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Business Studies Exams Y7

Total questions: 50

Worksheet time: 25mins

Name
Class
Date
1.

Which of the following is not an importance of business studies? It

a)

Creates employment opportunities for people

b)

enables us to know the essence of keeping accounting records

c)

helps to provide the basic skill necessary to function as an activist

d)

helps to improve the standard of living of the people

2.

An organization where clerical activities of an organization are planned, coordinated and controlled is called a/an

a)

department

b)

office

c)

play ground

d)

village square

3.

The size of an office can be determined by

a)

intellectual capability of the manager

b)

nature and volume of business activities carried out in the office

c)

the number of visitors it plays hosts to

d)

the state of origin

4.

An office that is not shared by all members of staff is called

a)

banking hall

b)

large office

c)

open registry

d)

small office

5.

in a closed office,

a)

noise made by workers can disturb concentration

b)

the absence of staff is easily noticed

c)

visitors can distract the workers

d)

workers have better concentration

6.

One of the desired personal qualities a staff must possess before he/she can fit into an organization include the following except

a)

simple etiquette

b)

neatness

c)

sound health

d)

punctuality

7.

An honest clerk is

a)

a deceitful worker

b)

fraudulent

c)

one who discharges hi/her duties sincerely

d)

one who is disloyal and disobedient

8.

The impacts of devotion to duty by workers include the following except

a)

deteriorated standard of living is encouraged

b)

devoted worker improves the productivity of an organization

c)

it encourages efficiency and discourages wastage

d)

motivation given to the devoted worker encourages lazy worker to work hard

9.

Which of the following is not a consequence of negative attitude to work by an employee?

a)

Dismissal

b)

promotion guaranteed

c)

query

d)

suspension

10.

The promotion and dismissal of workers is the sole responsibility of .............................. department

a)

accounts

b)

advertising

c)

personnel

d)

sales

11.

The movement of goods from one location to another is handled by ....................... department

a)

accounts

b)

production

c)

sales

d)

transport

12.

Which of the following information can be obtained from the sales department of an organization? The

a)

amount of goods sold daily

b)

number of daily visitors to the firm

c)

number of outgoing mails

d)

salaries of workers

13.

The records of the profits and loss of an organization can be found in ............. department

a)

accounts

b)

advertising

c)

personnel

d)

sales

14.

The marketing of an organization's product is the responsibility of .............. department

a)

advertising

b)

personnel

c)

production

d)

sales

15.

The act of producing electronic or printed characters by manipulating fingers on a machine meant for that purpose is called

a)

booting

b)

collation of data

c)

keyboarding

d)

punch card system

16.

The ................... welcomes visitors to the organization

a)

bursar

b)

clerk

c)

receptionist

d)

typist

17.

Which of the following is not a quality of a receptionist?

a)

confidentiality

b)

fluency

c)

politeness

d)

rudeness

18.

A document that serves as proof of payment is called

a)

bank draft

b)

cheque

c)

invoice

d)

receipt

19.

Which of the following sales document accompany goods transported to the customer?

a)

catalogue

b)

delivery note

c)

order form

d)

receipt

20.

The following are source documents except

a)

cash book

b)

credit note

c)

debit note

d)

invoice

21.

The ledger is divided into how many parts?

a)

5

b)

6

c)

4

d)

2

22.

Which of the following examples of occupation provides indirect service to the public?

a)

house keeping

b)

sanitation

c)

music

d)

medicine

23.

The reward of capital as a factor of production is

a)

interest

b)

profit

c)

rent

d)

salary

24.

The buying and selling of goods and services between two or more countries is called .............. trade

a)

entrepot

b)

export

c)

import

d)

foreign

25.

The conversion of raw materials into finished goods is categorized under ............... production

a)

constructive

b)

commercial

c)

extractive

d)

secondary

26.

Chemicals transferred from one container to another must be properly ............ to give adequate information to its users

a)

hidden

b)

labelled

c)

sourced

d)

transported

27.

A sole proprietorship form of business has the following features except that it

a)

comes to a halt once the owner is dead

b)

confers the risk and profit on its owner

c)

enjoys privacy in its operation

d)

requires huge capital to set up

28.

An applicant seeking employment should direct his application to the ......................... office

a)

accounts

b)

personnel

c)

production

d)

sales

29.

Mr. Odey is the owner of a memorial hospital. Which form of business unit does the hospital belong to?

a)

cooperatives

b)

limited liability company

c)

partnership

d)

sole proprietorship

30.

In land transportation, rails are used by ...............

a)

bicycles

b)

cars

c)

motorcycles

d)

trains

31.

In a construction industry, cement is considered as a/an

a)

finished product

b)

raw material

c)

manufactured goods.

d)

partly finished goods.

32.

pipelines are used to transport?

a)

goods, water and gasses

b)

oil, gasses and water

c)

water, gasses and goods

d)

water, oil and goods

33.

Farming is an example of .................................. occupation

a)

commercial

b)

extractive

c)

constructive

d)

service

34.

The document sent by a seller to a customer when there is an overcharge is called

a)

Credit note.

b)

Debit note

c)

Invoice.

d)

Receipt.

35.

Books of original entry are also known as

a)

journal

b)

petty cashbook

c)

receipt.

d)

Voucher.

36.

Identification of customer’s needs is the function of ……….department

a)

marketing

b)

purchasing

c)

transport

d)

personnel

37.

The relevance of business studies to the students is for

a)

agricultural development.

b)

automobile servicing.

c)

technological advancement.

d)

vocational skills

38.

A right attitude to work can be defined as a situation where workers carry out their duties

a)

forcefully

b)

occasionally.

c)

positively.

d)

sluggishly.

39.

The following are functions of an office except……..information.

a)

arranging

b)

processing

c)

storing

d)

zapping

40.

The two basic types of office are small and

a)

large.

b)

long.

c)

medium.

d)

open.

41.

The following are rewards for punctuality and regularity except

a)

high patronage.

b)

increase in losses.

c)

increase in turnover.

d)

reduction of damages.

42.

Office can best be defined as a place where…………………activities are carried out.

a)

clearing

b)

clerical

c)

recreational

d)

sporting

43.

The initial amount used in starting a business is known as

a)

Capital.

b)

Cash.

c)

Current liabilities.

d)

Long term loan.

44.

Which of the following chemical characteristics is suitable for home use?

a)

Poisonous

b)

Irritating

c)

Healthy

d)

Harmful

45.

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

a)

partnership business.

b)

private limited company.

c)

public enterprise.

d)

public limited liability Company.

46.

Shareholders are the owners of

a)

joint ventures.

b)

limited liability companies

c)

partnership.

d)

sole proprietorship.

47.

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

a)

honesty

b)

laziness

c)

poverty

d)

wickedness

48.

Civil servants are engaged in

a)

constructive occupation.

b)

direct services.

c)

indirect services.

d)

industrial occupation.

49.

The main reason why an individual engages in business is to

a)

ensure wide distribution of goods

b)

make a living through profit realization.

c)

execute philanthropic

d)

make prices of goods cheaper.

50.

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

a)

consumer

b)

producer.

c)

retailer.

d)

trade