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 → secondary → primary primary → secondary → commercial commercial → primary → secondary primary → commercial → secondary 3. Which is not an advantage of specialisation? quality of goods is improved prices of goods are reduced craftsmanship is developed more goods are produced 4. Which is a producer good? Car Umbrella Television Tractor 5. The reward for enterprise is Wages Profit Interest Rent 6. The purpose of an indent is to state the goods insured goods required goods available goods delivered 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 imported entry fees paid by tourists value of goods exported duty paid for imported goods 9. Which action is taken to correct an unfavourable balance of payment? import more goods reduce foreign currency allocation reduce customs duty remove import quotas 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 cash and carry wholesaler co-operative wholesale society specialist wholesaler general wholesaler 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? advise consumers of best buys establish consumer shops fix the prices of goods test goods for quality 13. Trade Measures Act deals with prices of goods value of goods quality of goods weight of goods 14. Which is not true of Private Limited Companies and Public Limited Companies? both sell shares at the stock exchange both are financed by shareholders both have limited liability both have a minimum of two shareholders 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|2022-09-15T12:29:40+02:00January 24th, 2023|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