Exam Questions First Term SS 1 Office Practice

OFFICE PRACTICE

S S ONE

SECTION A THEORY

ANSWER FOUR UESTIONS ONLY

1]. Define the term departmentalization

B].List out six departments

C]. Write two functions for each departments listed above

[2]. What is office layout

B]. Differentiate between the types of office layouts

C]. Write two advantages and two disadvantages of the office layouts given above

[3]. Give five factors to be considered when purchasing and office machine

B]. Define business letter

C]. List and explain five parts of a business letter

[4]. List out five staffs in an office and give two duties for each

B]. Define the term ‘mail’

C]. List out the procedures for receiving mails

[5] Define office procedures.

B]. Define ‘MEAN OF PAYMENT’

[C]. What are the importance of office procedures

ECONOMICS

S S ONE

SECTION A THEORY

ANSWER ONE UESTION IN THIS SECTION

[1].

OUTPUT FIXED COST VARIABLE COST TOTAL COST TOTAL REV.

0 100 0 100 ?

1 100 40 140 ?

2 100 64 164 ?

3 100 70 170 ?

4 100 80 180 ?

5 100 96 196 ?

The fixed price of the firms is N45,00

[a]. Calculate the AFC,AVC,AC,AR ANDMR

[B]. At what point did the firm break even

[c]/ What point did the firm make profit

[d]. Did the firm make profit at output

[e] Show your workings clearly

20 marks

[2]. The table below shows the various possible combination of military and civilian goods produced by a country . Use the table to answer the uestions that ollow;

MILITARY GOODS

0 CIVILIAN GOODS

200

20 160

40 120

60 80

80 40

100 0

[A]. Draw the production possibility curve on a graph

[b]. Indicate point S and K at which production is not feasible

[c]. Indicate points M and N at which resources are not efficiently utilized

[d]. What does the downward slope of the PPC indicates

[e]. Why is production not feasible t the point S and K

SECTION B [ ANSWER FOUR UESTIONS ONLY FROM THIS SECTION]

UESTIONS 2 AND 3 ARE COMPULSORY.

[1]Define financial institution

[b] List the differences between commercial and Central banks

[c] List four types of financial institution and explain any three

[2]. Give 3 scholarly definition of economics

[b] List and explain 5 basics concepts of Economics

[c]. Give five reasons why we study Economics

[3] Write on everything you know about the concepts demands and supply

[b]. Explain three motives of holding money

[4]. Define population census and gives its types.

[b]. Define labour market

[5]. Define the following terms and give the formular for each

[b]Marginal revenue

[c] Average revenue

[d]Elasticity of supply