BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS

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

Which of these is a fixed asset?

stock

building

cash at bank

debtors

2 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

advertising

communication

banking

transportation

3 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following represents full stop in shorthand?

?

X

=

>

4 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a type of insurance policy?

marine

life

subrogation

five

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

The term profit means _________

selling price minus cost price

selling price plus turnover

cost price plus selling price

cost price minus selling price

7 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

How many consonant strokes do we have in Pitman shorthand?

24

12

8

20

8 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The principal book of account is called ________

ledger

cheque

cash book

journal

9 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Banking insurance, advertising, communication are known as _______

production activities

profit activities

sales activities

aids to trade

10 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

agreement

premium

proposal

application

11 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are types of bank account EXCEPT __________

saving account

static account

fixed deposit account

current account

12 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

fire insurance

marine insurance

burglary insurance

life assurance

13 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

occupation

communication

interest

promotion

14 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

perforator

computer

printer

typewriter

15 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Office with demarcation is known as _________

close office

co-ordinated

open office

enlarged office

16 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An amount paid for insuring property is known as _______

premium

compensation

surrender

burglary

17 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are the qualities of a clerical staff EXCEPT ___________

courtesy

carefulness

arrogance

diligence

18 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

bank

comet

ware house

store

19 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of intangible assets is _______

motor vehicle

building

stock

good will

20 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another bane for producer is ___________

actors

manufacturer

models

ownership

21 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is book of original entry

source document

profit and loss

trading account

journal

22 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are examples of retailers except

shop owners

hawker

kiosk owners

consumer

23 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a current asset?

prepayment

debtor

creditor

stock

24 / 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

25 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A person who types in an office is called

stenographer

clerk

typist

typer

26 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

handling of message pad

handling of telephone

attending to friends

receiving visitors

27 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The insurance policy on goods transported on water is known as __________

compensation

third party

marine

burglary

28 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Oral communication can be made through ________

telephone

telegram

telex

business reply system

29 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a modern form of transportation system?

coasters

aeroplane

ferries

human porterage

30 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT a function of an office?

providing telephone services

processing information

analyzing information

collecting and receiving information

31 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A computer is said to be reliable because it __________

fast

strong

unique

accurate

32 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a source document?

receipt

credit not

debit note

delivery note

33 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Moving goods from Nigeria to China is called ________

import trade

gift trade

export trade

production

34 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The officer in charge of the petty cash book is called

manager

accountant

cashier

petty cashier

35 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

personal redress

administrative redress

criminal redress

civil redress

36 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

pay roll

store records

stock records

pay slip

37 / 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

38 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A cheque book is associated with _________

foreign bank

saving account

fixed deposit

current account

39 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

To protect the platen when typing always, use a _________

carbon paper

backing sheet

tracing paper

plain sheet

40 / 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 typing

used for recording

used for posting letters

41 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

communication

production

advertising

ware housing

42 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The trading account is prepared to determine __________

gross profit/loss

net sales

net profit/loss

overall purchases

43 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is the difference between current assets and current liabilities

revolving capital

fixed capital

working capital

circulating capital

44 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The factor of production are ______

land and labour

capital and labour

land, labour, capital and entrepreneur

capital and entrepreneur

45 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The person who co-ordinated other factors of production is called ______

supervisor

manager

director

entrepreneur

46 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The reward for capital is _________

interest

rent

salaries

profit

47 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

platen knot

paper knot

shift key

camage

48 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of current assets is _____________

capital

gross profit

creditors

stock

49 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Account used to record minor expenses is

trading profit and loss account

ledger

journal

petty cash book

50 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not office equipment?

typewriter

television

table and chairs

stapler

51 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Carbon papers are used for

producing only a copy

making the document black

producing copies with typing document

give colour to the typing document

52 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT true of a sole proprietorship?

easy to form

the owner can take decision alone

the business continuity if the owner dies

the owner takes the profit alone

53 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Who keeps the petty cash book?

accountant

secretary

petty recorder

petty cashier

54 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

People care for typewriter in order to _________

maintain it to the last

make it look shinning

look beautiful when producing only a copy

type more papers

55 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for cylinder is ___________

shift lock

margine set

platen

shift key

56 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which one of these is not a means of payment through the post office?

stamps

money order

cheque

telegraphic money order

57 / 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

columnar cash book

two column cash book

58 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Credit notes are usually printed in _________

red

yellow

green

blue

59 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for aids to trade is _________

tourism

direct services

indirect services

ancillary services

60 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

entrepreneur

market research

production

finances

61 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

_________ allows buyers and seller to trade without having physical contacts

e-commerce

communication

advertising

transportation

62 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Trade between two countries is known as __________

foreign trade

home trade

boundary trade

local trade

63 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The payment to a staff after all deductions is called

gross pay

basic pay

net pay

allowance

64 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

arithmetical

numerical

chronological

alphabetical

65 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

bill of exchange

invoice

receipt

statement

66 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are parts of typewriter EXCEPT __________

space bar

carriage

insurance

shift key

67 / 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

joint stock business

partnership

68 / 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

give a space

begin new word

69 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

import duties

excise duty

value added tax

personal income tax

70 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A credit entry in the same account is called ________

contra entry

triple entry

single entry

double entry

71 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Production ends when the product gets to the _____

consumer

manufacturer

wholesaler

manager

72 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What the business owes the others is called _________

loan

liability

assets

goodwill

73 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Things bought to be sold are called _________

goods

materials

sales

purchases

74 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these are methods of payment EXCEPT ______________

teller

cash

transfer

cheque

75 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

extractive

distribution

construction

manufacturer

76 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An invoice contains the following information EXCEPT

name of the customer

supplier’s invoice number

account number

date which the transaction is recorded

77 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The act of posing information from one person to another is known as __________

communication

warehousing

advertising

transportation

78 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Building, motor vehicle, plants are examples of __________

long term liabilities

fixed assets

liabilities

current assets

79 / 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

80 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The two major division of trade are _________

home and foreign

commerce and industry

wholesale and retail

import and export

Your score is
0%

You can also practice:

cultural and creative art past questions

business studies past questions

civic education past questions

6 thoughts on “BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS”

Otaru Idawu
October 21, 2023 at 2:05 pm

The questions are so quantitative, it has pushed me so much I want more of it.

Otaru Idawu
October 21, 2023 at 2:02 pm

I love it, the questions are so tactical. Just what I needed.

1. Samuel Emeka Okeke
  October 22, 2023 at 11:20 am
  
  Hi, Thank you Otaru
  
Mohamed Bendu
April 6, 2023 at 3:36 pm

Good job

1. Samuel Okeke
  April 7, 2023 at 4:54 pm
  
  Thank you Mohamed Bendu
  
Agness
March 20, 2023 at 8:18 pm

Plz help me I need to study now