BUSINESS STUDIES PAST QUESTIONS

Which of the following represents full stop in shorthand?

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

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

Moving goods from Nigeria to China is called ________

An example of intangible assets is _______

Production ends when the product gets to the _____

The principal book of account is called ________

Another name for cylinder is ___________

All these are methods of payment EXCEPT ______________

Credit notes are usually printed in _________

A credit  entry in the same account is called ________

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

All are types of bank account EXCEPT __________

Trade between two countries is known as __________

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

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

A computer is said to be reliable because it __________

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

The reward for capital is _________

Banking insurance, advertising, communication are known as _______

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

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

A person who types in an office is called

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

The trading account is prepared to determine __________

__________ is the difference between current assets and current liabilities

Carbon papers are used for

To protect the platen when typing always, use a _________

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

Office with demarcation is known as _________

How many consonant strokes do we have in Pitman shorthand?

When typing, the sound of warning bell indicates _________

What the business owes the others is called _________

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

The term profit means _________

All these except one are advantages of one man business

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

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

Which of these is a fixed asset?

Which of the following is NOT a source document?

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

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

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

All are examples of retailers except

Another name for aids to trade is _________

Which of these is NOT true of a sole proprietorship?

The payment to a staff after all deductions is called

The following are parts of typewriter EXCEPT __________

The two major division of trade are _________

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

An example of current assets is _____________

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

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

Who keeps the petty cash book?

The correct sitting position when typing is to sit ____________

Things bought to be sold are called _________

Which of the following is not a current asset?

Building, motor vehicle, plants are examples of __________

An amount paid for insuring property is known as _______

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