Cambridge Past Paper Questions

WW is a traditional wholesaler. It uses trade documents when selling goods to retailers.

Dani opened a music shop as a sole trader. Her speciality shop sells guitars and drums. Fig. 3.1 shows an extract of financial information for the ...

Fig. 4.1 shows a map of two countries, country X and country Y, and their two ports. Ferries operate between the two ports. [Figure 4.1] Use Fig. 4...

Fig. 5.1 shows insurance statistics on the number of accidents per million drivers in relation to age of drivers. These statistics are used by insu...

A business is introducing greater specialisation in the production of chocolate. How would its workers benefit from greater specialisation in the p...

What does commerce involve?

The diagram shows the chain of distribution for a processed food product. farmer → manufacturer → wholesaler → X → consumer What is X?

Which type of retailer would sell only bridalwear?

What is the correct term for buying and selling using the internet?

Mrs Bambaelle wants to buy a motorcycle priced at $2400. If she pays cash, a discount of 30% will be given. If she buys on hire purchase, a deposit...

Which type of credit would a convenience store give to a customer?

Which service is provided by wholesalers to retailers?

Which statement describes the use of a broker by a manufacturer?

What do the letters E & OE on an invoice mean?

An invoice totalling $750 is subject to 2.5% cash discount. How much will the buyer pay?

Which statement describes what happens in an entrepôt port?

The diagram shows a country's international trade figures for 2023. visible exports 5300 visible imports 6200 invisible exports 5500 invisible impo...

Why do customs authorities collect duties on imported goods?

XYZ Ltd, ABC Ltd and EFG Ltd are three companies that manufacture smoke alarms for domestic and industrial use. What kind of advertising could be m...

What is a disadvantage of radio advertising?

The diagram shows various methods of sales promotion. [Figure 18.1] For which type of retailer would all of these sales promotion methods be approp...

What is not an effect of the increase in global communication?

A Chinese tractor manufacturer wants to increase its sales in African countries. What could lead to problems with communication for the tractor man...

What is an example of a use of a smartphone?

What is a true statement about pipelines?

Which type of transport would issue a bill of lading?

What is an orbital road circling a city called?

Which product is most likely to be stored in a warehouse in order to stabilise its price and ensure its supply?

Which type of warehouse stores illegally imported goods that have been confiscated?

Mari is a professional footballer who plays for Anywhere Athletic Football Club. Which risk could be insured by both the club and Mari?

Which term is not an insurance principle?

A business wants to insure stock valued at $60000. The premium quoted by an insurance company is $1 per $200 value. What is the premium paid by the...

What is an advantage to a customer of having an online bank account?

Imran wants to purchase a satellite navigation system from an electrical multiple chain store but does not have the money available. What would be ...

Which means of payment is in decline as cashless transactions become more popular?

Which factor will influence a pet shop's location?

The diagram shows how a business organisation is controlled. [Figure 34.1] Which type of business organisation is shown in the diagram?

What is the most likely reason for a person to establish a retail business?

The table shows some financial information for a business. creditors 40000 overdraft 8000 stock 35000 cash 7000 debtors 16000 What is the working c...

How can the rate of inventory turnover be improved?

The acronym PEST is helpful to analyse the external environment. What do the letters in PEST stand for?

The diagram shows a QR code. [Figure 39.1] What does QR stand for?

What is an example of a source of renewable energy?

Fig. 1.1 shows the percentage share of the global freight transport market carried by different methods of transport. [Figure 1.1] Use Fig. 1.1 to ...

DS is a department store. It offers a variety of credit facilities to its customers, including store cards and hire purchase.

FF Ltd is a food processing company in India. It has received a $30 million export order for canned meat from a new customer in the United States.

Jinani owns a roadside stall selling fruit and vegetables. She obtains her fruit from a wholesaler and grows her own vegetables to sell. She only a...

Fig. 5.1 shows a poster advertising a theme park's rides. [Figure 5.1] Use Fig. 5.1 to help you answer the following questions.

What is the main purpose of production?

The diagram shows a wooden chair that sells for $20. [Figure 2.1] How much value was added to the raw materials to produce the wooden chair?