O level south west regional mock gce 2022 commerce 2
O level south west regional mock gce 2022 commerce 2
1 . a) Explain any FIVE (5) measures the Cameroon government uses to reduce Road accidents.
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( lOmarks)
b) State and Explain any FIVE (5)steps involved in Quality Control. (lOmarks)
Total= (20 Marks)
2. a) Explain four (4) differences
corporations.
between public companies and public
(lOmarks)
b) Briefly explain three documents of joint stock companies.
c) Outline four (4) external sources of finance to a sole proprietor.
(6marks)
(4marks)
Total= (20 Marks)
3. a) Find below, information of a business.
Turnover = 300,000frs
Average stock = 10,000frs
Calculate
i) Gross profit
ii) Net profit
iii) Rate of turnover
Expenses = 27,000frs Cost of goods sold = 100 OOOfrs
Markup rate = 25%
(1Omarks)
b) Explain the importance of profit to a business. Give four (4) points. (1Omarks)
Total= (20 Marks)
4. a) Why do governments impose barriers to trade despite the advantages
to be gained from international trade? Give four (4) reasons,
b) Explain four (4) reasons why firms sell abroad?
(lOmarks)
(lOmarks)
Total= (20 Marks)
5. a) Explain four (4) life Insurance policies.
b) Give three (3Advantages of using cheques over cash as means of payment. (6marks)
c) State two (2) advantages of wholesaling to wholesalers.
(lOmarks)
(4marks)
Totals (20 Marks)
6. a) Write short notes on the following
i) Entrepot
ii) Post office
iii) Statement account
iv) Independent retailer
b) Define advertisement and give its importance
different parties concerned.
(1Omarks)
of advertising to the
(lOmarks)
Total= (20 Marks)
