O Level Commerce Quiz- Updated 2026 View Larger Image Commerce Multiple Choice Questions 1. In which stage of production is more value added to goods? direct production secondary production primary production subsistence production 2. Which is the correct order in the production process? commercial → primary → secondary primary → commercial → secondary commercial → secondary → primary primary → secondary → commercial 3. Which is not an advantage of specialisation? prices of goods are reduced craftsmanship is developed quality of goods is improved more goods are produced 4. Which is a producer good? Television Car Tractor Umbrella 5. The reward for enterprise is Interest Profit Rent Wages 6. The purpose of an indent is to state the goods available goods required goods insured goods delivered 7. The document used when goods are transported by sea is a bill of exchange entry lading carriage 8. What is not considered when calculating the balance of trade? entry fees paid by tourists value of goods exported duty paid for imported goods value of goods imported 9. Which action is taken to correct an unfavourable balance of payment? remove import quotas import more goods reduce foreign currency allocation reduce customs duty 10. Which document is used to request payment from customers? statement of account delivery note advice note order form 11. A wholesale formed by farmers is a general wholesaler co-operative wholesale society specialist wholesaler cash and carry wholesaler 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? fix the prices of goods establish consumer shops advise consumers of best buys test goods for quality 13. Trade Measures Act deals with weight of goods quality of goods prices of goods value of goods 14. Which is not true of Private Limited Companies and Public Limited Companies? both have limited liability both are financed by shareholders both have a minimum of two shareholders both sell shares at the stock exchange Loading … To take more quizzes visit the Weekly Quiz page Share this: Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook By garikaib|2025-02-12T09:00:08+02:00February 12th, 2025|Commerce Exams, Exams, Ordinary Level Exams|Comments Off on O Level Commerce Quiz- Updated 2026 Share This Story, Choose Your Platform! FacebookTwitterEmail About the Author: garikaib He holds an Honours in Accountancy degree from the University of Zimbabwe. He is passionate about technology and its practical application in today's world. Related Posts June 2014 Business Studies Paper 2 Page 2 (Without Answers)- Updated 2026 June 2014 Business Studies Paper 2 Page 2 (Without Answers)- Updated 2026 November 2008 Business Studies Paper 2 (Without Answers)- Updated 2026 November 2008 Business Studies Paper 2 (Without Answers)- Updated 2026 November 2010 English Paper 1 (Without Answers)- Updated 2026 November 2010 English Paper 1 (Without Answers)- Updated 2026 June 2009 Business Studies Paper 1 (Without Answers)- Updated 2026 June 2009 Business Studies Paper 1 (Without Answers)- Updated 2026 June 2015 A Level Business Studies Paper 1 (Without Answers)- Updated 2026 June 2015 A Level Business Studies Paper 1 (Without Answers)- Updated 2026