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 secondary production primary production 2. Which is the correct order in the production process? commercial → primary → secondary primary → commercial → secondary primary → secondary → commercial commercial → secondary → primary 3. Which is not an advantage of specialisation? craftsmanship is developed more goods are produced quality of goods is improved prices of goods are reduced 4. Which is a producer good? Umbrella Tractor Car Television 5. The reward for enterprise is Rent Interest Profit Wages 6. The purpose of an indent is to state the goods delivered goods available goods required goods insured 7. The document used when goods are transported by sea is a bill of lading carriage exchange entry 8. What is not considered when calculating the balance of trade? value of goods exported entry fees paid by tourists 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 customs duty reduce foreign currency allocation 10. Which document is used to request payment from customers? advice note delivery note order form statement of account 11. A wholesale formed by farmers is a cash and carry wholesaler general wholesaler specialist wholesaler co-operative wholesale society 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? fix the prices of goods test goods for quality advise consumers of best buys establish consumer shops 13. Trade Measures Act deals with quality of goods weight of goods value of goods prices 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 Twitter (Opens in new window)Click to share on Facebook (Opens in new window) 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