BUSINESS STUDIES PAST QUESTIONS

Which of these is NOT true of a sole proprietorship?

What the business owes the others is called _________

An example of intangible assets is _______

Account used to record minor expenses is

The trading account is prepared to determine __________

All these are methods of payment EXCEPT ______________

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

The factor of production are ______

All are examples of retailers except

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

Which of the following is not a current asset?

Another bane for producer is ___________

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

How many consonant strokes do we have in Pitman shorthand?

__________ is book of original entry

The correct sitting position when typing is to sit ____________

The payment to a staff after all deductions is called

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

Oral communication can be made through ________

_________ allows buyers and seller to trade without having physical contacts

Production ends when the product gets to the _____

A credit  entry in the same account is called ________

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

Which of the following is NOT a source document?

What is the use of a duplicating machine?

The two major division of trade are _________

Which of these is a fixed asset?

The officer in charge of the petty cash book is called

Carbon papers are used for

Another name for cylinder is ___________

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

All these except one are advantages of one man business

Banking insurance, advertising, communication are known as _______

To protect the platen when typing always, use a _________

Which of the following represents full stop in shorthand?

Office with demarcation is known as _________

Which of the following is not office equipment?

People care for typewriter in order to _________

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

The term profit means _________

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

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

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

Building, motor vehicle, plants are examples of __________

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

A computer is said to be reliable because it __________

Which of these is NOT a function of an office?

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

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

The following are parts of typewriter EXCEPT __________

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

Things bought to be sold are called _________

Another name for aids to trade is _________

An example of current assets is _____________

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

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

Credit notes are usually printed in _________

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

A person who types in an office is called

An amount paid for insuring property is known as _______