This document contains a 50 minute yearly examination for Year 9 Commerce students. [PART A] includes 20 multiple choice questions testing various commerce concepts. [PART B] includes short answer questions worth a total of 40 marks, testing topics like investing, promoting and selling, law and politics. Students are directed to record their answers on the answer sheet or in the spaces provided in the booklet. The exam covers a wide range of commerce topics and tests both knowledge and application of concepts.
This document contains a 50 minute yearly examination for Year 9 Commerce students. [PART A] includes 20 multiple choice questions testing various commerce concepts. [PART B] includes short answer questions worth a total of 40 marks, testing topics like investing, promoting and selling, law and politics. Students are directed to record their answers on the answer sheet or in the spaces provided in the booklet. The exam covers a wide range of commerce topics and tests both knowledge and application of concepts.
This document contains a 50 minute yearly examination for Year 9 Commerce students. [PART A] includes 20 multiple choice questions testing various commerce concepts. [PART B] includes short answer questions worth a total of 40 marks, testing topics like investing, promoting and selling, law and politics. Students are directed to record their answers on the answer sheet or in the spaces provided in the booklet. The exam covers a wide range of commerce topics and tests both knowledge and application of concepts.
This document contains a 50 minute yearly examination for Year 9 Commerce students. [PART A] includes 20 multiple choice questions testing various commerce concepts. [PART B] includes short answer questions worth a total of 40 marks, testing topics like investing, promoting and selling, law and politics. Students are directed to record their answers on the answer sheet or in the spaces provided in the booklet. The exam covers a wide range of commerce topics and tests both knowledge and application of concepts.
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NAME: ………………………………………………….……..
CIRCLE TEACHER: MS LOH, MS STEPHENS, MR ROWLANDS, MR WRITER
CLASS:…………………………………………………..……..
YEAR 9 COMMERCE 2022 YEARLY EXAMINATION
Time allowed – 50 min Weighting: 40 % of Yearly Report Directions to Candidates
Part A (20 Marks) Multiple Choice
Record your answers on the separate answer sheet provided.
Part B (40 Marks) Short Answers
Record your answers in the spaces provided on the booklet.
Section Maximum Mark
Mark Gained
Part A 20 Multiple Choice
Part B 1 10 Investing Part B 2 10 Investing Part B 3 Promoting and Selling 10
Part B 4 10 Law Society and Political Involvement
TOTAL 60
1 MULTIPLE CHOICE - ANSWER SHEET
Place an X for the most correct answer for multiple choice questions 1-20.
A B C D
10
11
12
13
14
15
16
17
18
19
20
2 Part A - Multiple Choice Questions (20 Marks)
1. Which is the order (lowest highest) that best represents Australia’s court systems?
a. Local, Supreme, High, District
b. Local, District, Supreme, High c. Local, District, High, Supreme d. Local, High, Supreme, District
2. What is the role of a jury?
a. To determine a person guilty or not guilty
b. To decide whether the judges sentencing is fair and just c. To speak with other jurors and express their opinions regarding a court case d. To determine a person’s sentencing length in prison
3. Which of the following is not a function of the High Court?
a. Make changes to the Constitution
b. Hear appeals from the Supreme Court c. Interpreting the Constitution d. Decide cases of special federal significance
4. Which of the following terms describes a person’s desire to constantly acquire
possessions?
a. Brand b. Materialism c. Evaluative d. Opportunistic
5. In reference to investing, what is the correct definition of a stock?
a. A contract between a buyer and seller that changes value in the market b. A regular payment c. A percentage ownership of a company d. A very risky investment
6. What is the term that refers to spreading risk in investment?
a. Government security b. Risk avoidance c. Materialism d. Diversification
7. Which of the following describes a very small segment of the total market a business might target?
a. Mass market b. Segment of a market c. Secondary target market d. Niche market
3 8. What is meant by the term ‘blue chip shares’?
a. Any share of a finance company
b. Any share of a bank c. A safe and secure share d. An unsafe and risky share
9. Tort law comes under what type of law?
a. Public law b. Private law c. Criminal law d. Civil law
10. What do laws stem from?
a. Morals b. Ethics c. Values d. All of the above
11. Which are the 4 main roles of law?
a. Right to vote, protection, compensation and resolving disputes
b. Limit crime, protection, compensation and right to live c. Establish boundaries, protection, freedom and resolving disputes d. Freedom of speech, right to education, police protection and resolving disputes
12. A trial for somebody who was using indecent language on a train would be heard in which of the following courts?
a. Local Court b. District Court c. Children’s Court d. Coroner’s Court
13. The recent legislative change to allow for same-sex marriage in Australia comes under what type of law
a. Constitutional law b. Family law c. Tort law d. Criminal law
14. Which of the following is the best definition of relationship marketing?
a. The inclusion of advertisement in entertainment
b. Differentiating products from competitors c. Mass producing the same product for all customers d. Developing long-term relationships with customers
4 15. Which of the following is an example of product placement?
a. Buy one get one free
b. 50% discounted price c. Putting a product’s logo in a popular tv series d. Making a tv advertisement for a product
16. The extra amount of money earned each year when leaving your money in a savings account is known as what?
a. Mortgage b. Savings account c. Dividend d. Interest
17. Which of the following is considered the highest risk investment?
a. Cryptocurrency b. Blue chip shares c. Term deposit d. Leaving your money in a savings account
18. The ASX 200 refers to what?
a. 200 International companies present in Australia
b. 200 Australian Blue-Chip companies c. Largest 200 Australian Companies d. Australia’s 200 richest people
19. The main reason for Coca-Cola’s success for their soft drink is what?
a. Healthy ingredients in their drink
b. Ethical and responsible production methods c. Cheap prices d. Marketing strategies
20. Which of the following statements is a part of The Competition and Consumer Act 2010 in relation to advertising targeting young people?
a. Television advertising must include colour and fast music
b. Advertising must not encourage dangerous activities c. Sexual images can be used if they are age appropriate d. Print advertising for food must promote an unhealthy lifestyle
End of Part A
5 Part B 1 - Short Answers (Consumer and Financial Decisions) (20 marks) Question 21 Marks
f) Describe four factors an investor would need to consider before buying shares in publicly listed companies. 4
1 3
2 4
g) Consider the following based on the current financial climate, ie (high interest rates, low unemployment, high inflation, supply issues, high oil prices, war in Ukraine). You are 18 years old, healthy and likely to go to university. Your parents just gave you $500,000 to invest. Recommend and justify TWO investment options that would likely benefit you in the future. 4 Recommendation 1-
Justification
Recommendation 2 –
Justification
7 Part B - 3 (Promoting and Selling) (10 marks) Question 22 Marks
a) Distinguish between a standardised approach and a customised approach to marketing.
