O-LevelCommerceFinanceOct/Nov 2014Paper 1 Q401 Mark
In 2013 Mrs Kumar's business had a rate of turnover of five. The business holds an average stock of $50000 at cost price. What was the total cost of goods sold in 2013?
A$10000
B$50000
C$200000
D$250000
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of finance within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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