O Level Commerce Quiz- Updated 2025 View Larger Image Commerce Multiple Choice Questions 1. In which stage of production is more value added to goods? direct production secondary production subsistence production primary production 2. Which is the correct order in the production process? commercial → primary → secondary commercial → secondary → primary primary → secondary → commercial primary → commercial → secondary 3. Which is not an advantage of specialisation? quality of goods is improved craftsmanship is developed prices of goods are reduced more goods are produced 4. Which is a producer good? Television Umbrella Tractor Car 5. The reward for enterprise is Wages Rent Profit Interest 6. The purpose of an indent is to state the goods insured goods delivered goods available goods required 7. The document used when goods are transported by sea is a bill of exchange entry carriage lading 8. What is not considered when calculating the balance of trade? value of goods exported value of goods imported duty paid for imported goods entry fees paid by tourists 9. Which action is taken to correct an unfavourable balance of payment? reduce customs duty reduce foreign currency allocation remove import quotas import more goods 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 specialist wholesaler cash and carry wholesaler co-operative wholesale society general wholesaler 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? test goods for quality establish consumer shops fix the prices of goods advise consumers of best buys 13. Trade Measures Act deals with prices of goods quality of goods weight of goods value of goods 14. Which is not true of Private Limited Companies and Public Limited Companies? both are financed by shareholders both sell shares at the stock exchange both have limited liability both have a minimum of two shareholders 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 2025 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 2025 June 2014 Business Studies Paper 2 Page 2 (Without Answers)- Updated 2025 November 2008 Business Studies Paper 2 (Without Answers)- Updated 2025 November 2008 Business Studies Paper 2 (Without Answers)- Updated 2025 November 2010 English Paper 1 (Without Answers)- Updated 2025 November 2010 English Paper 1 (Without Answers)- Updated 2025 June 2009 Business Studies Paper 1 (Without Answers)- Updated 2025 June 2009 Business Studies Paper 1 (Without Answers)- Updated 2025 June 2015 A Level Business Studies Paper 1 (Without Answers)- Updated 2025 June 2015 A Level Business Studies Paper 1 (Without Answers)- Updated 2025