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Vocabulary flashcards outlining the Grade 9 Economic and Management Sciences (EMS) examination scope, structure, topics, and question breakdowns for Paper 1 (Financial Literacy) and Paper 2 (Business Studies).
EMS Paper 2 (Business Studies)
The Grade 9 theory examination scheduled for Monday 26th October 2026, lasting 1 hour with a total of 80 marks, covering The Economy and Entrepreneurship.
EMS Paper 1 (Financial Literacy)
The Grade 9 examination scheduled for Tuesday 10th November 2026, lasting 1 hour with a final mark calculation of 2140=70 marks.
The Economy (EMS P2)
One of the two main focus areas of Paper 2, covering the topics: Economic Systems, Circular Flow, Price Theory, and Trade Unions.
Entrepreneurship (EMS P2)
One of the two main focus areas of Paper 2, covering the topics: Sectors of the Economy, Functions of a Business, and Business Plan.
Section A (EMS P2 Question 1)
A 20-mark section covering all Paper 2 topics through multiple choice, match column A and B, and True or False questions.
Question 2 (EMS P2 Section B)
A 30-mark section under The Economy dedicated entirely to testing the topic Trade Unions.
Question 3 (EMS P2 Section C)
A 30-mark section under Entrepreneurship dedicated entirely to testing the topic Functions of a Business.
Section A (EMS P1 Question 1)
A section covering all Financial Literacy topics using multiple choice, fill in the missing word, and True or False questions.
Subsidiary Journals (EMS P1 Question 2)
The accounting journals tested in Question 2 of Paper 1, consisting of the Cash Receipts Journal, Cash Payments Journal, Debtors Journal, and Creditors Journal.
Cash Receipts Journal (P1 Scope)
A subsidiary journal tested in Paper 1 that specifically includes receiving money from Debtors.
Cash Payments Journal (P1 Scope)
A subsidiary journal tested in Paper 1 that specifically includes paying money to Creditors.
General Ledger Accounts (EMS P1 Question 3)
The specific General Ledger accounts tested in Paper 1: Trading stock, Debtors control, Sales, and Cost of sales.
Accounting Equation Transactions (EMS P1 Question 5)
The six transaction types tested in Question 5: Cash Sales, Credit Sales, Cash Purchases, Credit Purchases, Receiving money from Debtors, and Payment money to Creditors.