Ordinary level 2026 South West regional mock commerce 1
Ordinary level 2026 South West regional mock commerce 1
Here is the extraction of the text from the fourth image, which appears to be a Commerce examination paper.
1. The aim of studying commerce shows the importance of _ satisfying human wants.
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A. Trade
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B. Transport
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C. Communication
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D. Advertising
2. The main branch of commerce is:
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A. Banking
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B. Transport
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C. Trade
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D. Advertising
3. An auxiliary of trade which assists traders to have a continuous supply of goods for their customers is:
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A. Transport
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B. Banking
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C. Communication
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D. Warehouse
4. Commercial activities are generally classified as:
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A. Direct production
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B. Secondary production
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C. Primary production
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D. Indirect production
5. Wants which can be satisfied by using the natural resources available to mankind are:
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A. Material wants
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B. Immaterial wants
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C. Direct services
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D. Indirect services
6. The refund of custom duties for goods re-exported to other countries is called:
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A. Bilateral trade
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B. Export trade
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C. Custom drawbacks
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D. Import trade
7. Trade amongst the CEMAC countries can best be explained as:
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A. Entrepôt trade
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B. Multilateral trade
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C. Bilateral trade
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D. Import trade
8. Enterprises are classified by:
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A. By location, activity, ownership and size
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B. By capital, number of employees, size, and activity
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C. By capital, size, ownership, and location
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D. Number of employees, size, location, and activity
9. The department of an enterprise responsible for determining salary of workers, creativity, and negotiating with trade unions:
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A. Marketing department
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B. Production department
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C. Personnel department
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D. Store department
10. The branch of production that brings about the change of ownership and location of goods is:
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A. Industry
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B. Direct production
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C. Commercial activities
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D. Primary production
11. Unincorporated businesses raise their capital primarily through…
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A. Share issue
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B. Loans
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C. Rent
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D. Savings from members
12. In which of the following businesses are profit returns used, called surpluses?
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A. Cooperative enterprise
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B. Private limited companies
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C. Sole proprietorship
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D. Parastatals and multinational enterprises
13. Which of the following is a social responsibility of an enterprise?
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A. Complete production process
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B. Create employment
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C. Make profit for shareholders
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D. Paying taxes
14. What is the main advantage of a partnership business?
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A. Limited liability
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B. Easy to establish
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C. Shared decision making
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D. Limited capital
15. Inflow of activities in an enterprise occurs when…
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A. Debtors settle their debts
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B. Creditors are paid
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C. Raw materials are bought
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D. Salaries are paid
16. The statement “Milk is good for you” describe which advertising function;
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A. Generic
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B. Informative
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C. Persuasive
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D. Convincing
17. This advertising media combines sound and sight
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A. Radio
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B. Television
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C. Platglass
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D. Window dressing
18. An advertising media not suitable in areas without street is …
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A. Newspaper
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B. Radio
