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 direct production secondary production subsistence production 2. Which is the correct order in the production process? primary → commercial → secondary commercial → secondary → primary primary → secondary → commercial commercial → primary → secondary 3. Which is not an advantage of specialisation? quality of goods is improved prices of goods are reduced more goods are produced craftsmanship is developed 4. Which is a producer good? Car Tractor Television Umbrella 5. The reward for enterprise is Rent Profit Wages Interest 6. The purpose of an indent is to state the goods available goods insured goods required goods delivered 7. The document used when goods are transported by sea is a bill of lading exchange entry carriage 8. What is not considered when calculating the balance of trade? duty paid for imported goods entry fees paid by tourists value of goods exported value of goods imported 9. Which action is taken to correct an unfavourable balance of payment? reduce foreign currency allocation remove import quotas import more goods reduce customs duty 10. Which document is used to request payment from customers? statement of account advice note order form delivery note 11. A wholesale formed by farmers is a co-operative wholesale society cash and carry wholesaler general wholesaler specialist wholesaler 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? advise consumers of best buys fix the prices of goods establish consumer shops test goods for quality 13. Trade Measures Act deals with quality of goods prices of goods value of goods weight of goods 14. Which is not true of Private Limited Companies and Public Limited Companies? both have limited liability both have a minimum of two shareholders both are financed by 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 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 2007 Business Studies Paper 1 (Without Answers)- Updated 2025 June 2007 Business Studies Paper 1 (Without Answers)- Updated 2025 June 2018 Examination Timetable- Updated 2025 Gallery June 2018 Examination Timetable- Updated 2025 June 2007 Business Studies Paper 2 (Without Answers)- Updated 2025 June 2007 Business Studies Paper 2 (Without Answers)- Updated 2025 Ordinary Level Specimen Papers: New Curriculum (November 2018 – )- Updated 2025 Gallery Ordinary Level Specimen Papers: New Curriculum (November 2018 – )- Updated 2025 November 2007 Business Studies Paper 1 (Without Answers)- Updated 2025 November 2007 Business Studies Paper 1 (Without Answers)- Updated 2025