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 direct production secondary production 2. Which is the correct order in the production process? primary → commercial → secondary commercial → primary → secondary primary → secondary → commercial commercial → secondary → primary 3. Which is not an advantage of specialisation? prices of goods are reduced quality of goods is improved more goods are produced craftsmanship is developed 4. Which is a producer good? Television Car Tractor Umbrella 5. The reward for enterprise is Profit Wages Interest Rent 6. The purpose of an indent is to state the goods delivered goods required goods available 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 duty paid for imported goods value of goods imported entry fees paid by tourists 9. Which action is taken to correct an unfavourable balance of payment? import more goods reduce customs duty remove import quotas reduce foreign currency allocation 10. Which document is used to request payment from customers? statement of account advice note delivery note order form 11. A wholesale formed by farmers is a co-operative wholesale society general wholesaler specialist wholesaler cash and carry wholesaler 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? fix the prices of goods advise consumers of best buys establish consumer shops test goods for quality 13. Trade Measures Act deals with prices of goods quality of goods value of goods weight of goods 14. Which is not true of Private Limited Companies and Public Limited Companies? both have a minimum of two shareholders both sell shares at the stock exchange both are financed by shareholders 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 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