BECE BUSINESS STUDIES APP — SCHOOL PORTAL NG

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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

An amount paid for insuring property is known as _______

burglary

surrender

premium

compensation

2 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these are methods of payment EXCEPT ______________

teller

cheque

transfer

cash

3 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for cylinder is ___________

platen

margine set

shift lock

shift key

4 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

When typing, the sound of warning bell indicates _________

give a space

begin new word

watch out for the end of the paper

be ready for a new line

5 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

money order

cheque

stamps

telegraphic money order

6 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A credit entry in the same account is called ________

contra entry

double entry

single entry

triple entry

7 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

purchasing profit

net profit

selling profit

net loss

8 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is the difference between current assets and current liabilities

fixed capital

revolving capital

circulating capital

working capital

9 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The factor of production are ______

land and labour

capital and labour

land, labour, capital and entrepreneur

capital and entrepreneur

10 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

limited liability company

partnership

joint stock business

sole proprietorship

11 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Credit notes are usually printed in _________

green

red

yellow

blue

12 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

People care for typewriter in order to _________

type more papers

look beautiful when producing only a copy

maintain it to the last

make it look shinning

13 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Office with demarcation is known as _________

enlarged office

close office

open office

co-ordinated

14 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

two column cash book

columnar cash book

one column cash book

petty cash book

15 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

fire insurance

marine insurance

burglary insurance

life assurance

16 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Trade between two countries is known as __________

foreign trade

home trade

local trade

boundary trade

17 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What the business owes the others is called _________

goodwill

assets

liability

loan

18 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Banking insurance, advertising, communication are known as _______

production activities

profit activities

sales activities

aids to trade

19 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

perforator

computer

printer

typewriter

20 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The payment to a staff after all deductions is called

net pay

allowance

gross pay

basic pay

21 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A computer is said to be reliable because it __________

fast

unique

strong

accurate

22 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are types of bank account EXCEPT __________

fixed deposit account

saving account

current account

static account

23 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The two major division of trade are _________

commerce and industry

import and export

home and foreign

wholesale and retail

24 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are parts of typewriter EXCEPT __________

carriage

space bar

shift key

insurance

25 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are the qualities of a clerical staff EXCEPT ___________

carefulness

diligence

arrogance

courtesy

26 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

ware housing

advertising

communication

production

27 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

statement

invoice

receipt

bill of exchange

28 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

construction

extractive

distribution

manufacturer

29 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

value added tax

personal income tax

excise duty

import duties

30 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Production ends when the product gets to the _____

manufacturer

manager

wholesaler

consumer

31 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The officer in charge of the petty cash book is called

accountant

manager

cashier

petty cashier

32 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The term profit means _________

cost price plus selling price

selling price minus cost price

selling price plus turnover

cost price minus selling price

33 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Account used to record minor expenses is

journal

petty cash book

trading profit and loss account

ledger

34 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

store records

stock records

pay roll

pay slip

35 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

handling of message pad

handling of telephone

receiving visitors

attending to friends

36 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

five

marine

subrogation

life

37 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Moving goods from Nigeria to China is called ________

gift trade

export trade

production

import trade

38 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT a function of an office?

processing information

analyzing information

collecting and receiving information

providing telephone services

39 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A cheque book is associated with _________

fixed deposit

foreign bank

current account

saving account

40 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT true of a sole proprietorship?

the owner can take decision alone

easy to form

the owner takes the profit alone

the business continuity if the owner dies

41 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following represents full stop in shorthand?

X

?

>

=

42 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The principal book of account is called ________

journal

ledger

cash book

cheque

43 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

supervisor

entrepreneur

director

manager

44 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

camage

shift key

platen knot

paper knot

45 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The trading account is prepared to determine __________

gross profit/loss

net sales

overall purchases

net profit/loss

46 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

bank

store

comet

ware house

47 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of current assets is _____________

gross profit

stock

creditors

capital

48 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is a fixed asset?

building

debtors

stock

cash at bank

49 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Carbon papers are used for

give colour to the typing document

making the document black

producing copies with typing document

producing only a copy

50 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An invoice contains the following information EXCEPT

name of the customer

supplier’s invoice number

account number

date which the transaction is recorded

51 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Things bought to be sold are called _________

goods

materials

sales

purchases

52 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A person who types in an office is called

stenographer

typer

typist

clerk

53 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

burglary

marine

third party

compensation

54 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is book of original entry

profit and loss

source document

journal

trading account

55 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these except one are advantages of one man business

little capital

quick decision

easy to start

legal entity

56 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not office equipment?

stapler

table and chairs

typewriter

television

57 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

warehousing

transportation

advertising

communication

58 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The reward for capital is _________

rent

interest

profit

salaries

59 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

To protect the platen when typing always, use a _________

carbon paper

backing sheet

tracing paper

plain sheet

60 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

ferries

aeroplane

coasters

human porterage

61 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Who keeps the petty cash book?

petty recorder

petty cashier

accountant

secretary

62 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

transportation

communication

advertising

banking

63 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a current asset?

creditor

debtor

stock

prepayment

64 / 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

65 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another bane for producer is ___________

ownership

actors

models

manufacturer

66 / 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

67 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

premium

proposal

agreement

application

68 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a source document?

debit note

receipt

credit not

delivery note

69 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

_________ allows buyers and seller to trade without having physical contacts

e-commerce

communication

advertising

transportation

70 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Building, motor vehicle, plants are examples of __________

liabilities

current assets

fixed assets

long term liabilities

71 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of intangible assets is _______

good will

building

motor vehicle

stock

72 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are examples of retailers except

hawker

consumer

kiosk owners

shop owners

73 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Oral communication can be made through ________

telegram

telex

business reply system

telephone

74 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

insurance

saving

protection

banking

75 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

promotion

occupation

communication

interest

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

How many consonant strokes do we have in Pitman shorthand?

8

24

12

20

78 / 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

79 / 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

80 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

arithmetical

chronological

alphabetical

numerical

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