BECE/JSCE (BUSINESS STUDIES)

BECE BUSINESS STUDIES APP

Questions will be picked at random from the question bank.

You can use the NEXT button to move to the next question, use the PREV button to move to the previous question, the CLEAR button to clear any answer of your choice and you have the FINISH button to end the exam if you choose to.

Any question not answered before the end of the exam time, will be marked as wrong and the exam will end by itself. so try to attempt all questions on time.

Goodluck!

1 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An invoice contains the following information EXCEPT

supplier’s invoice number

account number

date which the transaction is recorded

name of the customer

2 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following represents full stop in shorthand?

3 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

_________ allows buyers and seller to trade without having physical contacts

communication

transportation

advertising

e-commerce

4 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The redress of a customer can be any of the following EXCEPT __________

personal redress

administrative redress

criminal redress

civil redress

5 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The payment to a staff after all deductions is called

basic pay

net pay

allowance

gross pay

6 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A cheque book is associated with _________

saving account

current account

fixed deposit

foreign bank

7 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The provision which a wise man makes against future occurrence of losses is called ________

banking

insurance

protection

saving

8 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a type of insurance policy?

five

life

subrogation

marine

9 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Who keeps the petty cash book?

petty cashier

petty recorder

accountant

secretary

10 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The act of passing information from one person to another is known as ___________

advertising

production

communication

ware housing

11 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a procedure for drawing up a single business plan?

market research

production

finances

entrepreneur

12 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a modern form of transportation system?

human porterage

coasters

ferries

aeroplane

13 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are types of bank account EXCEPT __________

static account

saving account

current account

fixed deposit account

14 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The person who co-ordinated other factors of production is called ______

entrepreneur

supervisor

manager

director

15 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The insurance policy on goods transported on water is known as __________

third party

compensation

burglary

marine

16 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Account used to record minor expenses is

trading profit and loss account

petty cash book

journal

ledger

17 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The principal book of account is called ________

cheque

cash book

ledger

journal

18 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Trade between two countries is known as __________

boundary trade

foreign trade

home trade

local trade

19 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Credit notes are usually printed in _________

red

green

yellow

blue

20 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The amount paid periodically by policy holder to an insurance company is termed ___________

proposal

application

agreement

premium

21 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Production ends when the product gets to the _____

consumer

manager

wholesaler

manufacturer

22 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The officer in charge of the petty cash book is called

petty cashier

accountant

cashier

manager

23 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following industries takes raw materials from the earth?

manufacturer

extractive

distribution

construction

24 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An insurance policy that covers accidents at sea is known as _________

fire insurance

burglary insurance

marine insurance

life assurance

25 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A document which shows the full details of workers’ pay is called _________

pay slip

store records

pay roll

stock records

26 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The act of posing information from one person to another is known as __________

communication

transportation

warehousing

advertising

27 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these except one are advantages of one man business

legal entity

quick decision

easy to start

little capital

28 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The trading account is prepared to determine __________

net profit/loss

overall purchases

net sales

gross profit/loss

29 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is a fixed asset?

building

stock

cash at bank

debtors

30 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a source document?

receipt

delivery note

debit note

credit not

31 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is book of original entry

trading account

source document

profit and loss

journal

32 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The correct sitting position when typing is to sit ____________

upright with your feet flat on the floor.

and keep your eyes on the machine

and relax yourself while typing

and type correctly

33 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

How many consonant strokes do we have in Pitman shorthand?

34 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A person who types in an office is called

typer

stenographer

clerk

typist

35 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

People care for typewriter in order to _________

type more papers

look beautiful when producing only a copy

maintain it to the last

make it look shinning

36 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for cylinder is ___________

shift key

shift lock

margine set

platen

37 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Oral communication can be made through ________

business reply system

telex

telephone

38 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What is the document issued by the supplier to indicate settlement of debt?

invoice

statement

bill of exchange

receipt

39 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A business man minimum member of two and maximum of twenty is known as ___________

partnership

limited liability company

sole proprietorship

joint stock business

40 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

To protect the platen when typing always, use a _________

tracing paper

backing sheet

carbon paper

plain sheet

41 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Office with demarcation is known as _________

close office

open office

co-ordinated

enlarged office

42 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Any activities in which people engage themselves in order to earn a living is termed ___________

occupation

interest

communication

promotion

43 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The type of cash book which have both bank and cash columns without discount is called

petty cash book

two column cash book

columnar cash book

one column cash book

44 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What the business owes the others is called _________

loan

liability

assets

goodwill

45 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are the qualities of a clerical staff EXCEPT ___________

courtesy

diligence

arrogance

carefulness

46 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Carbon papers are used for

making the document black

producing copies with typing document

producing only a copy

give colour to the typing document

47 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these are methods of payment EXCEPT ______________

teller

cheque

cash

transfer

48 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT a function of an office?

collecting and receiving information

processing information

analyzing information

providing telephone services

49 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for aids to trade is _________

indirect services

ancillary services

direct services

tourism

50 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The system of filing whereby the first figures are used is _________

arithmetical

numerical

alphabetical

chronological

51 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What is the use of a duplicating machine?

used for posting letters

used for recording

used for typing

used in reproducing more of a typed document in thousands

52 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A place where money and other valuable things are kept is called

bank

ware house

comet

store

53 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT true of a sole proprietorship?

easy to form

the owner can take decision alone

the business continuity if the owner dies

the owner takes the profit alone

54 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The factor of production are ______

land and labour

capital and entrepreneur

land, labour, capital and entrepreneur

capital and labour

55 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The term profit means _________

cost price plus selling price

selling price minus cost price

cost price minus selling price

selling price plus turnover

56 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Things bought to be sold are called _________

materials

goods

purchases

sales

57 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not office equipment?

stapler

television

table and chairs

typewriter

58 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Taxes collected by government on locally made products are known as ___________

excise duty

personal income tax

import duties

value added tax

59 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of intangible assets is _______

stock

good will

motor vehicle

building

60 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The two major division of trade are _________

wholesale and retail

home and foreign

import and export

commerce and industry

61 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a typewriter’s part?

platen knot

camage

paper knot

shift key

62 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which one of these is not a means of payment through the post office?

stamps

cheque

telegraphic money order

money order

63 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

If the expenses of selling and running a business exceed the gross profit, it will result in __________

selling profit

net profit

purchasing profit

net loss

64 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An office machine used to store data and to bring out information is called __________

computer

perforator

printer

typewriter

65 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of current assets is _____________

gross profit

capital

stock

creditors

66 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An amount paid for insuring property is known as _______

premium

burglary

surrender

compensation

67 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Building, motor vehicle, plants are examples of __________

long term liabilities

current assets

liabilities

fixed assets

68 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a current asset?

stock

prepayment

debtor

creditor

69 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is the difference between current assets and current liabilities

fixed capital

revolving capital

working capital

circulating capital

70 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another bane for producer is ___________

manufacturer

ownership

models

actors

71 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A credit entry in the same account is called ________

single entry

triple entry

double entry

contra entry

72 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

One of the following is NOT a duty of a receptionist?

receiving visitors

handling of message pad

attending to friends

handling of telephone

73 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A computer is said to be reliable because it __________

strong

fast

accurate

unique

74 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are examples of retailers except

consumer

hawker

shop owners

kiosk owners

75 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Moving goods from Nigeria to China is called ________

production

gift trade

import trade

export trade

76 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Banking insurance, advertising, communication are known as _______

aids to trade

profit activities

sales activities

production activities

77 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are parts of typewriter EXCEPT __________

shift key

space bar

carriage

insurance

78 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The movement of people and goods from one place to another is called __________

communication

banking

advertising

transportation

79 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The reward for capital is _________

rent

salaries

profit

interest

80 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

When typing, the sound of warning bell indicates _________

give a space

watch out for the end of the paper

be ready for a new line

begin new word

Your score is

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