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O-LevelCommerceBankingMay/June 2016Paper 1 Q341 Mark

Which method of payment would a company use to pay dividends directly into the bank accounts of its 2000 shareholders?

Abank draft
Bbanker's order
Ccredit transfer
Ddirect debit

✓ Correct Answer

The correct answer is C. This question tests the candidate's understanding of banking 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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About This O-Level Commerce Question

This multiple-choice question appeared in the Cambridge O-Level Commerce (7100) May/June 2016 examination, Paper 1 Variant 2. It tests the topic of Banking and is worth 1 mark.

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