BUSINESS STUDIES PAST QUESTIONS

__________ is book of original entry

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

The term profit means _________

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

Credit notes are usually printed in _________

Moving goods from Nigeria to China is called ________

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

All are examples of retailers except

An invoice contains the following information EXCEPT

The trading account is prepared to determine __________

Production ends when the product gets to the _____

What the business owes the others is called _________

All these except one are advantages of one man business

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

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

A credit  entry in the same account is called ________

__________ is the difference between current assets and current liabilities

All are types of bank account EXCEPT __________

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

Another name for cylinder is ___________

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

Which of the following is not office equipment?

The two major division of trade are _________

Which of the following represents full stop in shorthand?

Account used to record minor expenses is

An example of current assets is _____________

Which of the following is NOT a source document?

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

Which of these is a fixed asset?

Another bane for producer is ___________

When typing, the sound of warning bell indicates _________

The following are parts of typewriter EXCEPT __________

Trade between two countries is known as __________

A cheque book is associated with _________

The reward for capital is _________

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

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

How many consonant strokes do we have in Pitman shorthand?

An amount paid for insuring property is known as _______

Carbon papers are used for

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

Oral communication can be made through ________

A computer is said to be reliable because it __________

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

Who keeps the petty cash book?

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

Which of the following is not a current asset?

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

Which of these is NOT true of a sole proprietorship?

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

The officer in charge of the petty cash book is called

All these are methods of payment EXCEPT ______________

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

Which of these is NOT a function of an office?

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

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

The factor of production are ______

Office with demarcation is known as _________

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

To protect the platen when typing always, use a _________