Mock exam paper B Ordinary Level Marking Scheme

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PRE - JUNIOR CERTIFICATE EXAMINATION, 2014

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BUSINESS STUDIES

ORDINARY LEVEL

MARKING SCHEME

Paper A & B

SECTION A

(100 marks)

Answer all 20 questions. Each question carries 5 marks.

  1. The following initials are used in technology. What do they stand for?

(Write each answer in full in the space provided.)

RAM

Random Access Memory

3 Marks

VDU

Visual Display Unit

2 Marks

  1. Arrange the following customers’ names in alphabetical order:

MELANIE BRESLIN,

MIKE BRENT,

MAUREEN BREEN,

MELISSA BRENNAN

(i)

Maureen Breen

2

(ii)

Melissa Brennan

1

(iii)

Mike Brent

1

(iv)

Melanie Breslin

1

  1. Indicate by using a tick ( ) which of the following countries joined the European Union in July 2013 becoming the 28th Member state of the EU.

Ireland

Croatia

France

  1. There are four factors of production. Two are listed below, name the other two in the space provided below.

LAND

LABOUR

Capital (3 Marks)

ENTERPRISE (2 marks)

  1. Place a tick() after each statement showing whether it is TRUE or FALSE:

TRUE

FALSE

It is legal for retailers to show the following sign on their premises: ‘Goods will NOT be exchanged’

3 Marks

The Consumer Protection Act 2007 protects consumers against false and misleading information.

2 Marks

  1. The following line graph shows the rate of inflation in a country over the last 5 year.

Study the graph and answer the questions that follow:

  1. Which year had the highest rate of inflation?

2012 – 3 Marks

  1. How is inflation measured in Ireland?

CPI – 2 Marks

  1. Emmet O’Halloran received his wages in cash. His employer used the least number of notes and coins possible when putting the cash in Emmet’s pay envelope. Complete the Note/Coin Analysis slip showing how many notes and coins of each amount were in the envelope.

NOTE/COIN ANALYSIS

TOTAL

€100

€50

€20

€10

€5

€2

€1

50c

20c

10c

5c

2c

1c

€479.58

4

1

1

1

2

1

1

1

1

9 x ½ mark per each correct recording – additional ½ if fully correct.

  1. Which one of the following is an example of an invisible import for Ireland?

Tick () th...

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