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? secondary production direct production primary production subsistence production 2. Which is the correct order in the production process? commercial → secondary → primary primary → commercial → secondary primary → secondary → commercial commercial → primary → secondary 3. Which is not an advantage of specialisation? craftsmanship is developed more goods are produced prices of goods are reduced quality of goods is improved 4. Which is a producer good? Tractor Television Car Umbrella 5. The reward for enterprise is Rent Wages Profit Interest 6. The purpose of an indent is to state the goods available goods required goods delivered goods insured 7. The document used when goods are transported by sea is a bill of lading carriage entry exchange 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 reduce customs duty reduce foreign currency allocation import more goods 10. Which document is used to request payment from customers? delivery note order form advice note statement of account 11. A wholesale formed by farmers is a cash and carry wholesaler general wholesaler co-operative wholesale society specialist wholesaler 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? test goods for quality fix the prices of goods establish consumer shops advise consumers of best buys 13. Trade Measures Act deals with quality of goods value of goods prices of goods weight of goods 14. Which is not true of Private Limited Companies and Public Limited Companies? both are financed by shareholders both have limited liability 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 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