[ays_quiz id='86']
JS 3 BUSINESS STUDIES PAST QUESTIONS (BECE) 0% 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 A business man minimum member of two and maximum of twenty is known as ___________ sole proprietorship limited liability company partnership joint stock business 2 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The act of passing information from one person to another is known as ___________ advertising ware housing communication production 3 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION A computer is said to be reliable because it __________ unique fast strong accurate 4 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION A credit entry in the same account is called ________ single entry triple entry contra entry double entry 5 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following is not office equipment? typewriter television stapler table and chairs 6 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION A document which shows the full details of workers’ pay is called _________ stock records pay slip pay roll store records 7 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The factor of production are ______ land, labour, capital and entrepreneur capital and labour land and labour capital and entrepreneur 8 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION __________ is book of original entry journal source document trading account profit and loss 9 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The following are the qualities of a clerical staff EXCEPT ___________ courtesy diligence carefulness arrogance 10 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The payment to a staff after all deductions is called net pay basic pay allowance gross pay 11 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of these is NOT true of a sole proprietorship? the owner takes the profit alone the business continuity if the owner dies easy to form the owner can take decision alone 12 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The type of cash book which have both bank and cash columns without discount is called two column cash book one column cash book columnar cash book petty cash book 13 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION An invoice contains the following information EXCEPT account number date which the transaction is recorded supplier’s invoice number name of the customer 14 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION If the expenses of selling and running a business exceed the gross profit, it will result in __________ net profit selling profit net loss purchasing profit 15 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION People care for typewriter in order to _________ type more papers look beautiful when producing only a copy make it look shinning maintain it to the last 16 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following is NOT a source document? receipt delivery note credit not debit note 17 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION __________ is the difference between current assets and current liabilities revolving capital working capital circulating capital fixed capital 18 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Moving goods from Nigeria to China is called ________ import trade gift trade export trade production 19 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of these is NOT a function of an office? providing telephone services collecting and receiving information analyzing information processing information 20 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The system of filing whereby the first figures are used is _________ chronological numerical alphabetical arithmetical 21 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The amount paid periodically by policy holder to an insurance company is termed ___________ proposal agreement premium application 22 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The officer in charge of the petty cash book is called manager accountant petty cashier cashier 23 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The act of posing information from one person to another is known as __________ transportation advertising warehousing communication 24 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Credit notes are usually printed in _________ yellow blue green red 25 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Oral communication can be made through ________ business reply system telephone telegram telex 26 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The provision which a wise man makes against future occurrence of losses is called ________ insurance protection saving banking 27 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The person who co-ordinated other factors of production is called ______ director supervisor entrepreneur manager 28 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION When typing, the sound of warning bell indicates _________ be ready for a new line begin new word give a space watch out for the end of the paper 29 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Who keeps the petty cash book? secretary petty recorder accountant petty cashier 30 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The trading account is prepared to determine __________ net profit/loss overall purchases gross profit/loss net sales 31 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION To protect the platen when typing always, use a _________ plain sheet backing sheet carbon paper tracing paper 32 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION What is the document issued by the supplier to indicate settlement of debt? statement receipt bill of exchange invoice 33 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION An example of current assets is _____________ gross profit stock creditors capital 34 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Things bought to be sold are called _________ goods materials purchases sales 35 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION All are types of bank account EXCEPT __________ current account static account saving account fixed deposit account 36 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION An office machine used to store data and to bring out information is called __________ typewriter printer computer perforator 37 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Carbon papers are used for producing copies with typing document producing only a copy making the document black give colour to the typing document 38 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Any activities in which people engage themselves in order to earn a living is termed ___________ promotion interest occupation communication 39 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION All are examples of retailers except consumer kiosk owners shop owners hawker 40 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The insurance policy on goods transported on water is known as __________ marine compensation burglary third party 41 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The two major division of trade are _________ commerce and industry wholesale and retail import and export home and foreign 42 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION An example of intangible assets is _______ stock building good will motor vehicle 43 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION How many consonant strokes do we have in Pitman shorthand? 20 8 12 24 44 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The term profit means _________ selling price minus cost price cost price plus selling price cost price minus selling price selling price plus turnover 45 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Another name for aids to trade is _________ direct services indirect services tourism ancillary services 46 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following is NOT a procedure for drawing up a single business plan? production market research entrepreneur finances 47 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Production ends when the product gets to the _____ manufacturer manager wholesaler consumer 48 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION A place where money and other valuable things are kept is called store bank comet ware house 49 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which one of these is not a means of payment through the post office? money order telegraphic money order stamps cheque 50 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Another name for cylinder is ___________ shift key platen shift lock margine set 51 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION All these are methods of payment EXCEPT ______________ cash transfer teller cheque 52 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Another bane for producer is ___________ manufacturer ownership models actors 53 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The redress of a customer can be any of the following EXCEPT __________ administrative redress civil redress criminal redress personal redress 54 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following industries takes raw materials from the earth? manufacturer construction extractive distribution 55 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following is not a modern form of transportation system? aeroplane coasters ferries human porterage 56 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following is not a current asset? stock prepayment creditor debtor 57 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Office with demarcation is known as _________ open office co-ordinated close office enlarged office 58 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following is not a typewriter’s part? platen knot camage paper knot shift key 59 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following is NOT a type of insurance policy? life subrogation marine five 60 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The principal book of account is called ________ cash book ledger journal cheque 61 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The movement of people and goods from one place to another is called __________ communication banking advertising transportation 62 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION A cheque book is associated with _________ saving account current account fixed deposit foreign bank 63 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION What the business owes the others is called _________ liability assets goodwill loan 64 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION What is the use of a duplicating machine? used in reproducing more of a typed document in thousands used for posting letters used for recording used for typing 65 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Account used to record minor expenses is petty cash book journal trading profit and loss account ledger 66 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Building, motor vehicle, plants are examples of __________ current assets liabilities long term liabilities fixed assets 67 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION One of the following is NOT a duty of a receptionist? receiving visitors handling of telephone attending to friends handling of message pad 68 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Taxes collected by government on locally made products are known as ___________ excise duty personal income tax value added tax import duties 69 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Trade between two countries is known as __________ local trade boundary trade foreign trade home trade 70 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION _________ allows buyers and seller to trade without having physical contacts e-commerce transportation communication advertising 71 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION All these except one are advantages of one man business easy to start quick decision legal entity little capital 72 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION An insurance policy that covers accidents at sea is known as _________ marine insurance fire insurance burglary insurance life assurance 73 / 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 relax yourself while typing and keep your eyes on the machine and type correctly 74 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The following are parts of typewriter EXCEPT __________ shift key carriage insurance space bar 75 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of the following represents full stop in shorthand? > ? = X 76 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Banking insurance, advertising, communication are known as _______ profit activities sales activities aids to trade production activities 77 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION A person who types in an office is called stenographer typist typer clerk 78 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION The reward for capital is _________ salaries profit rent interest 79 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION Which of these is a fixed asset? debtors cash at bank building stock 80 / 80 Category: BECE BUSINESS STUDIES PAST QUESTION An amount paid for insuring property is known as _______ premium surrender compensation burglary Your score is 0% Restart quiz Practice also: JS 3 AGRICULTURAL SCIENCE PAST QUESTIONS (BECE) JS 3 SOCIAL STUDIES PAST QUESTIONS (BECE) JS 3 PHYSICAL AND HEALTH EDUCATION (BECE) JS 3 MATHEMATICS PAST QUESTIONS (BECE) JS 3 HOME ECONOMICS PAST QUESTIONS (BECE)
