1 000 shareholders. The CEO has asked you to prepare a report on certain procedures that should be put in place in the company.
The company currently has four employees in the Accounting department. The CEO is thinking of appointing Tom to manage fixed assets, Maisy to control trading stock, Bheki to control debtors (accounts receivable) and Shamila to control cash resources.
Your report should include:
TOTAL : 50 marks
ACCOUNTING GRADE 12: TASK A FIRST TERM ASSESSMENT TASK: REPORT ON COMPANIES ANSWER BOOK |
THIS TASK CONSISTS OF TWO PARTS:
PART A Report on a public company listed on the JSE.
PART B Internal auditor’s report on procedures and internal controls in a public company.
Name of learner | |
School | |
Class |
MAXIMUM | MARKS ACHIEVED | |
Part A | 26 | |
Part B | 24 | |
TOTAL | 50 |
PART A: REPORT ON INVESTMENT PORTFOLIO OF ________________ (name of aunt)
1.
Name of company: | |
Category on the share page | |
Starting date of the investment in shares | |
Share price on this date | |
Number of shares purchased (in lots of 100) | |
Total value of shares purchased | |
Cash on hand | |
Total value of investment portfolio | R200 000 |
4 |
2.
Share | Number of | Total value of shares | Cash on hand | Total value of investment | |
Week 1 | |||||
Week 2 | |||||
Week 3 | |||||
Week 4 | |||||
Week 5 |
5 |
3.
Graph of share price each week:
|
4 |
4.
Graph of value of investment portfolio each week:
|
4 |
5.
Further information on the company:
|
5 |
6.
Recommendation on further investment in this company, with reasons:
|
4 |
26 |
PART B
Internal auditor’s report on procedures to be implemented for Exotic Clothing Ltd
1.
Procedures to establish the company:
|
4 |
2.
Records that should be kept on each shareholder, together with reasons:
|
4 |
3.
Internal control procedures for fixed assets:
|
4 |
4.
Internal control procedures for trading stock:
|
4 |
5.
Internal control procedures for accounts receivable (debtors):
|
4 |
6.
Internal control procedures for cash collected: :
|
4 |
24 |
Signed: _____________________ (Internal Auditor) Date: ______________
IMPORTANT NOTE TO TEACHERS: The test includes entries relating to the new CAPS curriculum to be implemented in 2014, with regard to shares of no par value and the repurchase of shares. The test was adapted from a previous Grade 12 paper (QUESTION 4 of the 2009 NSC backup paper).
ACCOUNTING GRADE 12: TASK B FIRST TERM TEST QUESTION PAPER |
QP Task B
FINANCIAL STATEMENTS OF A COMPANY (100 marks; 60 minutes)
You are provided with figures from the Pre-Adjustment Trial Balance of Simphiwe Limited. They buy and sell uniforms and also repair uniforms for their customers, for which they charge a fee. These fees are credited to the Fee Income Account in the General Ledger.
By the end of the previous financial year, 30 September 2011, the company had issued 400 000 ordinary shares. These shares were all issued at different times and at different issue prices. Many of the existing shareholders had also bought shares on the JSE at prices negotiated with the sellers of those shares. The company also issued 100 000 new shares on 1 March 2013.
REQUIRED
3.1 Ordinary share capital (13)
3.2 Retained income (15)
INFORMATION
SIMPHIWE LTD
PRE-ADJUSTMENT TRIAL BALANCE ON 30 SEPTEMBER 2012
DEBIT | CREDIT | |
Balance Sheet Accounts Section | R | R |
Ordinary share capital (500 000 shares) | 4 410 000 | |
Retained income (1 October 2011) | 812 650 | |
Loan from Stay Bank | 270 000 | |
Land and buildings at cost | 4 884 000 | |
Vehicles at cost | 660 000 | |
Equipment at cost | 570 000 | |
Accumulated depreciation on vehicles (1 Oct 2011) | 123 000 | |
Accumulated depreciation on equipment (1 Oct 2011) | 111 000 | |
Debtors’ control | 109 800 | |
Creditors’ control | 53 880 | |
Trading stock | 1 398 600 | |
Bank | 940 500 | |
Petty cash | 6 600 | |
SARS – Income tax | 390 500 | |
Provision for bad debts | 4 320 |
Nominal Accounts Section | R | R |
Sales | 8 160 000 | |
Cost of sales | 3 930 000 | |
Debtors’ allowances | 18 600 | |
Salaries and wages | 486 000 | |
Discount allowed | 2 710 | |
Fee income | 314 250 | |
Rent income | 168 000 | |
Insurance | 33 000 | |
Sundry expenses | 117 750 | |
Directors’ fees | 870 000 | |
Audit fees | 161 100 | |
Consumable stores | 75 600 | |
Interest income | 7 500 | |
Dividends on ordinary shares (interim) | 264 000 |
ADJUSTMENTS AND ADDITIONAL INFORMATION
SIMPHIWE LTD CREDIT NOTE 4533 Credit: Supaclean Ltd | |||
Unit price | Total | ||
48 | Uniforms returned | R600 | R28 800 |
Reduction on fee charged for repair of uniforms | R2 250 | ||
R31 050 |
Balance at beginning of financial year | R450 000 |
Repayments during the year | R234 000 |
Interest capitalised | R ? |
Balance at end of financial year | R270 000 |
FIXED ASSETS REGISTER | Page 12 | ||
Item: VYE Computer | Ledger Account: Equipment | ||
Data Purchased: 1 April 2006 | Cost Price: R66 000 | ||
Depreciation Policy: 10% p.a. on cost price | |||
Date | Depreciation Calculations | Current Depreciation | Accumulated Depreciation |
30 Sep 2009 | R66 000 × 10% × 6/12 | R3 300 | R3 300 |
30 Sep 2010 | R66 000 × 10% × 12/12 | R6 600 | R9 900 |
30 Sep 2011 | R66 000 × 10% × 12/12 | R6 600 | R16 500 |
30 June 2012 | ? | R? | R? |
Total: 100 marks
ACCOUNTING GRADE 12: TASK B FIRST TERM TEST ANSWER BOOK |
Name of learner | |
School | |
Class |
MAXIMUM | MARKS ACHIEVED | |
Part 1 | 8 | |
Part 2 | 64 | |
Part 3.1 | 13 | |
Part 3.2 | 15 | |
TOTAL | 100 |
Answer Book Task B
1.
Calculate the profit or loss on the disposal of the computer. WORKINS:
ANSWER: |
8 |
2. SIMPHIWE LTD
INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2012
Other operating income | |
Operating expenses | |
Profit before interest expense | |
Profit before tax | |
64 |
3. NOTES TO THE FINANCIAL STATEMENTS
3.1
ORDINARY SHARE CAPITAL | |
Authorised: | |
Issued: | |
13 |
3.2
RETAINED INCOME | |
Balance at beginning of year | |
Add: | |
Less: | |
Less: | |
Balance at the end of the year |
15 |
100 |
NOTE TO TEACHERS: This task is relevant to Grade 12 learners from 2014 (i.e. relevant to CAPS). You may adapt the material to cater for more than 50 marks, but you should ensure that the final mark is converted to 50 marks as per CAPS. Teachers may allow learners to refer to textbooks in completing this task.
ALSO REFER TO THE SOURCE MATERIAL FOR THIS TASK
(PAGES 30-36)
ACCOUNTING GRADE 12: TASK C PUBLISHED FINANCIAL STATEMENTS OF A COMPANY QUESTION PAPER AND ANSWER BOOK 50 marks; 90 minutes |
Name of learner | |
School | |
Class |
MARKS ACHIEVED |
50 |
FAMOUS BRANDS LIMITED
REQUIRED
Study the information provided. Answer the questions which follow. As this task is intended as a project, you may use your textbook as a resource.
You are also provided with the following financial indicators for the 2011 financial year:
Current ratio = 1,4 : 1 Acid-test ratio = 1,1 : 1 Dividend pay-out rate = 64%
Debt-equity ratio = 0,2 : 1 Net asset value per share = R7,44 % return on shareholders’ equity = 33,9%
EPS = 242 cents DPS = 155 cents
1. General information
1.1 Refer to page 1 of the source material for the icons of the well-known brands that comprise Famous Brands Ltd. Name FOUR of these brands and describe the product or service in which each brand specialises.
|
2 |
1.2
Give the names of the persons who fill the following positions: Chairman of the Board of Directors, Chief Executive Officer, Group Financial Director and Company Secretary. Briefly explain the work done by each of them.
|
3 |
1.3
Who are the independent auditors of Famous Brands Limited, and how much were they paid for their services? Their report is not provided in this summary, but there is a reference to it in Note 3. Briefly explain what this audit report would contain.
|
3 |
1.4
How many directors does the company have, how many of them are executive directors and how many of them are non-executive directors? Briefly explain the difference in the roles of these two types of director.
|
3 |
2.
Why did the directors decide to show the graphs of the Earnings per Share and Total Revenue at the top of the page? Briefly explain what these graphs reflect about the company for the past five years.
|
2 |
3.
Refer to the commentary by the directors, particularly the Overview and the Financial results. What did the directors say about the changing habits of their customers, and how did the directors respond to these changes?
Briefly explain the major challenges that the company has faced in the current financial year.
The Operational Review states that the company was involved in three main areas: Franchising, Manufacturing and Logistics. Explain what is meant by each of these activities, with specific reference to the work that the company does.
The company does not operate only in South Africa. Provide evidence from the information to prove this point.
|
6 |
4.
Identify the following figures from the financial statements. Also state where you found each figure, i.e. in the Income Statement (IS), Balance Sheet (BS) or Cash Flow State ment (CFS).
|
4 |
5.
Refer to Page 1 of the source material for the highlighted indicators. Provide workings for the following calculations: % increase in revenue
% increase in operating profit
% increase in headline earnings per share (use basic HEPS)
% increase in dividends per share
|
4 |
6.
Calculate the following financial indicators for 2012. Refer to the end of the Income Statement for the number of shares.
|
4 |
7.
Comment on the liquidity position of the company. Quote TWO financial indicators to support your opinion.
|
3 |
8.
Comment on whether the company tends to retain or distribute its profits. Provide evi dence to support your opinion. Briefly explain how this could affect the share price on the JSE.
|
3 |
9.
Comment on the gearing of the company. Should the company repay loans or take out more loans? Provide evidence to support your opinion.
|
3 |
10.
In February 2012 the share price of the company on the JSE was R53,00. The price in creased to R79,00 in February 2013. Comment on whether or not you feel the company’s shares are fairly valued. Provide evidence to support your opinion.
|
3 |
11.
Should the shareholders be satisfied with the percentage return, earnings and dividends for the 2012 financial year? Explain. Provide evidence to support your opinion.
|
4 |
12.
What do the directors say about the prospects for the future? Would this influence you in buying shares in Famous Brands Limited?
|
3 |
TOTAL: 50 marks
SOURCE MATERIAL FOR TASK C SECOND TERM PROJECT Refer to the attached extract from the published annual report of 6 pages to follow (p 31-36) |
NOTE TO TEACHERS: This task is relevant to Grade 12 from 2014 (i.e. relevant to CAPS). Teachers may choose to increase the marks on specific items and mark the case study out of 75 or 100 marks, as long as the final weighting is as per CAPS.
ACCOUNTING GRADE 12: TASK D THIRD TERM ASSESSMENT TASK CASE STUDY: CASH BUDGET AND DEBTORS QUESTION PAPER 50 marks; 60 minutes |
Preamble |
REQUIRED
INFORMATION ON NEXT TWO PAGES …
INFORMATION
1.
Cash Budget for two months ending 31 January 2013 (actual figures in shaded columns):
December 2012 January 2013
Receipts | December 2012 | January 2013 | ||
BUDGET | ACTUAL | BUDGET | ACTUAL | |
Cash sales | 480 000 | 452 000 | 330 000 | 208 000 |
Receipts from debtors | ? | 189 980 | ? | 222 685 |
Commission income | 24 000 | ? | 20 400 | 12 000 |
Loan from Minty Bank | 0 | 0 | 0 | 120 000 |
Rent income | ? | ? | 15 950 | 31 900 |
Capital from M Mtini | 0 | 250 000 | 0 | 0 |
Total Receipts | 778 798 | 926 480 | ? | 594 585 |
Payments | ||||
Cash purchases | 222 500 | 245 750 | 155 000 | 110 380 |
Payments to creditors | 181 800 | 162 000 | ? | 184 000 |
Telephone | 2 800 | 4 500 | 2 800 | 4 200 |
Repayment on existing vehicle | 9 000 | 9 000 | 9 000 | 9 000 |
Vehicle expenses | 8 000 | 6 400 | 8 000 | 37 500 |
Salaries and wages | 68 000 | 82 800 | 72 080 | 72 080 |
Advertising | 5 000 | 5 000 | 5 000 | 5 000 |
Sundry operating expenses | 23 380 | 19 400 | 17 300 | 17 320 |
Insurance | 22 000 | 16 000 | 22 000 | 16 000 |
Drawings by Bennie Bekker | 25 000 | 25 000 | 25 000 | 35 000 |
Interest on overdraft | 4 020 | ? | ? | 0 |
Interest on loan | 500 | 500 | 500 | 0 |
Repayment of loans | 0 | ? | 0 | 4 000 |
Total payments | 572 000 | 620 370 | 516 930 | 494 480 |
Cash surplus/shortfall | 206 498 | 306 110 | ? | 100 105 |
Bank(Opening balance) | (325 400) | (325 400) | A | C |
Bank (Closing balance) | ? | (19 290) | B | D |
2. Purchases and sales of trading stock
Stock is replaced on a monthly basis.
50% of stock is usually purchased on credit.
Creditors are paid in the month after the purchases, to take advantage of a 10% discount. Goods are sold at a constant mark-up of 80% on cost.
The budget is worked out on the following total sales figures:
October 2012 | November 2012 | December 2012 | January 2013 |
R603 00 | R727 200 | R801 000 | R558 000 |
Credit sales constitute 40% of the total sales.
3. Expected collections from debtors:
Debtors are told that they are expected to pay in the current month or in the month following the sales transaction month. However, the budget is compiled as follows:
10% is collected in the transaction month. A discount of 5% is allowed for any payment received in the transaction month.
50% is collected in the month after the transaction month.
35% is collected in the second month after the month of sale.
4. Debtors Age Analysis on 31 December 2012
DEBTORS | CREDIT LIMIT | SEPTEMBER | OCTOBER | NOVEMBER | DECEMBER | TOTAL |
M Minaj | 45 000 | 49 100 | 49 100 | |||
U Usher | 85 000 | 7 800 | 40 680 | 48 480 | ||
B Beiber | 30 000 | 24 000 | 24 000 | |||
B Britney | 100 000 | 49 125 | 45 240 | 9 050 | 25 865 | 129 280 |
J Jemson | 12 000 | 6 500 | 6 500 | |||
W West | 50 000 | 22 000 | 22 000 | |||
D Drake | 120 000 | 29 800 | 39 000 | 24 000 | 26 680 | 119 480 |
H Hannah | 25 000 | 31 100 | 9 300 | 40 400 | ||
W Wayne | 45 000 | 4 350 | 23 270 | 8 740 | 36 360 | |
Other debtors | ? | ? | ? | ? | ? | |
R156 725 | R234 250 | R172 500 | R201 300 | R764 775 | ||
90 days | 60 days | 30 days | Current | |||
Percentage | % | % | % | % | 100% |
5. Actual figures from financial statements for year ended 31 December 2012:
For the year | ||
Total sales | R4 600 000 | |
Cash sales | R2 200 000 | |
Credit sales | R2 400 000 | |
1 January 2012 | 31 December 2012 | |
Trade debtors | R295 225 | R764 775 |
TOTAL: 50
ACCOUNTING GRADE 12: TASK D THIRD TERM ASSESSMENT TASK CASE STUDY: CASH BUDGET AND DEBTORS ANSWER BOOK |
Name of learner | |
School | |
Class |
MARKS ACHIEVED |
50 |
1.
What would you say to Bennie about the mistakes that he says his wife made in compiling the budget with regard to the depreciation and the contribution of a new delivery vehicle?
|
2 |
2.Debtors’ Collection Schedule for December 2012 and January 2013
MONTH | CREDIT SALES | DECEMBER 2012 | JANUARY 2013 |
October | |||
November | |||
December | |||
January | |||
Cash from debtors |
4 |
3.
Calculate % increase in budgeted salaries and wages in January 2013.
Calculate % decrease in amount budgeted for commission income in January 2013.
|
4 |
4.
Calculate total finance charges incurred in the purchase of the vehicle.
|
2 |
5.
Effect on the budget:
TWO points that Mtini would mention to Bekker:
|
4 |
6.
Calculation of rent income for December 2012:
Suitable explanation:
|
3 |
7.
Calculate the budgeted payments to creditors in January 2013.
Mtini feels that the business need not buy any goods for cash, and that all goods should be bought on credit. In your opinion, will this improve the business Cash Budget? Explain.
|
4 |
8.
Explain the difference between interest capitalised and interest not capitalised.
Calculate the amount of the loan repaid on 31 December 2012.
|
3 |
9.
Use the Cash Budget to identify the missing figures, totals and balances designated A–D. You are NOT required to identify other missing figures.
|
4 |
10.
Calculation of average debtors’ collection period (in days): (2)
Calculation of % of debtors who are complying with the credit terms (as indicated in the Debtors Age Analysis): (2)
Brief comment on the above two calculations: (1)
Details of the main mistakes that the business is making with regard to debtors. Also provide the names of specific debtors to illustrate these main problems and suggest a solution for each mistake. (6)
|
11. Consider the actual and budgeted figures for Advertising, Telephone and Advertising. (Note that Mtini has not drawn any funds as yet.) Comment on each item, and offer ONE point of advice in each case.
COMMENT | ADVICE | |
ADVERTISING | ||
TELEPHONE | ||
INSURANCE |
6 |
12.
Bennie has made two significant decisions by taking out a new loan and admitting a partner to the business. What would you say to Bennie about these decisions and the effect on the cash flow of the business?
|
3 |
50 |
NOTE TO TEACHERS: This task is relevant to Grade 12 learners from 2014 (i.e. relevant to CAPS). This task comprises two parts. You may adapt the material to take the needs of your class group into account. For example, you may require them to do Part A on their own and Part B in class. Or you may require the class to do only Part B as a formal report, and undertake Part A as an extension task in class on a weekly basis. If you choose to adapt the material in any way, you should ensure that the task comprises 50 marks as per CAPS.
ACCOUNTING GRADE 12: TASK A FIRST TERM ASSESSMENT TASK REPORT ON COMPANIES MARKING GUIDELINE |
THIS TASK CONSISTS OF TWO PARTS
PART A Report on a public company listed on the JSE
PART B Internal auditor’s report on procedures and internal controls in a public company
MARKING GUIDELINE FOR PART A
PART A
Report on a public company listed on the JSE
Marking Rubric
Criteria | Poor/Incorrect | Mark | Satisfactory | Mark | Good | Mark | Excellent | Mark |
Maximum number of shares that your aunt can buy | Weak calculations on share purchase | 0–1 | Some aspects are adequately covered | 2 | Good calculations presented | 3 | Excellent calculations showing great understanding | 4 |
Share price and other calculations | Weak calculations | 0–1 | Some aspects are adequately covered | 2 | Good calculations presented | 3 | Excellent calculations presented | 4–5 |
Graph of the company’s share price | Weak presentation of information in graph | 0–1 | Some aspects are adequately covered | 2 | Good preparation of graph | 3 | Excellent graph presented | 4 |
Graph of the value of your aunt’s investment portfolio | Weak presentation of information in graph | 0–1 | Some aspects are adequately covered | 2 | Good preparation of graph | 3 | Excellent graph presented | 4 |
Further information on the company | Poor information collected on the company | 0–1 | Some aspects are adequately covered | 2 | Good information collected on the company | 3 | Excellent information collected | 4–5 |
Recommendation on further investment in this company, with reasons | Poor recommendations on further investment | 0–1 | Some aspects are adequately covered | 2 | Good recommendations made | 3 | Excellent recommendations made | 4 |
26 |
MARKING GUIDELINE FOR PART B
Expected reponses are provided below. Marking guidelines are as follows:
Excellent answer = 4 marks; Good = 3 marks; Satisfactory = 2 marks; Poor = 1 mark; Incorrect = 0
Internal auditor’s report on procedures to be implemented for Exotic Clothing Ltd:
1. (4)
Procedures to establish the company:
|
2. (4)
Records that should be kept on each shareholder, together with reasons:
|
3 (4)
Internal control procedures for fixed assets:
|
4 (4)
Internal control procedures for trading stock:
|
5. (4)
Internal control procedures for accounts receivable (debtors):
|
6. (4)
Internal control procedures for cash collected
|
Signed: _________________________ (Internal Auditor) Date: ______________
24 |
IMPORTANT NOTE TO TEACHERS: This test is NOT relevant to 2013 Grade 12 learners. The test includes entries relating to the new CAPS curriculum to be implemented in 2014, with regard to shares of no par value and the repurchase of shares. The test was adapted from a previous Grade 12 paper (QUESTION 4 of the 2009 NSC backup paper).
ACCOUNTING GRADE 12: TASK B(i) 2014 CAPS VERSION |
1. (8)
Calculate the profit or loss on the disposal of the computer:
|
2. (64 makrks)
SIMPHIWE LTD INCOME STATEMENT FOR THE YEAR ENDED 30 SEPTEMBER 2012 | ||
Sales (8 160 000✔ – 18 600✔ – 28 800✔) | ✔ 8 112 600 | |
Cost of sales (3 930 000✔ – 19 200✔) | ✔ (3 910 800) | |
9 | Gross profit ✔ Operation, COS must be deducted | ? 4 201 800 |
Other operating income Check operation | ? 479 900 | |
Fee income (314 250✔ – 2 250✔) | ✔ 312 000 | |
Rent income (168 000✔– 24 000✔✔) | ✔ 144 000 | |
Bad debts recovered | ✔✔ 1 700 | |
13 | Trading stock surplus [1 440 000 – (1 398 600 + 19 200)] One part correct | ?✔✔ 22 200 |
4 681 700 | ||
Operating expenses Operation | ? (3 224 700) | |
Salaries and wages | ✔ 486 000 | |
Discount allowed | ✔ 2 710 | |
Insurance | ✔ 33 000 | |
Sundry expenses (117 750✔ – 9 600✔) | ✔ 108 150 | |
Directors’ fees (870 000✔ + 870 000✔+ 435 000✔) | ✔ 2 175 000 | |
Audit fees | ✔ 161 100 | |
Consumable stores (75 600✔ – 3 600✔) | ✔ 72 000 | |
Provision for bad debts adjustment (5 410✔ – 4 320✔) | ✔ 1 090 | |
Depreciation (4 950? + 13 750✔✔+ 74 400✔✔+ 50 400✔✔) See 4.1.1 Operation, one part correct | ? 143 500 | |
28 | Loss on sale of asset See 4.1.1 | ?? 42 150 |
Operating profit ✔ Operation, expenses must be deducted | ? 1 547 000 | |
Interest income ✔ | ✔ 7 500 | |
Profit before interest expense Operation | ? 1 464 500 | |
Interest expense ✔ | ✔✔ (54 000) | |
Profit before tax Operation, interest must be deducted | ? 1 401 500 | |
Income Tax ✔ If = 30% of figure above | ?? (423 150) | |
14 | Net profit after tax ✔ Operation, tax and interest expense must be deducted | ? 978 350 14 |
3. NOTES TO THE FINANCIAL STATEMENTS
3.1 (13 )
ORDINARY SHARE CAPITAL | |
Authorised: | |
600 000 ordinary shares ✔ | |
Issued: | |
✔400 000 shares in issue on 1 October 2011 (4 410 000–950 000) | ✔3 460 000 |
✔100 000 shares issued on 1 April 2009 at R9,50 each | ✔✔950 000 |
✔ 70 000 shares repurchased on 30 September 2012 (70 000✔ x R8,82✔) | ✔✔(617 400) |
✔430 000 shares in issue on 30 September 2012 | ?3 792 600 |
3.2 (15)
RETAINED INCOME | |
Balance at beginning of year | ✔812 650 |
Add: Net profit after tax ✔ See Inc Stmt | ?978 350 |
Less: Shares repurchased ✔ (70 000✔ x R2,38✔) | ✔✔(166 600) |
Less: Dividends ✔ Operation | ?(674 000) |
Interim | ✔264 000 |
Final (500 000✔ x 82c✔) | ✔410 000 |
Balance at end of year Operation | ?1 117 000 |
TOTAL FOR SECTION: 100 MARKS
NOTE TO TEACHERS: This task is relevant to Grade 12 learners in 2013 and from 2014 (i.e. relevant to CAPS as well). You may adapt the material to cater for more than 50 marks, but you should ensure that the final mark is reduced to 50 marks as per CAPS. Teachers may allow learners to refer to textbooks in completing this task. ALSO PROVIDE LEARNERS WITH THE RESOURCE MATERIAL FOR THIS TASK (SEPARATE DOCUMENT).
ACCOUNTING GRADE 12: TASK C |
You are provided with a summary of the published financial statements of FAMOUS BRANDS LIMITED for the year ended 29 February 2012.
REQUIRED
Study the information provided. Answer the questions which follow. As this task is intended as a project, you may use your textbook as a resource.
You are also provided with the following financial indicators for the 2011 financial year:
Current ratio = 1,4 : 1 Acid–test ratio = 1,1 : 1 Dividend pay-out rate = 64%
Debt-equity ratio = 0,2 :1 Net asset value per share = R7,44 % Return on shareholders’ equity = 33,9%
EPS = 242 cents DPS = 155 cents
Part–marks may be awarded for partial or incomplete answers.
1. General information:
1.1 (2)
Refer to Page 1 of the source material for the icons of the well-known brands that comprise Famous Brands Ltd. Name FOUR of these brands and describe the product or service in which each brand specialises. All items correct = 2 marks; partly correct = 1; incorrect = 0
|
1.2 (3)
Give the names of the persons who fill the following positions: Chairman of the Board of Directors, Chief Executive Officer, Group Financial Director and Company Secretary. Briefly explain the work done by each of them.
|
1.3 (3)
Who are the independent auditors of Famous Brands Limited, and how much were they paid for their services? Their report is not provided in this summary, but there is a reference to it in Note 3. Briefly explain what this audit report would contain.
|
1.4 (3 )
How many directors does the company have, how many of them are executive directors, and how many of them are non-executive directors? Briefly explain the difference in the roles of these two types of director.
|
2.
(2)
Why did the directors decide to show the graphs of the Earnings per Share and Total Revenue at the top of the page? Briefly explain what these graphs reflect about the company for the past five years. |
3. (6)
Refer to the Commentary by the directors, particularly the Overview and the Financial results. What did the directors say about the changing habits of their customers, and how did the directors respond to these changes? Briefly explain the major challenges that the company has faced in the current financial year. The Operational Review states that the company was involved in three main areas: Franchising, Manufacturing and Logistics. Explain what is meant by each of these activities, with specific reference to the work that the company does.
Expected response: Correct answer = 1 mark; incorrect = 0 |
4. (4)
Identify the following figures from the financial statements. Also state where you found each figure i.e. in the Income Statement (IS), Balance Sheet (BS) or Cash Flow Statement (CFS).
|
5. (4)
Refer to Page 1 of the source material for the six highlighted indicators. Provide workings for the following calculations: % increase in operating profit % increase in headline earnings per share (use basic HEPS) % increase in dividends per share |
6. (4)
Calculate the following financial indicators for 2012. Refer to the bottom of the Income Statement for the number of shares.
|
7. (3)
Comment on the liquidity position of the company. Quote TWO financial indicators to support your opinion. |
8. (3)
Comment on whether the company tends to retain or distribute its profits. Provide evidence to support your opinion. Briefly explain how this could affect the share price on the JSE. |
9. (3)
Comment on the gearing of the company. Should the company repay loans or take out more loans? Provide evidence to support your opinion. |
10. (3)
The share price of the company on the JSE in February 2012 was R53,00. The price increased to R79,00 in February 2013. Comment on whether or not you feel the company’s shares are fairly valued. Provide evidence to support your opinion. |
11. (4)
Should the shareholders be satisfied with the percentage return, earnings and dividends for the 2012 financial year? Explain. Provide evidence to support your opinion. |
12. (3)
What do the directors say about the prospects for the future? Would this influence you in buying shares in Famous Brands Limited? |
TOTAL: 50 marks
NOTE TO TEACHERS: This task is relevant to Grade 12 learners in 2013 and from 2014 (i.e. relevant to CAPS as well). Teachers may choose to increase the marks on specific items and mark the case study out of 75 or 100 marks, as long as the final weighting is as per CAPS (reduced to 10 marks).
ACCOUNTING GRADE 12: TASK D THIRD TERM ASSESSMENT TASK MARKING GUIDELINE |
1. (2)
What would you say to Bennie regarding the mistakes he thinks his wife made in compiling the budget with regard to the depreciation and the contribution of a new delivery vehicle? |
2. Debtors’ Collection Schedule for December 2012 and January 2013 ✔✔✔✔ (4)
All figures correct = 4 marks; Most correct = 3; Some correct = 2; Few correct = 1; None correct = 0
MONTH | CREDIT SALES | DECEMBER 2012 | JANUARY 2013 |
October | 241 200 | 84 420 | |
November | 290 880 | 145 440 | 101 808 |
December | 320 400 | 30 438 | 160 200 |
January | 223 200 | 21 204 | |
Cash from debtors | 260 298 | 283 212 |
3. (4)
Calculate % increase in budgeted salaries and wages in January 2013. Calculate % decrease in amount budgeted for commission income in Janu ary 2013 3 600 × 100 = 15% ✔? any one part correct i.e. either 3 600 or 24 000 |
4. (2)
Calculate the total finance charges incurred in the purchase of the vehicle. |
5. (4)
Effect on the budget:
|
6. (3)
Calculation of rent income for December 2012 Suitable explanation:
|
7. (4)
Calculate the budgeted payments to creditors in January 2013. Mtini feels that the business need not buy any goods for cash, and that all goods should be bought on credit. In your opinion, will this improve the business Cash Budget? Explain. |
8. (3)
Explain the difference between interest capitalised and interest not capitalised. Calculate the amount of the loan repaid on 31 December 2012. 500 ÷ 0,15 x 12 = R40 000 ✔✔ |
9. (4)
Use the Cash Budget to identify the missing figures, totals and balances designated A–D. You are NOT required to identify other missing figures.
|
10. (12)
Calculation of the average debtors’ collection period (in days):
|
11. Consider the actual and budgeted figures for Advertising, Telephone and Advertising. (Note that Mtini has not drawn any funds as yet.) Comment on each item, and offer ONE point of advice in each case. (6)
Comment ✔✔✔ | Advice ✔✔✔ | |
Advertising | The expense is the same as budgeted. This appears to be well planned. However, when one looks at the monthly sales, it shows that advertising is not effective. | They should consider increasing the advertising budget. Can be strategically linked to sales. The business must look at trends/ codes played at different seasons and budget accordingly. |
Telephone | Always overspending/under budgeted | Need extra control, investigate whether there is a need to increase (calling debtors etc.) or if it is being abused. |
Insurance | This is R6 000 under-budget each month. | They should consider whether they are still adequately covered or whether they have genuinely negotiated a better rate. This might be false economy if the insurance company fails to pay out for legitimate claims. |
12. (3)
Bennie has made two significant decisions by taking out a new loan and admitting a partner to the business. What would you say to Bennie about these decisions and the effect on the cash flow of the business? |
TOTAL MARKS FOR THE TASKS: 50