BUSINESS STUDIES PAST QUESTIONS

Which of these is NOT true of a sole proprietorship?

Carbon papers are used for

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

Another name for cylinder is ___________

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

The following are parts of typewriter EXCEPT __________

_________ allows buyers and seller to trade without having physical contacts

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

Trade between two countries is known as __________

A cheque book is associated with _________

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

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

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

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

Another bane for producer is ___________

Which of these is NOT a function of an office?

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

What the business owes the others is called _________

What is the use of a duplicating machine?

The correct sitting position when typing is to sit ____________

How many consonant strokes do we have in Pitman shorthand?

The principal book of account is called ________

Which of these is a fixed asset?

A person who types in an office is called

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

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

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

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

__________ is book of original entry

Oral communication can be made through ________

The payment to a staff after all deductions is called

The officer in charge of the petty cash book is called

Moving goods from Nigeria to China is called ________

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

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

Production ends when the product gets to the _____

Another name for aids to trade is _________

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

Office with demarcation is known as _________

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

Which of the following is not office equipment?

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

An example of intangible assets is _______

__________ is the difference between current assets and current liabilities

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

An invoice contains the following information EXCEPT

When typing, the sound of warning bell indicates _________

Credit notes are usually printed in _________

Things bought to be sold are called _________

A credit  entry in the same account is called ________

To protect the platen when typing always, use a _________

The following are the qualities of a clerical staff EXCEPT ___________

The factor of production are ______

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

All these are methods of payment EXCEPT ______________

An amount paid for insuring property is known as _______

Account used to record minor expenses is

All are types of bank account EXCEPT __________

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

People care for typewriter in order to _________