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

__________ is the difference between current assets and current liabilities

circulating capital

working capital

fixed capital

revolving capital

2 / 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

selling profit

purchasing profit

net profit

3 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The trading account is prepared to determine __________

net sales

net profit/loss

overall purchases

gross profit/loss

4 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Credit notes are usually printed in _________

yellow

blue

green

red

5 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A computer is said to be reliable because it __________

strong

unique

fast

accurate

6 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not office equipment?

typewriter

stapler

television

table and chairs

7 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

_________ allows buyers and seller to trade without having physical contacts

communication

advertising

e-commerce

transportation

8 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A person who types in an office is called

clerk

typer

stenographer

typist

9 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

stock records

store records

pay roll

pay slip

10 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The principal book of account is called ________

cash book

ledger

cheque

journal

11 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

money order

telegraphic money order

cheque

stamps

12 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

handling of telephone

receiving visitors

handling of message pad

attending to friends

13 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

__________ is book of original entry

trading account

journal

profit and loss

source document

14 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The officer in charge of the petty cash book is called

cashier

petty cashier

manager

accountant

15 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

criminal redress

administrative redress

civil redress

personal redress

16 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

distribution

manufacturer

construction

extractive

17 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are the qualities of a clerical staff EXCEPT ___________

carefulness

courtesy

diligence

arrogance

18 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

communication

interest

occupation

promotion

19 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The payment to a staff after all deductions is called

net pay

allowance

gross pay

basic pay

20 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What the business owes the others is called _________

goodwill

assets

loan

liability

21 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another bane for producer is ___________

manufacturer

actors

models

ownership

22 / 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

23 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Account used to record minor expenses is

petty cash book

journal

trading profit and loss account

ledger

24 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Who keeps the petty cash book?

petty cashier

secretary

petty recorder

accountant

25 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Carbon papers are used for

producing only a copy

give colour to the typing document

producing copies with typing document

making the document black

26 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A cheque book is associated with _________

saving account

fixed deposit

foreign bank

current account

27 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these are methods of payment EXCEPT ______________

transfer

cash

cheque

teller

28 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

personal income tax

import duties

value added tax

excise duty

29 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Moving goods from Nigeria to China is called ________

production

gift trade

export trade

import trade

30 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

director

supervisor

manager

entrepreneur

31 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

five

marine

life

subrogation

32 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are examples of retailers except

hawker

consumer

shop owners

kiosk owners

33 / 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

34 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of intangible assets is _______

stock

good will

building

motor vehicle

35 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

To protect the platen when typing always, use a _________

tracing paper

plain sheet

carbon paper

backing sheet

36 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

People care for typewriter in order to _________

maintain it to the last

type more papers

look beautiful when producing only a copy

make it look shinning

37 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An invoice contains the following information EXCEPT

name of the customer

account number

date which the transaction is recorded

supplier’s invoice number

38 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

banking

communication

transportation

advertising

39 / 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

40 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

ware house

comet

bank

store

41 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Things bought to be sold are called _________

purchases

materials

sales

goods

42 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

compensation

third party

burglary

marine

43 / 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

columnar cash book

two column cash book

one column cash book

44 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for cylinder is ___________

shift key

margine set

shift lock

platen

45 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Trade between two countries is known as __________

foreign trade

home trade

local trade

boundary trade

46 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The following are parts of typewriter EXCEPT __________

insurance

carriage

space bar

shift key

47 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Office with demarcation is known as _________

open office

enlarged office

close office

co-ordinated

48 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

partnership

sole proprietorship

limited liability company

joint stock business

49 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The correct sitting position when typing is to sit ____________

and relax yourself while typing

and type correctly

and keep your eyes on the machine

upright with your feet flat on the floor.

50 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

What is the use of a duplicating machine?

used in reproducing more of a typed document in thousands

used for recording

used for typing

used for posting letters

51 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is not a current asset?

stock

creditor

debtor

prepayment

52 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is a fixed asset?

cash at bank

building

debtors

stock

53 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The reward for capital is _________

profit

salaries

interest

rent

54 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Production ends when the product gets to the _____

wholesaler

manager

consumer

manufacturer

55 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All these except one are advantages of one man business

easy to start

quick decision

little capital

legal entity

56 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Another name for aids to trade is _________

ancillary services

tourism

indirect services

direct services

57 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An amount paid for insuring property is known as _______

surrender

premium

burglary

compensation

58 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Building, motor vehicle, plants are examples of __________

current assets

fixed assets

liabilities

long term liabilities

59 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Banking insurance, advertising, communication are known as _______

production activities

aids to trade

profit activities

sales activities

60 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The two major division of trade are _________

home and foreign

import and export

commerce and industry

wholesale and retail

61 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

A credit entry in the same account is called ________

single entry

double entry

contra entry

triple entry

62 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

arithmetical

chronological

alphabetical

numerical

63 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

An example of current assets is _____________

stock

gross profit

capital

creditors

64 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Oral communication can be made through ________

telegram

telex

telephone

business reply system

65 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

shift key

paper knot

platen knot

camage

66 / 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

67 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

typewriter

printer

computer

perforator

68 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

All are types of bank account EXCEPT __________

current account

fixed deposit account

saving account

static account

69 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The factor of production are ______

land, labour, capital and entrepreneur

capital and labour

capital and entrepreneur

land and labour

70 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of these is NOT a function of an office?

providing telephone services

collecting and receiving information

analyzing information

processing information

71 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

advertising

ware housing

production

communication

72 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

How many consonant strokes do we have in Pitman shorthand?

8

20

12

24

73 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

The term profit means _________

cost price minus selling price

selling price minus cost price

selling price plus turnover

cost price plus selling price

74 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

ferries

coasters

aeroplane

human porterage

75 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

agreement

proposal

premium

application

76 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

warehousing

transportation

advertising

communication

77 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following is NOT a source document?

delivery note

receipt

credit not

debit note

78 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

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

entrepreneur

finances

market research

production

79 / 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

80 / 80

Category: BECE BUSINESS STUDIES PAST QUESTION

Which of the following represents full stop in shorthand?

?

=

>

X

Your score is
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6 thoughts on “BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS”

Otaru Idawu

October 21, 2023 at 2:05 pm

The questions are so quantitative, it has pushed me so much I want more of it.
Otaru Idawu

October 21, 2023 at 2:02 pm

I love it, the questions are so tactical. Just what I needed.
- Samuel Emeka Okeke
  
  October 22, 2023 at 11:20 am
  
  Hi, Thank you Otaru
Mohamed Bendu

April 6, 2023 at 3:36 pm

Good job
- Samuel Okeke
  
  April 7, 2023 at 4:54 pm
  
  Thank you Mohamed Bendu
Agness

March 20, 2023 at 8:18 pm

Plz help me I need to study now

BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS

6 thoughts on “BECE BUSINESS STUDIES PAST QUESTIONS AND ANSWERS”

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