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O-LevelCommerceBankingMay/June 2018Paper 1 Q311 Mark

What effect will the move towards a cashless society have on the buying of products?

AMore people will use their smartphones for all kinds of transactions.
BRisks of identity theft from businesses will be reduced.
CThere will be an increase in the use of cheques to pay for products.
DThere will be no notes and coins used when buying products.

✓ Correct Answer

The correct answer is A: More people will use their smartphones for all kinds of transactions.

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This O-Level Commerce Question

Topic

This multiple-choice question tests Banking in O-Level Commerce (syllabus code 7100). It is worth 1 mark.

Source

This question appeared in the Cambridge O-Level Commerce May/June 2018 examination, Paper 1 Variant 2.

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