◈ Oracle Prep Sign Up Free

O-LevelCommerceBanking7100/11 · Oct/Nov 2014 · Q311 Mark

How does a bank night safe assist a local retailer?

Aallowing cash to be drawn after banking hours

Bpaying interest on savings deposited

Csafeguarding takings when the bank is closed

Dstoring important documents

✓ Correct answer

C: safeguarding takings when the bank is closed

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Banking and see which topics are most likely to come up next.

Sign up free →

About this question

Topic: Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2014 Paper 1 Variant 1, question 31.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Commerce questions

BankingMay/June 20101m

Telephone banking is used by customers who do not wish to visit their bank in person. Which service can customers re…

BankingMay/June 20111m

The bank credit transfer system allows firms to

BankingMay/June 20111m

A bank will provide finance to an exporter of goods to cover the time between despatch of the goods and receipt of pa…

Retail tradeMay/June 20111m

Salamar Products Ltd has decided to use the Internet to sell its new aftershave for men. Which reason influenced the …

Global tradeMay/June 20111m

What would companies trading in the global economy find most useful to know about?

CommunicationsMay/June 20111m

Two groups of people are linked by telephone for a meeting. What is this method of communication called?

← Browse all past-paper questions