BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS

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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 ________

telegram

telephone

business reply system

telex

2 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following represents full stop in shorthand?

=

?

X

>

3 / 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 recording

used for posting letters

used for typing

4 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An amount paid for insuring property is known as _______

premium

compensation

surrender

burglary

5 / 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

columnar cash book

two column cash book

one column cash book

6 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The officer in charge of the petty cash book is called

cashier

accountant

petty cashier

manager

7 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

aeroplane

coasters

human porterage

ferries

8 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Office with demarcation is known as _________

open office

enlarged office

close office

co-ordinated

9 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for aids to trade is _________

indirect services

ancillary services

direct services

tourism

10 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The term profit means _________

cost price minus selling price

selling price plus turnover

selling price minus cost price

cost price plus selling price

11 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

administrative redress

criminal redress

personal redress

civil redress

12 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

excise duty

value added tax

personal income tax

import duties

13 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

marine

third party

compensation

burglary

14 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Trade between two countries is known as __________

local trade

home trade

foreign trade

boundary trade

15 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are the qualities of a clerical staff EXCEPT ___________

diligence

courtesy

arrogance

carefulness

16 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Things bought to be sold are called _________

purchases

goods

sales

materials

17 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The factor of production are ______

capital and labour

capital and entrepreneur

land and labour

land, labour, capital and entrepreneur

18 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Production ends when the product gets to the _____

wholesaler

consumer

manager

manufacturer

19 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

camage

paper knot

platen knot

shift key

20 / 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

21 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are types of bank account EXCEPT __________

static account

fixed deposit account

current account

saving account

22 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT true of a sole proprietorship?

the owner can take decision alone

the business continuity if the owner dies

the owner takes the profit alone

easy to form

23 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

How many consonant strokes do we have in Pitman shorthand?

24

8

12

20

24 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A cheque book is associated with _________

fixed deposit

foreign bank

current account

saving account

25 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

communication

advertising

warehousing

transportation

26 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not office equipment?

table and chairs

typewriter

television

stapler

27 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

transportation

banking

advertising

communication

28 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

_________ allows buyers and seller to trade without having physical contacts

advertising

communication

e-commerce

transportation

29 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The reward for capital is _________

rent

interest

profit

salaries

30 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is book of original entry

source document

trading account

journal

profit and loss

31 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

finances

market research

production

entrepreneur

32 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a current asset?

creditor

debtor

prepayment

stock

33 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Building, motor vehicle, plants are examples of __________

liabilities

current assets

long term liabilities

fixed assets

34 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What the business owes the others is called _________

assets

goodwill

loan

liability

35 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The payment to a staff after all deductions is called

net pay

basic pay

gross pay

allowance

36 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another bane for producer is ___________

ownership

manufacturer

models

actors

37 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An invoice contains the following information EXCEPT

account number

date which the transaction is recorded

name of the customer

supplier’s invoice number

38 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

production

advertising

ware housing

communication

39 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

banking

protection

insurance

saving

40 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of intangible assets is _______

building

stock

good will

motor vehicle

41 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these are methods of payment EXCEPT ______________

transfer

cash

cheque

teller

42 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The trading account is prepared to determine __________

overall purchases

net profit/loss

net sales

gross profit/loss

43 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

receipt

bill of exchange

invoice

statement

44 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

arithmetical

numerical

chronological

alphabetical

45 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a source document?

debit note

credit not

receipt

delivery note

46 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

supervisor

entrepreneur

manager

director

47 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is a fixed asset?

building

debtors

stock

cash at bank

48 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

To protect the platen when typing always, use a _________

backing sheet

plain sheet

carbon paper

tracing paper

49 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Credit notes are usually printed in _________

green

blue

red

yellow

50 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these except one are advantages of one man business

little capital

easy to start

quick decision

legal entity

51 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

perforator

computer

typewriter

printer

52 / 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

53 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A person who types in an office is called

clerk

stenographer

typist

typer

54 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A credit entry in the same account is called ________

double entry

contra entry

single entry

triple entry

55 / 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

56 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are examples of retailers except

hawker

shop owners

consumer

kiosk owners

57 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

net loss

purchasing profit

selling profit

net profit

58 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The principal book of account is called ________

ledger

cheque

cash book

journal

59 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

application

premium

agreement

proposal

60 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is the difference between current assets and current liabilities

revolving capital

fixed capital

working capital

circulating capital

61 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

marine insurance

burglary insurance

life assurance

fire insurance

62 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Moving goods from Nigeria to China is called ________

export trade

gift trade

production

import trade

63 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The two major division of trade are _________

commerce and industry

import and export

wholesale and retail

home and foreign

64 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are parts of typewriter EXCEPT __________

carriage

insurance

space bar

shift key

65 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Banking insurance, advertising, communication are known as _______

aids to trade

sales activities

production activities

profit activities

66 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The correct sitting position when typing is to sit ____________

and relax yourself while typing

upright with your feet flat on the floor.

and type correctly

and keep your eyes on the machine

67 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A computer is said to be reliable because it __________

accurate

fast

unique

strong

68 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Who keeps the petty cash book?

secretary

petty recorder

accountant

petty cashier

69 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

receiving visitors

handling of message pad

handling of telephone

attending to friends

70 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT a function of an office?

providing telephone services

analyzing information

processing information

collecting and receiving information

71 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for cylinder is ___________

margine set

shift lock

platen

shift key

72 / 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

73 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

pay slip

stock records

pay roll

store records

74 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

People care for typewriter in order to _________

look beautiful when producing only a copy

type more papers

maintain it to the last

make it look shinning

75 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

stamps

cheque

telegraphic money order

money order

76 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of current assets is _____________

capital

stock

creditors

gross profit

77 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Account used to record minor expenses is

ledger

petty cash book

trading profit and loss account

journal

78 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

manufacturer

distribution

construction

extractive

79 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

comet

ware house

store

bank

80 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

life

marine

subrogation

five

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