Cambridge Past Paper Questions

The diagram shows a partly completed bank statement. [Figure 34.1] Bank Statement Credit $ Debit $ Balance $ May 1 Balance b/f 200 May 6 Cheque 45...

The balance sheet of a retailer shows the following. [Figure 38.1] assets $ liabilities $ premises 200 000 capital 310 000 fixtures/fittings 50 00...

You work in the Head Office of a large company mining iron ore. The company has operations in several countries.

Fig. 1 shows an advertisement for electrical goods. KUMAR WHOLESALERS The Largest Cash and Carry Warehouse in the Area End of Season Sale Many cook...

A retailer advertises a television for sale. The price of the television is $2000. The retailer offers two payment plans: Plan A A price reduction ...

Division of labour and specialisation take place in the manufacture of clothing.

The pie chart in Fig. 2 shows the number of service stations Galaxy Petroleum owns and the number of service stations that it operates as franchise...

Realbuy, a chain of supermarkets, is looking for a site for a new supermarket.

Macedon Insurance Ltd is a public limited company that specialises in insurance for home owners. The extract below gives details of its house and c...

Mustapha Ltd manufactures shoes.

What is the part of production concerned with trade and aids to trade known as?

The pictures show two occupations. [Figure showing a doctor and a dentist]. Which kinds of occupation are shown?

What is the advantage of specialisation in a factory?

Which of the following is an aid to trade?

After introducing self-service, a retailer is likely to increase his turnover as a result of

What is an advantage of mail order shopping?

What is a disadvantage to the retailer of granting consumer credit?

Sonia Shar has entered into a hire purchase agreement to buy a television from a retail store over a 2-year period. When will she become the legal ...

Consumers may be protected by

Four customers have bought perfume from a department store. In which of these situations would the customer not be protected by consumer protection...

The diagram shows a commercial activity. [Figure showing factory -> transport -> warehouse -> shops -> consumers]. Which commercial activity is sho...

The table shows the cost to the retailer of purchasing canned food from three different sources. cost of purchasing canned food: cash and carry who...

What is the name of an agent who buys and sells goods on a commission basis for another person?

What does a statement of account sent by a wholesaler to a retailer show?

A trader buys goods worth $4000 on credit and receives 20% trade discount and 10% cash discount. How much is the trade discount?

Which problem is not specifically related to international trade?

The graph shows country Y's imports and exports. Goods: imports $20m, exports $45m. Services: imports $55m, exports $40m. What is country Y's Balan...

What can a government do to protect home industries from foreign competition?

The diagram shows an advertising slogan: 'Sunfruit - the sugary sweet with the best and smoothest taste'. What type of advertising is shown?

Which factor would most influence the choice of an advertising medium?

Salamar Products Ltd has decided to use the Internet to sell its new aftershave for men. Which reason influenced the company to make this decision?

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

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

The diagram shows the total volume of freight moved within a country by various forms of transport. The pie chart segments are: heavy lorries 40%, ...

Which are the two most suitable forms of transport for carrying flowers from a farm in Kenya to a shop in Paris?

The diagram shows a system for transporting goods. [Diagram showing intermodal transport of containers via lorry, ship, and train]. Which transport...

What happens for each extra day that goods are kept in a warehouse?

What is the main advantage of buying goods from a cash and carry warehouse?

Mr Gabriel owns a clothing company. Why should he insure his factory?

What does the insurance principle of indemnity mean?

What is an insurance proposal?

The bank credit transfer system allows firms to

A bank will provide finance to an exporter of goods to cover the time between despatch of the goods and receipt of payment from the overseas custom...

Why has the use of debit cards as means of payment increased in many countries?

Which person is most likely to be employed in the public sector of a country?

Which statement explains why franchising is a popular way of starting a business?

A multinational is a company that

Mr Khan wishes to purchase a new car. Which source of finance should he use?

A clothing retailer says that her rate of turnover is five. What does this mean?

JA's Deli has the following trading figures for the past year. Sales revenue $175 000, cost of sales $140 000, rent $12 800, power $700, wages $4 5...