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