1ST TERM EXAMIN ATION 2021/2022

Subject: Business Studies Class: JSS 1 Time:

OBJECTIVES

1. The subject where learners are taught various business activities such as production, buying, and selling of goods
and rendering of services is known as __________ (a)chemistry (b)biology (c)mathematics (d)business studies
2. Representation of words with signs and symbols in business studies is called __________ (a)typing (b)shorthand
(c)long hand (d)Arabic
3. The recording of income and expenditure of an organization for assessment is called ____________(a)Book
keeping (b) economics (c)office management (d) long hand
4. The room in an organization which accommodates large number of workers at the same time is
_________(a)large office (b)cubic office (c)space (d) hallmark
5. The following are the functions of an office except _____ (a)receiving information (b)exposing information
(c)processing information (d) arranging information
6. ____________ is a worker employed to carry out a specific duty without been supervised (a) un skilled worker
(b)unified worker (c)skilled worker (d)quack worker
7. The lowest – class workers performed less – tasking work which requires no training is called _________ (a)unskilled
worker (b)skilled worker (c)tired worker (d)work force
8. ____________ is the art whereby a worker report to duties at the right time (a)devotion (b)contentment (c)effort
(d)punctuality
9. ____________ department sees to matters relating to vehicles belonging to the organization (a)food department
(b)transport department (c)purchasing department (d)music department
10. The following are the department that can be found in an organization except ___________ (a)production
department (b)marketing department (c)aquatic department (d)security department
11. ___________ department sees to the volume, quantity, quality of goods and the number of workers to engage in
production (a)account (b)production (c)personal (d)planning
12. The art of buying and selling of goods and rendering of services for human satisfaction is ___________ (a) trade (b)
bi – cameral (c) multi – lateral (d)communism
13. ____________ is the buying and selling done within the country (a)foreign trade (b)international trade (c) home
trade (d) abroad trade
14. The transformation of raw material into finished goods for human satisfaction is known as __________
(a)examination (b)extraction (c) business (d)production
15. There are __________ factors of production (a)6 (b)1 (c)4 (d)2
16. Production can be divided into the following except ___________ (a)Primary (b)tertiary (c)Polytechnic (d)Secondary
17. ________ is a natural gift of nature (a)Labour (b)Land (c)Capital (d)Entrepreneur
18. The _________ is the owner of the business and coordinator of other factors of production (a)Principal
(b)Entreprenuer (c)Manager (d)Human resources
19. The reward of land is _______ (a)Interest (b)Rent (c)Wages (d)Labour
20. The following are component of business studies except_____ (a)Commerce (b)Typewriting (c)Book keeping
(d)Physics
21. ________ is a room occupied by one or two senior officers of the organization (a)Large office (b)Close office (c)Open
(d)Big office
22. Study Accountancy to become ______ (a)Medical doctor (b)Chemistry (c)Accountant (d)Biologist
23. _______ is a legitimate activity a person does to earn a living (a)Account (b)Occupation (c)Climate (d)Economist
24. There are _______ are the three categories of occupation (a)Industrial, commercial and tertiary (b)Trade,
homeand foreign (c)Commerce, advertising and mint
25. Business studies teaches student to be ______ and not________(a)Fool, wise (b)Book, reader,(c)Economical
extravagant (d)Good, bad
 26. The following are job opportunities for business studies graduate except(a)An accountant (b)An auditor (c)Business
Administrator(d)Nursing
27. _______is the mental and physical ability of the workers put into production of goods and the rendering of services
(a)Labour (b)Wages (c)Mental (d)Strength
28. _______is the bringing out of raw materials and minerals resources from the soil, sea or bush for production
purposes (a)Industrial occupation (b)Commercial occupation (c)Tertiary Occupation (d)Minting Occupation
29. __________is the performing of a task at the right and appropriate time (a)Consistency (b)interest (c) Commitment
(d)Promptness
30. The process of performing a task, the same way at all times is called _______(a)Devotion (b)Consistency (c)Interest
(d)Punctuality
THEORY

Answer three question out of the following question

1. What is business studies

1b. Give four component of business studies

2. Define office

2b. Mention two types of office

2c. Give two functions of an office

3. What is right attitude to work

3b.State four concept of right attitude to work

4. Define Production

4b. State four functions of production

5. Define occupation

5b. state three categories of occupation

 1ST TERM EXAMIN ATION 2021/2022

Subject: Business Studies Class: JSS 3 Time:

1. The reward for capital is (a)Interest (b) Rent(c)Wages/salaries(d)Profit

2. The art of keeping accounts in a regular ad systematic manner is called______(a)Book-keeping
(b)Accounting(c)Capital (c)Double entry
3. The advertising media usually found on strategic points along roads and city centers’ are _______ (a) billboards (b)
journals (c) news papers (d) radio
4. A principal office is an example offices of a _________(a)Departmental (b)Large (c)Sales (d)small
5. The movement of people and goods from one place to other ()Communicator (b)Transportation (c)Advertising (d)
Banking
6. A computer is said to be reliable because_______ (a)Fast (b)Accurate (c)Strong (d)Unique
7. Which of the following is not a source document (a)Delivery note (b)Receipt (c)Debit note (d)Credit note
8. ______ serves as an evidence of payment (a)Invoice (b)Debit note (c)Credit note (d)Receipt
9. The following are various department in an organization except______(a)Organization department (b)Purchasing
department (c)Sales department (d)Personnel department
10. The art of writing that uses signs and strokes to represent spoken sound is called_____(a)Diction (b)Phrase
(c)Shorthand (d)Vowel
11. Business owned by government is called _________ (a)Public corporation (b)Legal company (c)Government property
(d)Partnership
12. Advertising helps to ______(a)Reduces stress (b)Increase sales (c)Increase stock (d)Improve stock
13. A person who buy a product for his or her personal consumption is known as _________ (a)Wholesaler (b)Store
keeper (c)Consumer (d)Agency
14. A department which deals with the staff recruitment, promotion, and welfare is known as ________ (a)Sales
department (b)Personnel department (c)Marketing department (d)Administrative department
15. The person who receives and directs visitors in an organization is called ______ (a)Gateman (b)Clerk (c)Receptionist
(d)Conductor
16. Another name for mail is ______(a)Document (b)Letter (c)Passport (d)Call
17. Which machine could be used to produce exact copy of the original document within the shortest
minutes(a)Computer (b0Camera (c)Photocopy machine(d)Typewriter
18. _____ is the transfer of risk of life and properties (a)Will (b)Banking (c)Transportation (d)Insurance
19. ________ are asset that are not permanent in nature (a)fixed asset (b)Liabilities (c)Current assert (d)Tangible assert
20. In the features of market, there must be a _____(a)Gold and silver (b) Money and cheque(c)buyer and seller(d)Teller
and ship
21. A trading account is prepared to know ______(a)Cost of sales (b)Gross profit or loss(c)Dividend (d)Surplus
22. The financial institution that accept deposit and grant loan to their customers is called _____(a)Central bank
(b)Commercial bank (c)Mortgage bank (d)World bank
23. Production is _______ (a)Satisfaction (b)Creation of utilities (c)Purchasing (d)Consumption of goods
24. _______is reduction in the price of goods in order to encourage customers to buy in large quantities(a)Promotion
(b)Discount (c)Fraud (d)Gift
25. The regular payment made by the insured to the insurer is called ______ (a)Dividend (b)Premium (c)Profit (d)Cash
26. The fastest means of transportation but most likely risky is ______ transportation(a)Road (b)Air (c)Pipeline (d)Rail
27. All these are functios of an office except _______(a)Processing (b)Arranging information (c)Distorting information
(d)receiving
28. Which column of cash book is used for recording description of transaction(a)Folio(b)Particular (c)Date (d)Amount
29. _______ is the mirror of an organization(a)Reception (b)Bursar (c)Receptionist (d)Security
30. All these are career opportunities in business studies except (a)Account (b)Doctor (c)Bursar(d)Stock broker
 THEORY
Answer three out of the following questions
1. What is advertising

1b. Mention four types of advertising

2. Define advertising media

2b. Give six advertising media you know

3. What is communication

3b. Mention four means of communication

4. What is office procedure?

4b. Explain the following documents

i. Invoice
ii. Receipt
iii. Service bill
5. Define business goal

5b. State the five characteristic of business goal