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

Account used to record minor expenses is

trading profit and loss account

ledger

petty cash book

journal

2 / 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

two column cash book

columnar cash book

one column cash book

3 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

communication

promotion

interest

occupation

4 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

insurance

banking

protection

saving

5 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

advertising

transportation

warehousing

communication

6 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

How many consonant strokes do we have in Pitman shorthand?

8

24

12

20

7 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

People care for typewriter in order to _________

look beautiful when producing only a copy

maintain it to the last

make it look shinning

type more papers

8 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a current asset?

debtor

creditor

prepayment

stock

9 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What is the use of a duplicating machine?

used for posting letters

used for recording

used for typing

used in reproducing more of a typed document in thousands

10 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is the difference between current assets and current liabilities

working capital

fixed capital

revolving capital

circulating capital

11 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of intangible assets is _______

good will

building

stock

motor vehicle

12 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The reward for capital is _________

profit

salaries

rent

interest

13 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

civil redress

administrative redress

personal redress

criminal redress

14 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another bane for producer is ___________

models

manufacturer

actors

ownership

15 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Office with demarcation is known as _________

close office

enlarged office

open office

co-ordinated

16 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT true of a sole proprietorship?

the owner takes the profit alone

the owner can take decision alone

the business continuity if the owner dies

easy to form

17 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

paper knot

shift key

platen knot

camage

18 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An amount paid for insuring property is known as _______

surrender

compensation

burglary

premium

19 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A credit entry in the same account is called ________

triple entry

single entry

double entry

contra entry

20 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Carbon papers are used for

making the document black

producing only a copy

producing copies with typing document

give colour to the typing document

21 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Oral communication can be made through ________

telex

telephone

telegram

business reply system

22 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

printer

perforator

typewriter

computer

23 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Moving goods from Nigeria to China is called ________

export trade

import trade

gift trade

production

24 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

arithmetical

alphabetical

numerical

chronological

25 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these are methods of payment EXCEPT ______________

cash

transfer

cheque

teller

26 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT a function of an office?

analyzing information

processing information

collecting and receiving information

providing telephone services

27 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

handling of message pad

receiving visitors

handling of telephone

attending to friends

28 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Credit notes are usually printed in _________

blue

green

yellow

red

29 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

receipt

invoice

bill of exchange

statement

30 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

_________ allows buyers and seller to trade without having physical contacts

e-commerce

communication

advertising

transportation

31 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Production ends when the product gets to the _____

wholesaler

manager

consumer

manufacturer

32 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

burglary

third party

compensation

marine

33 / 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 keep your eyes on the machine

and type correctly

and relax yourself while typing

34 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An invoice contains the following information EXCEPT

name of the customer

supplier’s invoice number

date which the transaction is recorded

account number

35 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are the qualities of a clerical staff EXCEPT ___________

arrogance

courtesy

diligence

carefulness

36 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

When typing, the sound of warning bell indicates _________

be ready for a new line

begin new word

watch out for the end of the paper

give a space

37 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

store

bank

ware house

comet

38 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is a fixed asset?

stock

cash at bank

debtors

building

39 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The term profit means _________

cost price plus selling price

selling price plus turnover

selling price minus cost price

cost price minus selling price

40 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

market research

finances

production

entrepreneur

41 / 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

42 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is book of original entry

source document

trading account

profit and loss

journal

43 / 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 loss

net profit

purchasing profit

selling profit

44 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Who keeps the petty cash book?

secretary

petty cashier

petty recorder

accountant

45 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A computer is said to be reliable because it __________

unique

strong

fast

accurate

46 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for aids to trade is _________

ancillary services

tourism

direct services

indirect services

47 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following represents full stop in shorthand?

?

X

=

>

48 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are parts of typewriter EXCEPT __________

shift key

space bar

carriage

insurance

49 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The payment to a staff after all deductions is called

basic pay

net pay

gross pay

allowance

50 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The trading account is prepared to determine __________

net sales

overall purchases

net profit/loss

gross profit/loss

51 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a source document?

credit not

receipt

debit note

delivery note

52 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of current assets is _____________

creditors

stock

capital

gross profit

53 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The officer in charge of the petty cash book is called

accountant

cashier

petty cashier

manager

54 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

burglary insurance

marine insurance

life assurance

fire insurance

55 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

marine

life

five

subrogation

56 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

telegraphic money order

money order

cheque

stamps

57 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A person who types in an office is called

typer

typist

clerk

stenographer

58 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The two major division of trade are _________

wholesale and retail

home and foreign

import and export

commerce and industry

59 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are types of bank account EXCEPT __________

current account

fixed deposit account

static account

saving account

60 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Building, motor vehicle, plants are examples of __________

liabilities

current assets

fixed assets

long term liabilities

61 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are examples of retailers except

kiosk owners

consumer

shop owners

hawker

62 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for cylinder is ___________

platen

shift lock

margine set

shift key

63 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Banking insurance, advertising, communication are known as _______

profit activities

production activities

sales activities

aids to trade

64 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

premium

proposal

agreement

application

65 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

pay roll

store records

pay slip

stock records

66 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What the business owes the others is called _________

liability

assets

loan

goodwill

67 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The principal book of account is called ________

journal

cash book

ledger

cheque

68 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The factor of production are ______

land, labour, capital and entrepreneur

capital and labour

land and labour

capital and entrepreneur

69 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these except one are advantages of one man business

legal entity

quick decision

easy to start

little capital

70 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

manufacturer

extractive

construction

distribution

71 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

import duties

value added tax

excise duty

personal income tax

72 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

manager

director

entrepreneur

supervisor

73 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

To protect the platen when typing always, use a _________

tracing paper

plain sheet

carbon paper

backing sheet

74 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A cheque book is associated with _________

current account

saving account

fixed deposit

foreign bank

75 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Things bought to be sold are called _________

sales

materials

goods

purchases

76 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

human porterage

coasters

aeroplane

ferries

77 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Trade between two countries is known as __________

local trade

boundary trade

home trade

foreign trade

78 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not office equipment?

typewriter

television

stapler

table and chairs

79 / 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

sole proprietorship

joint stock business

80 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

advertising

transportation

banking

communication

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