Cameroon GCE ordinary level June 2025 commerce 1
Cameroon GCE ordinary level June 2025 commerce 1
Losses of public corporations are borne by:
A Partners.
Shareholders.
C Tax payers.
D Board of directors.
The following are consumers’ rights EXCEPT
the right to be:
A Informed.
B Educated.
C Healthy.
D Represented.
9.
B
2. An external source of finance to a partnership
business is:
A Past savings.
B Plough back
C Provision for taxes
D Issue of shares
After compensation for a loss, the right to
scrap value belongs to:
A Insured.
B Third party.
C Insurer.
Policy holder.
10.
An undercharged invoice is corrected using:
A Credit note.
B Delivery note.
C Debit note.
D Consignment note.
J.
The document used when the seller doubts the
credit worthiness of a buyer is:
A Credit note.
B Invoice.
C Debit note.
D Pro forma invoice.
1 1 .
4. The following are services performed by a
wholesaler to manufacturers EXCEPT:
A Prompt payments.
B Buying in bulk.
C Selling in small quantities.
D Advertising goods.
The following are used for an insurance policy
to be established EXCEPT:
A Proposal form.
B Actuary.
C Premium.
D Assessor.
12.
5. A retail firm with many shop locations under
one management is:
A Department stores.
B Chain stores.
C Supermarkets.
D Hyper markets.
The Sales of Goods Act states that:
A Selling goods below right weight is illegal.
B Goods must be of merchantable quality.
C Inaccurate description is illegal.
D Cash price must be shown clearly.
13.
6. Those ships also known as ‘taxis’ of the sea
14. Given that current assets are 700,000 CFAF and
current liabilities are 500,000 CFAF. Working
capital is:
A 700,000 CFAF.
B 1,200,000 CFAF.
C 500,000 CFAF.
D 200,000 CFAF.
are:
A Coastal liners.
B Tramps.
C Passenger liners.
D Tankers.
Central banking in Cameroon is carried out by:
A BEAC.
B BICEC.
C SGBC.
D COBAC.
7.
In a hire purchase transaction, the buyer owns
the goods after payment of;:
A First installment.
B Last installment.
C Half the purchase price.
D One–third of the purchase price.
15.
Advertising made jointly by manufacturers is
known as:
A Persuasive.
B Informative.
C Generic.
D Competitive.
8.
Carriage forward as a term of payments means:
A Price of goods includes cost of transport.
B Payments are carried forward.
C Buyer is responsible for cost of transport.
D Seller is responsible for cost of transport
