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 subsistence production primary production secondary production 2. Which is the correct order in the production process? primary → secondary → commercial primary → commercial → secondary commercial → primary → secondary commercial → secondary → primary 3. Which is not an advantage of specialisation? craftsmanship is developed quality of goods is improved more goods are produced prices of goods are reduced 4. Which is a producer good? Tractor Television Umbrella Car 5. The reward for enterprise is Profit Rent Interest Wages 6. The purpose of an indent is to state the goods available goods delivered goods insured goods required 7. The document used when goods are transported by sea is a bill of lading entry carriage exchange 8. What is not considered when calculating the balance of trade? value of goods imported value of goods exported duty paid for imported goods entry fees paid by tourists 9. Which action is taken to correct an unfavourable balance of payment? remove import quotas reduce foreign currency allocation import more goods reduce customs duty 10. Which document is used to request payment from customers? advice note order form statement of account delivery note 11. A wholesale formed by farmers is a general wholesaler specialist wholesaler cash and carry wholesaler co-operative wholesale society 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? advise consumers of best buys test goods for quality establish consumer shops fix the prices of goods 13. Trade Measures Act deals with quality of goods weight of goods prices of goods value of goods 14. Which is not true of Private Limited Companies and Public Limited Companies? both have a minimum of two shareholders both sell shares at the stock exchange both have limited liability both are financed by 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 November 2013 Commerce Paper 2- Updated 2025 November 2013 Commerce Paper 2- Updated 2025 O Level Science Weekly Quiz- Updated 2025 Gallery O Level Science Weekly Quiz- Updated 2025 November 2012 Economics Paper 3 (Without Answers)- Updated 2025 November 2012 Economics Paper 3 (Without Answers)- Updated 2025 O Level Biology Weekly Quiz- Updated 2025 Gallery O Level Biology Weekly Quiz- Updated 2025 June 2007 Business Studies Paper 1 (Without Answers)- Updated 2025 June 2007 Business Studies Paper 1 (Without Answers)- Updated 2025