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O-LevelCommerceBankingOct/Nov 2015Paper 1 Q311 Mark

What is a disadvantage to a company of introducing direct debiting for payment of bills owed to it?

ACustomers need to be informed of changes in the amount to be collected.
BDifferent amounts of money may be collected at different times.
CThe billing system is computerised so money is collected electronically.
DThere is a reduction in the amount of bad debts from customers.

✓ Correct Answer

The correct answer is A. This question tests the candidate's understanding of banking within the Commercesyllabus. The examiner's mark scheme requires...

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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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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) Oct/Nov 2015 examination, Paper 1 Variant 1. It tests the topic of Banking and is worth 1 mark.

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