O-LevelCommerceWholesale trade7100/11 · Oct/Nov 2020 · Q101 Mark

The table shows information about a transaction between a wholesaler and a retailer. Which action is most likely to be taken by the retailer?

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ASend a cheque for $500 to the wholesaler.

BSend a new order to the wholesaler.

CWait to receive a credit note from the wholesaler.

DWait to receive an invoice from the wholesaler.

✓ Correct answer

C: Wait to receive a credit note from the wholesaler.

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Topic: Wholesale trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2020 Paper 1 Variant 1, question 10.

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