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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

All these are methods of payment EXCEPT ______________

teller

cash

transfer

cheque

2 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

communication

promotion

occupation

interest

3 / 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

4 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

How many consonant strokes do we have in Pitman shorthand?

24

20

8

12

5 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

entrepreneur

supervisor

manager

director

6 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

finances

market research

entrepreneur

production

7 / 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

8 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Office with demarcation is known as _________

enlarged office

close office

open office

co-ordinated

9 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An amount paid for insuring property is known as _______

compensation

burglary

surrender

premium

10 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Account used to record minor expenses is

trading profit and loss account

petty cash book

journal

ledger

11 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

burglary

compensation

third party

marine

12 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The term profit means _________

selling price plus turnover

cost price plus selling price

selling price minus cost price

cost price minus selling price

13 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The two major division of trade are _________

wholesale and retail

import and export

commerce and industry

home and foreign

14 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The principal book of account is called ________

journal

cash book

cheque

ledger

15 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

protection

insurance

banking

saving

16 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Production ends when the product gets to the _____

consumer

manager

wholesaler

manufacturer

17 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

subrogation

marine

life

five

18 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Building, motor vehicle, plants are examples of __________

fixed assets

long term liabilities

current assets

liabilities

19 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of current assets is _____________

creditors

gross profit

capital

stock

20 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What the business owes the others is called _________

liability

goodwill

assets

loan

21 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are types of bank account EXCEPT __________

fixed deposit account

saving account

current account

static account

22 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Oral communication can be made through ________

telex

telephone

business reply system

telegram

23 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are parts of typewriter EXCEPT __________

insurance

shift key

space bar

carriage

24 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

receiving visitors

handling of telephone

handling of message pad

attending to friends

25 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Who keeps the petty cash book?

petty cashier

secretary

accountant

petty recorder

26 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

distribution

construction

extractive

manufacturer

27 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for cylinder is ___________

shift lock

shift key

platen

margine set

28 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT true of a sole proprietorship?

the owner takes the profit alone

the business continuity if the owner dies

easy to form

the owner can take decision alone

29 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The correct sitting position when typing is to sit ____________

upright with your feet flat on the floor.

and type correctly

and relax yourself while typing

and keep your eyes on the machine

30 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

communication

banking

transportation

advertising

31 / 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

32 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

premium

agreement

application

proposal

33 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

paper knot

platen knot

shift key

camage

34 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these except one are advantages of one man business

legal entity

little capital

easy to start

quick decision

35 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An invoice contains the following information EXCEPT

supplier’s invoice number

name of the customer

date which the transaction is recorded

account number

36 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Carbon papers are used for

making the document black

producing copies with typing document

producing only a copy

give colour to the typing document

37 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

human porterage

coasters

ferries

aeroplane

38 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION
See also BECE BASIC TECHNOLOGY PAST QUESTIONS

An example of intangible assets is _______

building

stock

good will

motor vehicle

39 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Banking insurance, advertising, communication are known as _______

production activities

sales activities

profit activities

aids to trade

40 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not office equipment?

table and chairs

typewriter

stapler

television

41 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A computer is said to be reliable because it __________

strong

accurate

unique

fast

42 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The officer in charge of the petty cash book is called

cashier

petty cashier

manager

accountant

43 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are examples of retailers except

consumer

kiosk owners

shop owners

hawker

44 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a source document?

delivery note

receipt

debit note

credit not

45 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Credit notes are usually printed in _________

red

blue

green

yellow

46 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Things bought to be sold are called _________

purchases

goods

materials

sales

47 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is book of original entry

profit and loss

source document

trading account

journal

48 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A credit entry in the same account is called ________

contra entry

triple entry

double entry

single entry

49 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is a fixed asset?

building

debtors

stock

cash at bank

50 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is the difference between current assets and current liabilities

working capital

fixed capital

revolving capital

circulating capital

51 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

receipt

statement

invoice

bill of exchange

52 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

_________ allows buyers and seller to trade without having physical contacts

communication

transportation

e-commerce

advertising

53 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A cheque book is associated with _________

current account

saving account

fixed deposit

foreign bank

54 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A person who types in an office is called

typist

stenographer

typer

clerk

55 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

burglary insurance

life assurance

marine insurance

fire insurance

56 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

import duties

value added tax

personal income tax

excise duty

57 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT a function of an office?

analyzing information

providing telephone services

processing information

collecting and receiving information

58 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The trading account is prepared to determine __________

overall purchases

gross profit/loss

net sales

net profit/loss

59 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The factor of production are ______

capital and labour

land and labour

capital and entrepreneur

land, labour, capital and entrepreneur

60 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

perforator

printer

typewriter

computer

61 / 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

62 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for aids to trade is _________

indirect services

tourism

ancillary services

direct services

63 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Trade between two countries is known as __________

local trade

foreign trade

boundary trade

home trade

64 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

arithmetical

chronological

numerical

alphabetical

65 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

joint stock business

limited liability company

partnership

sole proprietorship

66 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

cheque

money order

telegraphic money order

stamps

67 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

transportation

communication

advertising

warehousing

68 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

communication

ware housing

advertising

production

69 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following represents full stop in shorthand?

X

>

=

?

70 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

To protect the platen when typing always, use a _________

backing sheet

plain sheet

carbon paper

tracing paper

71 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The payment to a staff after all deductions is called

basic pay

net pay

gross pay

allowance

72 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The reward for capital is _________

salaries

interest

profit

rent

73 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a current asset?

stock

prepayment

creditor

debtor

74 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

pay slip

stock records

store records

pay roll

75 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Moving goods from Nigeria to China is called ________

gift trade

import trade

production

export trade

76 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another bane for producer is ___________

models

manufacturer

ownership

actors

77 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

People care for typewriter in order to _________

type more papers

maintain it to the last

make it look shinning

look beautiful when producing only a copy

78 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What is the use of a duplicating machine?

used for posting letters

used for typing

used in reproducing more of a typed document in thousands

used for recording

79 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are the qualities of a clerical staff EXCEPT ___________

diligence

carefulness

arrogance

courtesy

80 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

bank

ware house

store

comet

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BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS

BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS

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