February 2025

Users of Accounting Information

By |2025-02-12T09:15:31+02:00February 12th, 2025|Notes, Ordinary Level Notes, Principles of Accounts Notes|

There are various users of accounting information. Image credit  Enlgish-Today-Jarkata. There are various users of accounting information. Image credit Enlgish-Today-Jarkata.

ZIMSEC Principles of Accounts Notes: Users of Accounting Information.

  • Users of accounting information can be divided into two groups:
  • Internal users and,
  • External users.
  • Users of accounting information are sometimes known as stakeholders […]
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Factors of Production

By |2025-02-12T09:21:04+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Factors of Production

  • The four factors of production act as inputs during the production process.
  • They are also generally known as resources.

To access more topics go to the Commerce Notes page.

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The clearing of cheques

By |2025-02-12T09:15:11+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

Image credit dailymail.co.uk Image credit dailymail.co.uk ZIMSEC O Level Commerce Notes: Money and Banking: The clearing of Cheques.

  • There are three ways and circumstances in which a cheque may be cleared.

If the payee and drawer use the same bank and branch

  1. The payee deposits the cheque into his/her account.
  2. The payee is credited […]
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Code of advertising practice

By |2025-02-12T09:13:51+02:00February 12th, 2025|Notes, O Level Commerce Notes, Ordinary Level Notes|

ethics-min Image credit gatech.edu ZIMSEC O Level Commerce Notes: Advertising: Code of advertising practice

Code of advertising practice

Its importance

  • It establishes basic standards of advertising.
  • It ensures that advertisements are:
  • legal i.e. they follow the set advertising laws and metes sets out the punishments for transgressors.
  • Ethical i.e. are they realistic and do they adhere […]
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