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 subsistence production primary production 2. Which is the correct order in the production process? commercial → primary → secondary primary → secondary → commercial commercial → secondary → primary primary → commercial → secondary 3. Which is not an advantage of specialisation? prices of goods are reduced more goods are produced craftsmanship is developed quality of goods is improved 4. Which is a producer good? Umbrella Car Tractor Television 5. The reward for enterprise is Interest Profit Rent Wages 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 carriage lading entry exchange 8. What is not considered when calculating the balance of trade? value of goods exported value of goods imported entry fees paid by tourists duty paid for imported goods 9. Which action is taken to correct an unfavourable balance of payment? reduce customs duty reduce foreign currency allocation remove import quotas import more goods 10. Which document is used to request payment from customers? delivery note advice 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)? establish consumer shops fix the prices of goods test goods for quality advise consumers of best buys 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 a minimum of two shareholders both are financed by shareholders both sell shares at the stock exchange 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 June 2008 Business Studies Paper 2 (Without Answers)- Updated 2025 June 2008 Business Studies Paper 2 (Without Answers)- Updated 2025 The Enterprising Environment Quiz- Updated 2025 Gallery The Enterprising Environment Quiz- Updated 2025 June 2014 A Level Business Studies Paper 2 Page 1 (Without Answers)- Updated 2025 June 2014 A Level Business Studies Paper 2 Page 1 (Without Answers)- Updated 2025 November 2008 Business Studies Paper 1(Without Answers)- Updated 2025 November 2008 Business Studies Paper 1(Without Answers)- Updated 2025 June 2014 Business Studies Paper 2 Page 2 (Without Answers)- Updated 2025 June 2014 Business Studies Paper 2 Page 2 (Without Answers)- Updated 2025