cameroon gce A level 2024 commerce and finance 1

cameroon gce A level 2024 commerce and finance 1

cameroon gce A level 2024 commerce and finance 1

Support service activities are classified as:
A Commercial industries
B Secondary industries
C Primary industries
D Tertiary industries
8.
The provision of aftersales services is the
responsibility of :
A
Producer
B Wholesalers
C
Retailers
D Consumers
2
. An economic system where individuals own
property and make decisions on basic economic
questions
is;
A Mixed economic
system
B Command economic system
C Capitalist economic system
D Socialist economic system
9
. Selling foreign products at a price slightly lower
than
below domestic price is known as price:
A Discriminating
B Depreciating
C Dumping
D fluctuating
3
. In the event of severe loss in a public limited
company
, who suffers the risk?
A
Board of directors
B Tax payers
C Shareholders
D Managers
10
. A broker has CFAF 25,000 annually with a 51%
commission on all orders above CFAF
1
,000,000. What will be his yearly income if he
took orders worth 2
,500,000 FCFA
A 75,000 FCFA

B 10,000 FCFA
C 100,000 FCFA

4. The conclusive evidence that a company has D 150,000 FCFA
been duly registered and all necessary procedure
are complete is a/an.
A Memorandum of association
B Certificate of incorporation
C Article of association
D Prospectus
Question 11 and 12 are based on information
below
;
The following is
extracted from a Country’s
balance
of payment in CFAF millions(m) ot
within the year 2018 is; Export: coffee 280m,
cocoa 200m, insurance 100m, banking 200m.
Import; tourism, 20m, computers 100m, cars
350m, phones 200m.and aviation 210m.
Question 5 and 6 are related to the information
below
three sisters; Blandine, Pauline and Stacy
contributed money for a business whose capital
stood at CFAF 5,250,000 11. Calculate the balance of trade
A 170
m, surplus
B 170m, deficit
C 130m
deficit
D 130m surplus
5.
Determine the amount contributed by Stacy if
their ratio stood
at 3:2:1
A CFAF 525,000
B
CFAF 2,625,000
C CFAF 875
,000
D CFAF
1 ,750,000
12. Determine Balance of
Payment
A
100m surplus
B 100m deficit
C 70m surplus
D
70m deficit
6. What
will be Blandines share of Capital?
A CFAF
525,000
B CFAF 2,625,000
C CFAF 875
,000
D CFAF
1 ,750,000
13. Importation for re
exportation is called?
A
Export
B Re
exportation
C Entrepot
D Custom debenture
7
. Joint stock companies are refer to;
A Public corporation
B Private companies
C Public companies
D Private and Public companies

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