O-LevelCommerceFinanceOct/Nov 2024Paper 1 Q371 Mark
The table shows trading figures for a business. $| sales | 300 000 opening stock | 160 000 purchases less returns | 175 000 closing stock | 75 000 What is the cost of goods sold for this business?
A$225 000
B$235 000
C$260 000
D$335 000
✓ 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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