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

Which of the following is NOT a source document?

receipt

debit note

credit not

delivery note

2 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

store records

pay roll

stock records

pay slip

3 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

interest

communication

occupation

promotion

4 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

communication

transportation

banking

advertising

5 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

camage

platen knot

shift key

paper knot

6 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An invoice contains the following information EXCEPT

account number

name of the customer

date which the transaction is recorded

supplier’s invoice number

7 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Building, motor vehicle, plants are examples of __________

current assets

long term liabilities

liabilities

fixed assets

8 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Moving goods from Nigeria to China is called ________

gift trade

import trade

export trade

production

9 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

market research

entrepreneur

production

finances

10 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Who keeps the petty cash book?

petty cashier

secretary

accountant

petty recorder

11 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

numerical

arithmetical

alphabetical

chronological

12 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

printer

typewriter

computer

perforator

13 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is book of original entry

source document

trading account

journal

profit and loss

14 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

premium

application

agreement

proposal

15 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

receiving visitors

handling of message pad

attending to friends

handling of telephone

16 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are parts of typewriter EXCEPT __________

shift key

carriage

insurance

space bar

17 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is a fixed asset?

cash at bank

building

stock

debtors

18 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

stamps

telegraphic money order

cheque

money order

19 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

comet

bank

ware house

store

20 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

saving

banking

protection

insurance

21 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following represents full stop in shorthand?

>

=

?

X

22 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Production ends when the product gets to the _____

manager

wholesaler

consumer

manufacturer

23 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of intangible assets is _______

good will

motor vehicle

building

stock

24 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

life assurance

marine insurance

fire insurance

burglary insurance

25 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A credit entry in the same account is called ________

single entry

triple entry

double entry

contra entry

26 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

People care for typewriter in order to _________

type more papers

maintain it to the last

look beautiful when producing only a copy

make it look shinning

27 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Carbon papers are used for

give colour to the typing document

producing copies with typing document

producing only a copy

making the document black

28 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

coasters

ferries

aeroplane

human porterage

29 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

selling profit

net profit

net loss

purchasing profit

30 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What is the use of a duplicating machine?

used for typing

used in reproducing more of a typed document in thousands

used for posting letters

used for recording

31 / 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

one column cash book

two column cash book

columnar cash book

32 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The principal book of account is called ________

ledger

journal

cheque

cash book

33 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Account used to record minor expenses is

ledger

petty cash book

trading profit and loss account

journal

34 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

advertising

communication

warehousing

transportation

35 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

manufacturer

distribution

extractive

construction

36 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Things bought to be sold are called _________

goods

materials

purchases

sales

37 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

bill of exchange

statement

invoice

receipt

38 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are examples of retailers except

hawker

kiosk owners

consumer

shop owners

39 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Credit notes are usually printed in _________

blue

red

yellow

green

40 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not office equipment?

typewriter

television

table and chairs

stapler

41 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are the qualities of a clerical staff EXCEPT ___________

diligence

carefulness

courtesy

arrogance

42 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

partnership

joint stock business

limited liability company

sole proprietorship

43 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a current asset?

prepayment

debtor

stock

creditor

44 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The officer in charge of the petty cash book is called

petty cashier

manager

cashier

accountant

45 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these are methods of payment EXCEPT ______________

cash

transfer

teller

cheque

46 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

excise duty

value added tax

import duties

personal income tax

47 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

_________ allows buyers and seller to trade without having physical contacts

transportation

e-commerce

advertising

communication

48 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

ware housing

production

advertising

communication

49 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another bane for producer is ___________

actors

manufacturer

ownership

models

50 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Oral communication can be made through ________

telex

telegram

business reply system

telephone

51 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The term profit means _________

selling price minus cost price

selling price plus turnover

cost price minus selling price

cost price plus selling price

52 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

supervisor

manager

entrepreneur

director

53 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for cylinder is ___________

platen

shift key

margine set

shift lock

54 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

To protect the platen when typing always, use a _________

carbon paper

backing sheet

plain sheet

tracing paper

55 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is the difference between current assets and current liabilities

revolving capital

working capital

circulating capital

fixed capital

56 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A computer is said to be reliable because it __________

unique

accurate

fast

strong

57 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are types of bank account EXCEPT __________

fixed deposit account

static account

current account

saving account

58 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The factor of production are ______

capital and entrepreneur

land and labour

capital and labour

land, labour, capital and entrepreneur

59 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of current assets is _____________

capital

creditors

gross profit

stock

60 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

burglary

marine

compensation

third party

61 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What the business owes the others is called _________

assets

goodwill

loan

liability

62 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Trade between two countries is known as __________

boundary trade

home trade

foreign trade

local trade

63 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Banking insurance, advertising, communication are known as _______

aids to trade

production activities

profit activities

sales activities

64 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A cheque book is associated with _________

foreign bank

current account

fixed deposit

saving account

65 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The payment to a staff after all deductions is called

basic pay

allowance

gross pay

net pay

66 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

When typing, the sound of warning bell indicates _________

begin new word

be ready for a new line

watch out for the end of the paper

give a space

67 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

criminal redress

administrative redress

personal redress

civil redress

68 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The correct sitting position when typing is to sit ____________

and relax yourself while typing

and type correctly

upright with your feet flat on the floor.

and keep your eyes on the machine

69 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Office with demarcation is known as _________

enlarged office

close office

open office

co-ordinated

70 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A person who types in an office is called

typist

clerk

typer

stenographer

71 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The reward for capital is _________

profit

rent

salaries

interest

72 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these except one are advantages of one man business

easy to start

legal entity

quick decision

little capital

73 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

subrogation

life

five

marine

74 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT a function of an office?

analyzing information

processing information

providing telephone services

collecting and receiving information

75 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An amount paid for insuring property is known as _______

surrender

premium

compensation

burglary

76 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for aids to trade is _________

ancillary services

tourism

direct services

indirect services

77 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT true of a sole proprietorship?

the owner can take decision alone

the owner takes the profit alone

easy to form

the business continuity if the owner dies

78 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The trading account is prepared to determine __________

net sales

gross profit/loss

net profit/loss

overall purchases

79 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

How many consonant strokes do we have in Pitman shorthand?

20

24

8

12

80 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The two major division of trade are _________

commerce and industry

home and foreign

wholesale and retail

import and export

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