Ordinary level 2025 North West regional mock commerce 2

Here is the data:

1. a) Name and explain any FOUR differences between a private enterprise and a public enterprise. b) Explain any THREE internal sources of finance to a public company. c) Outline any SIX reasons for the continual existence of small businesses in Cameroon.  
2. a) Define the following terms: i) Land ii) Capital iii) Entrepreneur b) Explain any THREE criteria of classifying enterprises in Cameroon c) Name and explain any FOUR types of warehouses
3. a) Explain the following business documents: i) Credit note ii) Advice note iii) Statement of account. b) Briefly explain any FOUR services of the wholesaler to the c) Outline any THREE reasons for direct dealing in the of goods.  
4. a) Given that the opening stock of a business is 6,000,000円 Closing stock are 3,000,000frs and net sales are 8.000.000Frs. Calculate: i) Cost of goods sold. 6,000,0006rs. Purchases we were 2,000,000Frs. ii) Gross profits iii) Rate of turnover iv) Gross profit margin (6mks) b) Name and explain any FOUR ad ages of advertising to the economy.
5. a) How are commercial banks banks important to businessmen in terms of the following? i) Deposits ii) Payme (6mks) b) Outlice FOUR advantages of using cheques as means of payments. c) Briefly explain any TWO of the following types of risks: i) Fidelity guarantee, ii) Comprehensive insurance iii) Employers liability iv) Working capital
6. a) State and explain any FOUR benefits of international trade to the economy of Cameroon (8mks) b) Explain FOUR factors a businessman consider when choosing a means of transport? c) Outline any FOUR advantages of pipeline transport over other modes of transport?  
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