WorksheetsBusiness Studies Mock
Total questions: 80
Worksheet time: 27mins
Memorandum is used ______
Between different organizations
By two companies only
To communicated between different government institution
To communicate to the world
Within an organization
Which of the following is not a purchase document?
Credit note
Invoice
Letter of enquiry
Price list
Receipt
The records that pass between one organization to another for effective and smooth running of business transaction is called office _______
Correspondence
Document
Files
Itinerary
Memoranda
The reception possesses the following qualities except
Neatness
Politeness
Punctuality
Rudeness
Sincerity
Which of the following document is not handled by a receptionist?
Business card
Delivery note
Request form
Telephone directory
Visitor’s book
The records that are kept in the offices for keeping information that concerns mails is called office ______
Chart
Correspondence
Diagram
Document
Procedure
The following are functions of purchasing department except
Ensuring the correct quantities of goods supplied
Keeping records of goods
Making sure the products are of good quality
Paying workers salaries promptly
Storing goods until they are needed
An officer who gets goes to office on time is said to be _______
Faithful
Obedient
Punctual
Regular
Sincere
Which of the following is a reward for being devoted to duty?
Demotion
Negligence
Query
Promotion
Suspension
The following shows the importance of office procedure except that it
Allows for better co-ordination of activities
Creates friction between staff and management
Promotes a better flow of work in the office
Promotes effective staff training programme
Reduces the general cost of running business
The sequence in which particular operations are carried out in respect to the performance of business activities of an organization is called
Business operation
Business opportunity
Office arrangement
Office performance
Office procedure
The machine that is used in place of postage stamp is _______ machine
Addressing
Duplicating
Franking
Perforating
Photocopying
Keyboarding skills is important in business because it
Increase the production of materials with pen
Is good for the production personal handwritten documents only
Is used for musical purpose only
Take a longtime to complete writing of large volume document
Takes short time to produce handwritten materials for personal and professional uses
Which of the following offices is not found in a manufacturing organization?
Accounts
Administrative
Consultancy
Personnel
Sales
An office with a big space where many workers carry out different activities is called _______ offices
Administrative
Closed
Large
Open
Small
An office can best be defined as a place where
Building and desks are displayed
Business is carried out
Buying and selling is done
Debts are paid
People discus their problems
Research and development department can also be referred to as ______ department
Administration
Finance
Planning
Sales
Transport
The department that is responsible for changing raw materials into finished good is carried ________
Finance
Marketing
Production
Purchasing
Transport
The following are function of an office except _______ information
Concealing
Collecting
Receiving
Recording
Sorting
Advertising and customers services unit can be found in which of these departments?
Personnel
Procurement
Production
Purchasing
Sales
The various department that can be found in an organization include the following except
Administrative
Finance
Personnel
Production
Protocol
A place where an organization set up to co-ordinate its activities is referred to a/an
Department
Field
Office
Room
Warehouse
1. The department that is referred to as the ‘nerve – centre’ of the organization is
Accounts
Administration
Purchase
Sales
Transport
A comprehension and practical subject that prepares students for managerial role in both private and public sector is called _________
Agricultural science
Business studies
Further mathematics
Home management
Physical education
Which of the following is not a component of business studies?
Book-keeping
Commerce
Keyboarding
Office practice
Salesmanship
Any office item which is operated either manually, mechanically or electronically to aid the office worker perform his duties faster, neater and more efficiently is called _______
Communication media
Office document
Office equipment
Office procedure
Organization chart
Which of the following is not a personal quality of a clerk
Courtesy
Dedication
Good appearance
Good habit
Loyalty
Which of the following is not a term used in the office in relation to mail?
Dispatch
Inward
Outward
Postage
Sales
The use of office correspondence records help the organization to know the number of _____ that comes into an organization
Bags
Boxes
Files
Letter
Tags
A good receptionist treats visitors to the organization with ________
Disobedience
Hostility
Indifference
Respect
Scorn
Business organization always employ a ______ looking receptionist
Fierce
Haggard
Horrible
Rugged
Smart
The following are the duties of a junior clerk in an organization except
Date – stamping the mails
Delivering mails to units or departments
Posting letter/parcels
Receiving mails
Taking minutes
Which of the following is not a responsibility of a clerk?
Dispatching of mails
Filling documents
Inspection of vehicles
Keeping records
Sorting letters
An office where twenty or more persons are carrying out different activities is known as _____ office
Closed
Large
Reception
Secretary’s
Small
Which of the following departments is incharge of staff welfare in an organization?
Finance
Personnel
Production
Sales
Transport
A receptionist is important in an office because he/she _______
Cracks jokes with visitors
Economizes visitors form
Is always punctual to the office
Protects the image of the organization
Provides seats to visitors
Which of the following is not an attribute of honesty?
Commitment
Dedication
Devotion
Fraudulence
Sincerity
A person who posses right attitude to work has the following characteristics except
Consistency
Hard work
Honesty
Punctuality
Truancy
The visitors book in an organization is handled by the _____
Clerk
Director
Receptionist
Secretary
Security
The clerical staff performs varieties of functions except
Directing visitors to the executive’s office
Filling documents
Laundering for the boss
Running official errands
Sorting paper works.
Financial transactions of an organization is prepared and kept by………….department
Accounts
Legal
Personnel
Personnel
Production
Which of these is not a method of paying wages?
Commission bonus
Dividend payment
Flat rate
Premium bonus
Time rate
Which of these is not a reward for being a truthful employee?
Demotion
Favour
Freedom
Promotion
Trust
Creating public awareness about the organization’s product is the responsibility of ………………
Marketing
Personnel
Production
Purchasing
Transport
Incoming and out coming mails of an organization are called………………..
Bulletin
Correspondence
Journal
Handbill
Magazine
The following are sanctions to check lateness to work except
Denial of opportunities
Elevation
Pay deduction
Query
Suspension
Which of the following is not a benefit of devotion to duty in an organization?
Increase in cost of production
Improvement in productivity
Morale booster to the workers
Stress free
Workers frustration is avoided.
Commercial banks performs the following functions except
Accepting deposits
Acting as agents of payment
Issuance of travelers cheque
Lending to customers
Printing and issuing of currencies
Safe-keeping customers valuables is common with…………banks
Agricultural
Central
Commercial
Industrial development
Merchant
First bank of Nigeria Plc may dishonor a cheque presented for payment if……….
Any alteration on the cheque is endorsed
It is due for payment
It is presented after a period of six months.
There is sufficient money in the drawer’s account
The signature of the drawer is regular
Products and services are advertised on vehicles through the use of……………
Journals
Newspapers
Radio
Stickers
Television
The advertising medium that is usually found along major roads is……………
Bill board
Cinema
Radio
Television
Window display
The aid to trade that involves the movement of people, goods and services to where they are needed is known as…………………..
Advertising
Banking
Communication
Transportation
Warehousing
The trade document which gives comprehensive summary of transactions involving sales or purchases of goods is known as……………….
Delivery note
Invoice
Price list
Quotation
Statement of account
Which of the following activities is not associated with the final stages of production?
Distribution of goods to final consumers
Exchange of goods between buyers and sellers
Marketing of goods and services to prospective customers
Sourcing of raw materials
Warehousing of manufactured goods
Obtaining crude oil for refining is an example of……………….occupation.
Constructive
Extractive
Manufacturing
Tertiary
Service
A sole proprietorship business is one in which
Decision making is done after consultation with partners
More than two people own the business
Only one person owns and manages the business
Profits are shared among shareholders
The principles of division of labour is in place
The person that contributes capital and does not take part in the running of the business is called……….partner
Active
General
Limited
Nominal
Sleeping
The following are disadvantages of cooperative society except
Democratic in nature
High embezzlement
Insufficient capital
Limited expansion
Weak management
The amount of money an insurance company pays to its clients to cushion the effect of a loss is called………….
Annuity
Endowment
Indemnity
Premium
Term
An insurance policy taken against loss of goods on the sea is called …………insurance
Burglary
Fire
Marine
Theft
Decline
Insurer in insurance business is the
Agent of the insured
Holder of insurance policy
Broker to the insured
Insurance company
Risk giver
The following are services rendered by the post office except
Express letters
Money orders
Postal orders
Satellite services
Telegrams
The knowledge of book keeping is essential to find out the following except
Expenses of the business
Financial position of the business
Expenses of the competitors
Value of goods purchased
Value of goods sold
Aisha started business with her bank balance of N2, 000.00. The two accounts involved are…………accounts
Aisha and capital
Aisha and cash
Capital and book
Capital and cash
Cash and bank
In application of double entry principles, every transaction involves…………… accounts
5
3
2
1
4
The listing of the balances of all the accounts in a ledger is called………….
Cash book
Imprest system
Petty account
Journal entry
Trial balance
For every credit entry in an account, there must be a corresponding…………entry
Complete
Debit
Double
Reversal
Single
Mr. Amos sets aside a sum of N50, 000.00 for business purposes, this amount is referred to as ………………..
Capital
Drawing
Loan
Profit
Reserve
Mr. John, a bookshop owner, bought stationary for N400 by cash. The double entry is……………………….
Cr Mr. John and Dr cash
Cr stationary and Dr cash
Dr cash and Cr Purchase
Dr purchases and Cr cash
Dr stationary and Cr cash
In trial balance, the total debit balance should be equal to the total………..balance
Asset
Bank
Cash
Credit
Discount
The following items are found in debit side of trial balance except
Electricity bill
Loan
Rent
Salaries
Wages
A transparent book keeper must be…….
Hardworking and corrupt
Honest and trustworthy
Nice and faithful
Optimistic and extravagant
Pessimistic and highhandedness
Which of these departments is responsible for the procurement of materials in a company?
Administrative
Accounts
Personnel
Production
Purchasing
The role of wages and salaries unit of a company is to prepare
Credit note
delivery note
payroll
requisition form
store records
The method of paying wages at equal amount per week or month, irrespective of quality of work done is called
commission bonus
flat rate
piece rate
premium bonus
time rate
The aggregate stock, debtors and bank is called
Capital employed
Current assets
Current liability
Fixed assets
Working capital
A document sent by the seller to the buyer at regular interval showing credits and debits and the balances due is called
Credit note
Debit note
Invoice
Petty cash vouchers
Statement of accounts
The following are source documents except
Cash book
Credit note
Debit note
Invoice
Statement of account
The following are rules of Trial Balance except; all
Assets must be on the debit side
Expenses and income must be recorded on the debit side
Expenses must be recorded on the debit side
Income must be recorded on the credit side
Liabilities must be on the credit side
