BUSINESS STUDIES PAST QUESTIONS

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

The factor of production are ______

Which of these is a fixed asset?

An example of intangible assets is _______

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

Which of these is NOT true of a sole proprietorship?

Building, motor vehicle, plants are examples of __________

An invoice contains the following information EXCEPT

People care for typewriter in order to _________

What is the use of a duplicating machine?

Which of the following is not a current asset?

A cheque book is associated with _________

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

The term profit means _________

Banking insurance, advertising, communication are known as _______

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

How many consonant strokes do we have in Pitman shorthand?

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

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

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

Production ends when the product gets to the _____

An amount paid for insuring property is known as _______

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

__________ is the difference between current assets and current liabilities

Which of the following is NOT a source document?

When typing, the sound of warning bell indicates _________

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

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

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

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

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

Office with demarcation is known as _________

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

To protect the platen when typing always, use a _________

Account used to record minor expenses is

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

Which of the following represents full stop in shorthand?

All are examples of retailers except

The officer in charge of the petty cash book is called

What the business owes the others is called _________

Oral communication can be made through ________

The reward for capital is _________

Another name for aids to trade is _________

A person who types in an office is called

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

The trading account is prepared to determine __________

All these are methods of payment EXCEPT ______________

All these except one are advantages of one man business

Another bane for producer is ___________

A credit  entry in the same account is called ________

The following are the qualities of a clerical staff EXCEPT ___________

Things bought to be sold are called _________

A computer is said to be reliable because it __________

The two major division of trade are _________

Who keeps the petty cash book?

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

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

The following are parts of typewriter EXCEPT __________

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

Trade between two countries is known as __________