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