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? primary production secondary production direct production subsistence production 2. Which is the correct order in the production process? primary → secondary → commercial commercial → primary → secondary commercial → secondary → primary primary → commercial → secondary 3. Which is not an advantage of specialisation? more goods are produced prices of goods are reduced quality of goods is improved craftsmanship is developed 4. Which is a producer good? Tractor Television Car Umbrella 5. The reward for enterprise is Interest Wages Profit Rent 6. The purpose of an indent is to state the goods delivered goods available goods insured goods required 7. The document used when goods are transported by sea is a bill of entry carriage exchange lading 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? reduce customs duty import more goods reduce foreign currency allocation remove import quotas 10. Which document is used to request payment from customers? advice note order form delivery note statement of account 11. A wholesale formed by farmers is a cash and carry wholesaler co-operative wholesale society specialist wholesaler general wholesaler 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 weight of goods prices of goods value of goods quality of goods 14. Which is not true of Private Limited Companies and Public Limited Companies? both sell shares at the stock exchange both are financed by shareholders both have a minimum of two shareholders both have limited liability 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 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 June 2009 Business Studies Paper 2 (Without Answers)- Updated 2025 June 2009 Business Studies Paper 2 (Without Answers)- Updated 2025 English Language Paper 1 November 2008 (Without Answers)- Updated 2025 English Language Paper 1 November 2008 (Without Answers)- Updated 2025