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WorksheetsBusiness Studies
Total questions: 30
Worksheet time: 59mins
The process of making goods and services available to the consumers is called
Communication
distribution
Transportation
Advertising
The form of business unit which has a minimum of two and maximum of twenty people is
Co-operative society
Private limited company
Public liability company
Partnership
Civil servants are engaged in
Commercial occupation
Constructive occupation
Direct occupation
Indirect occupation
The buying and selling of goods and services between two or more people within a particular country is called____ trade
Entrepot
Export
Home
The person that commits his financial resources to enjoy a product is called
Consumer
Marketer
Producer
Retailer
The following are factors that make people to lie in business except
Bad upbringing
Honesty
Poverty
Laziness
Shareholders are owners of
Partnership
Sole proprietorship
Limited liability companies
Public enterprise
The initial amount used for starting a business is known as
Cash
Capital
Profit
Discount
Which of the following columns is not part of a journal
Cash
Date
Folio
Debit
Ledger is classified into ______ parts
Five
Four
Three
Two
Ledger is classified into the following except
Cash
Impersonal
Nominal
Personal
Books of original entry are also known as
Cashbook
Journal
Voucher
Voucher
The main reason why an individual engages in business is to
Develop his immediate community
Ensure wide distribution of goods
Execute philantrophic projects
Make a living through profit making
The two main divisions of trade are
Entrepot and export
Home and foreign
Import and export
Retail and wholesale
A Nigerian man who buys goods from Ghana and re-export them to South Africa is engaged in _____ trade.
export
Import
Home
Entrepot
The buying, selling and distribution of goods is categorized under ______ occupation.
Commercial
Constructive
Commercial
Extractive
Which of the following activities aid commerce by keeping goods until they are needed
Banking
Insurance
Transportation
Warehousing
The keyboard of a computer consists of ______ rows
Five
Four
Six
Three
The following are rewards for punctuality and regularity except
High patronage
Increase in losses
Reduction if damages
Increase in sales
A good example of a small office is
Banking hall
Conference hall
Principal's office
Stadium
The buying of right quality and quantity of raw materials are duties of ______ manager.
Administrative
Production
Sales
Purchasing
The third letter on the right hand side of home keys of a computer is ____
D
F
I
J
In a correct sitting posture, fingers are kept on the ______keys
Cursor
Function
Home
Numeric
A similarity between typewriter and computer keyboard is
Carriage
Delete key
Space bar
Ribbon
Office can best be defined as a place where______ activities are carried out
Ceremonual
Recreational
Clerical
Sporting
Numeric keys are found at the. ___ row if the keyboard
Fifth
First
Second
Employees welfare and related matters are handled by ______ manager
Marketing
Personnel
Production
Administrative
Which of these keys is used for creating gap while typing.
Control
Cursor
Delete
Space bar
The uppermost part of the computer keyboard consists of -------- keys
Alphabetic
Control
Nuneric
Function
The person who contributes his capital but does not take active part in the day to day running of the business is called __ partner
Active
Quasi
Dormant
Nominal
