O-LevelCommerceBankingOct/Nov 2014Paper 1 Q331 Mark
Why might a bank manager wish to see a company's accounts before deciding whether or not to grant a loan?
Ato check the amount of security against the loan that the company can offer
Bto find out if the accounts are accurate
Cto make sure that the company has paid tax
Dto see the number of shareholders the company has
✓ Correct Answer
The correct answer is A. 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep