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? subsistence production primary production secondary production direct production 2. Which is the correct order in the production process? primary → secondary → commercial commercial → secondary → primary commercial → primary → secondary primary → commercial → secondary 3. Which is not an advantage of specialisation? more goods are produced craftsmanship is developed quality of goods is improved prices of goods are reduced 4. Which is a producer good? Television Car Tractor Umbrella 5. The reward for enterprise is Rent Wages Interest Profit 6. The purpose of an indent is to state the goods required goods available goods insured goods delivered 7. The document used when goods are transported by sea is a bill of lading exchange carriage entry 8. What is not considered when calculating the balance of trade? entry fees paid by tourists duty paid for imported goods value of goods exported value of goods imported 9. Which action is taken to correct an unfavourable balance of payment? reduce foreign currency allocation reduce customs duty import more goods remove import quotas 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 general wholesaler specialist wholesaler co-operative wholesale society cash and carry wholesaler 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? advise consumers of best buys test goods for quality fix the prices of goods establish consumer shops 13. Trade Measures Act deals with prices of goods weight of goods quality 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 have limited liability 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 November 2009 English Language Paper 1 (Without Answers)- Updated 2025 November 2009 English Language Paper 1 (Without Answers)- Updated 2025 June 2014 English Language Paper 1 (Without Answers)- Updated 2025 June 2014 English Language Paper 1 (Without Answers)- Updated 2025 November 2013 Economics Paper 3 (Without Answers)- Updated 2025 November 2013 Economics Paper 3 (Without Answers)- Updated 2025 O Level History Weekly Quiz- Updated 2025 Gallery O Level History Weekly Quiz- Updated 2025 November 2013 Commerce Paper 2- Updated 2025 November 2013 Commerce Paper 2- Updated 2025