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commerce a.p (5).pdf

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Subject
Commerce
Level
O-Level
Document
Revision Pack
Paper
Paper 1
Time allowed
1 hour 15 minutes
File
PDF, 4.7 MB

About this revision pack

This is the O-Level Commerce revision pack for Paper 1. It is a free revision pack for revision. Time allowed: 1 hour 15 minutes.

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Text from the first page

EXAMINATION PRACTICE 3
PAPER 1
Time 1 hour 15 minutes
Answer all questions
1. A $\_\_\_\_$ is in primary production.
A. baker
B. builder
C. gold miner
D. carpenter
2. A soccer player is classified under
A. direct service.
B. indirect service.
C. direct production.
D. secondary production.
3. Trade enables the
A. making of goods.
B. hoarding of goods.
C. exchanging of goods.
D. packing of goods.
4. Which type of goods is likely to pass through a wholesaler?
A. Perishable goods
B. Household goods
C. Technical goods
D. Fragile goods
5. Identify a small-scale retail outlet.
A. Independent store
B. Departmental store
C. Chain store
D. Retail co-operative
6. Which one is an internal stakeholder?
A. Customer
B. Suppliers
C. Bank
D. Owner
7. A wholesale formed by farmers is a
A. cash and carry wholesaler.
B. co-operative wholesale society.
C. general wholesaler.
D. specialist wholesaler.
8. Identify a requirement of self-service from the following.
A. Goods should be branded
B. Goods should be graded
C. Goods should be inspected
D. Goods should be manufactured
9. What is the purpose of a debit note?
A. To increase the amount owing on the invoice
B. To remind customers of the amount due
C. To show details of goods returned to the supplier
D. To show that packing cases have been returned

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