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 after–sales 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 170m, 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 Blandine’s 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