cameroon gce ordinary level June 2022 commerce 1
cameroon gce ordinary level June 2022 commerce 1
Commerce is sub-divided into; 10.
A Trade and banking.
B Transport and aids to trade.
C Aids to trade and trade.
D Aids to trade and insurance.
I ‘
A dress maker can be classified under;
A Industry.
B Manufacturing.
C Tertiary production.
D Direct services.
2.
The main source of capital for a credit union
is;
A Contributions from members.
B Loans from banks.
C Subvention from government.
A company with name ending “PLC” signifies; D Savings from members.
A Public company.
B Public corporation.
C Private company.
D Private corporation.
j.
A marketing method intended to maintain
Public confidence is known as;
A Sales promotion.
B Advertising.
C Public relations.
D Personal selling.
12.
The production process ends with;
A Retailer.
. B Consumer.
C Wholesaler.
D Manufacturer.
4.
13. The document that grants title to goods in
international trade is called;
A Bill of lading.
B Certificate of origin.
C Bill at sight.
D Certificate of insurance.
An advert made by radio is known as;
A Indirect advertising.
B Mass advertising.
C Persuasive advertising.
D Competitive advertising.
5.
Government assistance to infant industries is;
A Embargo.
B Customs duty.
C Quota.
D Subsidies.
14.
Cash at bank, cash in hand and debtors can be
classified as;
A Working capital.
B Fixed assets.
C Current assets.
D Fixed capital.
6.
Shops spread all over a town or country with
identical buildings are called;
A Department stores.
B Multiple shops.
C Supermarkets.
D Hypermarkets.
15.
7. A document used to correct errors of an
undercharged invoice is known as;
A Credit note.
B Debit note.
C Delivery note.
D Advice note.
16. Giving that opening stock is 50,000 CFAF,
closing stock 20,000 CFAF and expenses
80,000CFAF. Calculate average stock.
A 70,000 CFAF.
B 30,000 CFAF.
C 35,000 CFAF.
D 10,000 CFAF.
8. Wholesalers perform the following functions to
manufacturers EXCEPT;
A Bear part of the risks.
B Provides market information.
C Making prompt payments.
D Breaks bulk. 17. Prompt payments for goods bought by
customers will attract a;
A Cash discount.
B Rebate.
C Quantity discount.
D Trade discount.
9. A document usually issued by a seller who
doubis the credit ability of a new buyer is;
A Credit note.
B Pro forma invoice.
C Promissory note.
D Statement of account
