O-LevelCommerceFinanceOct/Nov 2016Paper 1 Q131 Mark
The diagram shows part of a credit note. How is the document used?
AThe buyer sends it to the supplier after goods have arrived damaged.
BThe buyer sends it to the supplier's bank to pay for goods supplied.
CThe supplier sends it to the buyer after goods have been returned damaged.
DThe supplier sends it to the buyer's bank to cancel overpayments.
✓ Correct Answer
The correct answer is C. 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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