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Worksheets

Business Studies

Total questions: 30

Worksheet time: 59mins

Name
Class
Date
1.

The process of making goods and services available to the consumers is called

a)

Communication

b)

distribution

c)

Transportation

d)

Advertising

2.

The form of business unit which has a minimum of two and maximum of twenty people is

a)

Co-operative society

b)

Private limited company

c)

Public liability company

d)

Partnership

3.

Civil servants are engaged in

a)

Commercial occupation

b)

Constructive occupation

c)

Direct occupation

d)

Indirect occupation

4.

The buying and selling of goods and services between two or more people within a particular country is called____ trade

a)

Entrepot

b)

Export

c)

Home

5.

The person that commits his financial resources to enjoy a product is called

a)

Consumer

b)

Marketer

c)

Producer

d)

Retailer

6.

The following are factors that make people to lie in business except

a)

Bad upbringing

b)

Honesty

c)

Poverty

d)

Laziness

7.

Shareholders are owners of

a)

Partnership

b)

Sole proprietorship

c)

Limited liability companies

d)

Public enterprise

8.

The initial amount used for starting a business is known as

a)

Cash

b)

Capital

c)

Profit

d)

Discount

9.

Which of the following columns is not part of a journal

a)

Cash

b)

Date

c)

Folio

d)

Debit

10.

Ledger is classified into ______ parts

a)

Five

b)

Four

c)

Three

d)

Two

11.

Ledger is classified into the following except

a)

Cash

b)

Impersonal

c)

Nominal

d)

Personal

12.

Books of original entry are also known as

a)

Cashbook

b)

Journal

c)

Voucher

d)

Voucher

13.

The main reason why an individual engages in business is to

a)

Develop his immediate community

b)

Ensure wide distribution of goods

c)

Execute philantrophic projects

d)

Make a living through profit making

14.

The two main divisions of trade are

a)

Entrepot and export

b)

Home and foreign

c)

Import and export

d)

Retail and wholesale

15.

A Nigerian man who buys goods from Ghana and re-export them to South Africa is engaged in _____ trade.

a)

export

b)

Import

c)

Home

d)

Entrepot

16.

The buying, selling and distribution of goods is categorized under ______ occupation.

a)

Commercial

b)

Constructive

c)

Commercial

d)

Extractive

17.

Which of the following activities aid commerce by keeping goods until they are needed

a)

Banking

b)

Insurance

c)

Transportation

d)

Warehousing

18.

The keyboard of a computer consists of ______ rows

a)

Five

b)

Four

c)

Six

d)

Three

19.

The following are rewards for punctuality and regularity except

a)

High patronage

b)

Increase in losses

c)

Reduction if damages

d)

Increase in sales

20.

A good example of a small office is

a)

Banking hall

b)

Conference hall

c)

Principal's office

d)

Stadium

21.

The buying of right quality and quantity of raw materials are duties of ______ manager.

a)

Administrative

b)

Production

c)

Sales

d)

Purchasing

22.

The third letter on the right hand side of home keys of a computer is ____

a)

D

b)

F

c)

I

d)

J

23.

In a correct sitting posture, fingers are kept on the ______keys

a)

Cursor

b)

Function

c)

Home

d)

Numeric

24.

A similarity between typewriter and computer keyboard is

a)

Carriage

b)

Delete key

c)

Space bar

d)

Ribbon

25.

Office can best be defined as a place where______ activities are carried out

a)

Ceremonual

b)

Recreational

c)

Clerical

d)

Sporting

26.

Numeric keys are found at the. ___ row if the keyboard

a)

Fifth

b)

First

c)

Second

27.

Employees welfare and related matters are handled by ______ manager

a)

Marketing

b)

Personnel

c)

Production

d)

Administrative

28.

Which of these keys is used for creating gap while typing.

a)

Control

b)

Cursor

c)

Delete

d)

Space bar

29.

The uppermost part of the computer keyboard consists of -------- keys

a)

Alphabetic

b)

Control

c)

Nuneric

d)

Function

30.

The person who contributes his capital but does not take active part in the day to day running of the business is called __ partner

a)

Active

b)

Quasi

c)

Dormant

d)

Nominal