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? primary production direct production subsistence production secondary production 2. Which is the correct order in the production process? commercial → primary → secondary primary → commercial → secondary commercial → secondary → primary primary → secondary → commercial 3. Which is not an advantage of specialisation? craftsmanship is developed prices of goods are reduced more goods are produced quality of goods is improved 4. Which is a producer good? Car Umbrella Tractor Television 5. The reward for enterprise is Wages Interest Profit Rent 6. The purpose of an indent is to state the goods delivered goods insured goods required goods available 7. The document used when goods are transported by sea is a bill of entry carriage exchange lading 8. What is not considered when calculating the balance of trade? entry fees paid by tourists value of goods exported 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 foreign currency allocation reduce customs duty import more goods 10. Which document is used to request payment from customers? statement of account order form delivery note advice note 11. A wholesale formed by farmers is a general wholesaler specialist wholesaler cash and carry wholesaler co-operative wholesale society 12. Which is a function of the Consumer Council of Zimbabwe (CCZ)? test goods for quality establish consumer shops advise consumers of best buys fix the prices of goods 13. Trade Measures Act deals with quality of goods prices of goods weight 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 sell shares at the stock exchange both have limited liability both are financed by 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|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 2010 English Paper 1 (Without Answers)- Updated 2025 November 2010 English Paper 1 (Without Answers)- Updated 2025 June 2009 Business Studies Paper 1 (Without Answers)- Updated 2025 June 2009 Business Studies Paper 1 (Without Answers)- Updated 2025 June 2015 A Level Business Studies Paper 1 (Without Answers)- Updated 2025 June 2015 A Level Business Studies Paper 1 (Without Answers)- Updated 2025 June 2009 Business Studies Paper 2 (Without Answers)- Updated 2025 June 2009 Business Studies Paper 2 (Without Answers)- Updated 2025 English Language Paper 1 November 2008 (Without Answers)- Updated 2025 English Language Paper 1 November 2008 (Without Answers)- Updated 2025