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business studies yr 7

Authored by Nwankwo Chinwe

Business

7th Grade

Used 5+ times

business studies yr 7
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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A computer system has two major elements…..

Hardware and global ware
Memory and Keyboard
System ware and software
Hardware and software

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bookkeeping is an important aspect of………..

Chemistry
Mathematics
Accounting
Statistics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

….. is used for storing information

Paper
Computer
Calculator
Drawer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reward of an entrepreneur as a factor of production?

Profit
Typing area
Interest
Wages

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All goods returned to the supplier as a result of damage are recorded in ……

Return outward journal
Sales journal
Purchases journal
Return inward journal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The person who is the sole provider of business capital and suffers losses alone is the …..

Sole proprietor
Partner
Trader
Salesmen

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following are methods of making payments EXCEPT

Payment by receipts
Payment by cash
Payment by cheque
Payment by bank draft

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