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O-LevelCommerceCredit7100/12 · May/June 2017 · Q81 Mark

What is an advantage to a department store of offering a store card?

AIt increases the amount of cash kept on the premises.
BIt increases the amount of records to be kept.
CIt increases the number of bad debts.
DIt increases the turnover of the business.

✓ Correct answer

D: It increases the turnover of the business.

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About this question

Topic
Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, May/June 2017 Paper 1 Variant 2, question 8.

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