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