BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS

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?
delivery note
receipt
credit not
debit note

2 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
A cheque book is associated with _________
foreign bank
fixed deposit
current account
saving account

3 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The system of filing whereby the first figures are used is _________
numerical
chronological
alphabetical
arithmetical

4 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
A computer is said to be reliable because it __________
accurate
strong
fast
unique

5 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
_________ allows buyers and seller to trade without having physical contacts
communication
advertising
e-commerce
transportation

6 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Banking insurance, advertising, communication are known as _______
aids to trade
profit activities
sales activities
production activities

7 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
An amount paid for insuring property is known as _______
premium
surrender
compensation
burglary

8 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
If the expenses of selling and running a business exceed the gross profit, it will result in __________
net profit
selling profit
purchasing profit
net loss

9 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Who keeps the petty cash book?
accountant
petty recorder
petty cashier
secretary

10 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
All these are methods of payment EXCEPT ______________
transfer
cash
teller
cheque

11 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
All these except one are advantages of one man business
little capital
legal entity
easy to start
quick decision

12 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Another name for cylinder is ___________
shift key
platen
margine set
shift lock

13 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The person who co-ordinated other factors of production is called ______
entrepreneur
manager
supervisor
director

14 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
To protect the platen when typing always, use a _________
tracing paper
plain sheet
backing sheet
carbon paper

15 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
An invoice contains the following information EXCEPT
supplier’s invoice number
account number
name of the customer
date which the transaction is recorded

16 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Things bought to be sold are called _________
goods
sales
purchases
materials

17 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The factor of production are ______
land and labour
capital and entrepreneur
land, labour, capital and entrepreneur
capital and labour

18 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The movement of people and goods from one place to another is called __________
banking
advertising
transportation
communication

19 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Account used to record minor expenses is
trading profit and loss account
journal
petty cash book
ledger

20 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
A business man minimum member of two and maximum of twenty is known as ___________
partnership
limited liability company
joint stock business
sole proprietorship

21 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Another name for aids to trade is _________
ancillary services
direct services
indirect services
tourism

22 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
A document which shows the full details of workers’ pay is called _________
pay roll
stock records
store records
pay slip

23 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
How many consonant strokes do we have in Pitman shorthand?
20
12
8
24

24 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The following are the qualities of a clerical staff EXCEPT ___________
courtesy
carefulness
diligence
arrogance

25 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The type of cash book which have both bank and cash columns without discount is called
columnar cash book
one column cash book
two column cash book
petty cash book

26 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
An example of current assets is _____________
capital
gross profit
creditors
stock

27 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of these is NOT a function of an office?
processing information
providing telephone services
collecting and receiving information
analyzing information

28 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
When typing, the sound of warning bell indicates _________
watch out for the end of the paper
give a space
be ready for a new line
begin new word

29 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Trade between two countries is known as __________
boundary trade
home trade
local trade
foreign trade

30 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
What is the document issued by the supplier to indicate settlement of debt?
bill of exchange
invoice
statement
receipt

31 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The provision which a wise man makes against future occurrence of losses is called ________
banking
insurance
protection
saving

32 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of the following represents full stop in shorthand?
=
>
X
?

33 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
What the business owes the others is called _________
loan
goodwill
assets
liability

34 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Any activities in which people engage themselves in order to earn a living is termed ___________
occupation
promotion
communication
interest

35 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Office with demarcation is known as _________
enlarged office
close office
co-ordinated
open office

36 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The officer in charge of the petty cash book is called
manager
cashier
petty cashier
accountant

37 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Moving goods from Nigeria to China is called ________
export trade
gift trade
import trade
production

38 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The reward for capital is _________
salaries
interest
rent
profit

39 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of the following industries takes raw materials from the earth?
distribution
manufacturer
extractive
construction

40 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
One of the following is NOT a duty of a receptionist?
receiving visitors
attending to friends
handling of message pad
handling of telephone

41 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of these is a fixed asset?
cash at bank
building
debtors
stock

42 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The following are parts of typewriter EXCEPT __________
carriage
space bar
shift key
insurance

43 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
An office machine used to store data and to bring out information is called __________
typewriter
perforator
printer
computer

44 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which one of these is not a means of payment through the post office?
cheque
stamps
telegraphic money order
money order

45 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of the following is not a typewriter’s part?
paper knot
shift key
camage
platen knot

46 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The principal book of account is called ________
ledger
cash book
journal
cheque

47 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
A person who types in an office is called
clerk
typer
typist
stenographer

48 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Taxes collected by government on locally made products are known as ___________
import duties
excise duty
personal income tax
value added tax

49 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
All are examples of retailers except
consumer
shop owners
hawker
kiosk owners

50 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
An insurance policy that covers accidents at sea is known as _________
fire insurance
burglary insurance
life assurance
marine insurance

51 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of the following is not office equipment?
stapler
table and chairs
television
typewriter

52 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The act of passing information from one person to another is known as ___________
ware housing
advertising
production
communication

53 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The amount paid periodically by policy holder to an insurance company is termed ___________
application
agreement
premium
proposal

54 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of the following is NOT a type of insurance policy?
marine
five
life
subrogation

55 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The payment to a staff after all deductions is called
basic pay
allowance
net pay
gross pay

56 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The redress of a customer can be any of the following EXCEPT __________
personal redress
administrative redress
criminal redress
civil redress

57 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Production ends when the product gets to the _____
wholesaler
consumer
manager
manufacturer

58 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The term profit means _________
cost price plus selling price
cost price minus selling price
selling price plus turnover
selling price minus cost price

59 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
__________ is book of original entry
journal
source document
profit and loss
trading account

60 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Another bane for producer is ___________
models
manufacturer
ownership
actors

61 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The two major division of trade are _________
commerce and industry
wholesale and retail
import and export
home and foreign

62 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
A place where money and other valuable things are kept is called
ware house
store
comet
bank

63 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
What is the use of a duplicating machine?
used for typing
used for posting letters
used in reproducing more of a typed document in thousands
used for recording

64 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
People care for typewriter in order to _________
make it look shinning
look beautiful when producing only a copy
maintain it to the last
type more papers

65 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
A credit entry in the same account is called ________
double entry
single entry
triple entry
contra entry

66 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of the following is NOT a procedure for drawing up a single business plan?
production
entrepreneur
market research
finances

67 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The correct sitting position when typing is to sit ____________
and type correctly
and relax yourself while typing
upright with your feet flat on the floor.
and keep your eyes on the machine

68 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Carbon papers are used for
give colour to the typing document
producing only a copy
making the document black
producing copies with typing document

69 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Credit notes are usually printed in _________
yellow
green
red
blue

70 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of the following is not a current asset?
creditor
prepayment
debtor
stock

71 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of the following is not a modern form of transportation system?
human porterage
ferries
coasters
aeroplane

72 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Which of these is NOT true of a sole proprietorship?
easy to form
the owner can take decision alone
the business continuity if the owner dies
the owner takes the profit alone

73 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
All are types of bank account EXCEPT __________
fixed deposit account
saving account
static account
current account

74 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Building, motor vehicle, plants are examples of __________
long term liabilities
current assets
liabilities
fixed assets

75 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The insurance policy on goods transported on water is known as __________
compensation
marine
burglary
third party

76 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The act of posing information from one person to another is known as __________
transportation
warehousing
communication
advertising

77 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
Oral communication can be made through ________
telephone
business reply system
telex
telegram

78 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
The trading account is prepared to determine __________
overall purchases
net profit/loss
gross profit/loss
net sales

79 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
An example of intangible assets is _______
motor vehicle
good will
stock
building

80 / 80
Category: BECE BUSINESS STUDIES PAST QUESTION
__________ is the difference between current assets and current liabilities
fixed capital
working capital
revolving capital
circulating capital

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