BUSINESS STUDIES FIRST TERM EXAMINATION JSS 3

      FIRST 

Examination malpractices may lead to a repeat of the subject or suspensions don’t be involved.

SUBJECT: BUSINESS STUDIES                 TIME: 2HRS  CLASS: JSS  3

SECTION A:  INSTRUCTION: ANSWER ALL THE QUESTIONS IN THIS SECTION 

1. Which of the following documents is issued by a seller to the buyer whenever goods are damaged or undercharged? (a) credit note (b) debit note (c) local purchasing order (d) quotation
2. Which of the following books is handled by a receptionist? (a) attendance register (b) visitors book (c) incoming register (d) outgoing
3. An applicant seeking employment in an organisation should direct his application
   to the _______ office. (a) Accounts (b) personnel (c) production (d) purchasing
   4. Clerical duties are BEST performed in ______ (a) company (b) market (c) ministry (d) office.
   5. How many types of office do we generally have? (a) Five (b) four (c) six (d) two.
   6. The following are methods of handling information in an office except ________   (a) leaking (b) processing (c) receiving (d) recording
4. An advantage of sole proprietorship over other forms of business unit is ______ (a) certificate of trading to commence business (b) limited number of owners (c) shares sold to the public (d) small amount of capital to commence business
5. A form of business unit whose capital is derived mainly from government is _____ (a) cooperative (b) public corporation (c) partnership (d) limited liability company
6. When thinking of setting up a small business, attention must be paid to the following EXCEPT _____ (a) convenience to customers (b) future expansion (c) location of business (d) nearness to bank and post office
7. An office which is run successfully shows that every member of staff works _____ (a) in the office (b) as a team in the office (c) individually in the office (d) in groups in the office 
8. Which of the following is not a reward for being truthful? (a) Bad reputation (b) good reputation (c) promotion (d) useful suggestion 
9. The person that is the sole provider of business capital and suffers losses alone is called a _____ (a) partner (b) salesman (c) trader (d) sole proprietor
10. Mrs Omitunde bought stationeries from a bookshop and pays cash. The book seller will give her _____ (a) an invoice (b) an order (c) a voucher (d) a receipt 
11. The Head of the sales department is _____ (a) purchases manager (b) sales manager (c) personnel manager (d) chief marketer 
12. An insurance policy that covers accidents on sea is known as _____ (a) fire insurance (b) life assurance (c) marine insurance (d) burglary insurance 
13. The following are departments in an organization except _____ (a) purchasing department (b) sales department (c) production department (d) organization department 
14. The space allowed at the edge of a document to make it more attractive is called _____ (a) attraction (b) margin (c) designs (d) orientation 
15. A bookkeeper must possess all the following qualities except ______ (a) he must write clearly (b) he must be doubtful in in calculation (c) he must be intelligent (d) he must be accurate in calculation 
16. The minimum member that you can find in partnership business is ____ (a) two (b) four (c) seven (d) twelve 
17. Creating public awareness about the organization’s product is the responsibility of ______ department. (a) personnel (b) production (c) marketing (d) purchasing 
18. The book signed by the people who visit an organisation is known as _____ (a) visitor’s book (b) welcome book (c) office book (d) time book 
19. Insurer in insurance business is the _____ (a) insurance company (b) agent of the insured (c) broker of the insured (d) risk giver 
20. An introductory card is another name for _____ (a) business card (b) quotation form (c) requisition form (d) inventory form 
21. A business with unlimited number of shareholders is known as _____ (a) sole proprietor (b) private company (c) partnership (d) public company 
22. ______ type of insurance deals with stealing. (a) burglary (b) comprehensive (c) assurance (d) third party 
23. The method of of classifying files are the following except ________ (a) chronological (b) geographical (c) alphabetical (d) sorting 
24. Production is said to be _____ (a) changing the forms of raw materials (b) creation of only services (c) creation of goods (d) creation of goods and services so as to satisfy human wants 
25. One of Nigerian international seaport is in _______ (a) Onitsha (b) Kano (c) Ibadan (d) Lagos 
26. Petty cash book is used to record ______ (a) bank transaction (b) minor expenses (c) staff salary (d) credit sales 
27. A place where correspondence is received and despatched in the office is called ______ (a) personnel office (b) despatch office (c) registry (d) Cash office 
28. Which office machine is used to hold two or more papers together? (a) perforator (b) stapler (c) nail (d) office pin 
29. The process whereby documents are kept for future reference is called _____ (a) bookkeeping (b) filing (c) banking (d) warehousing 
30. The following are expected of receptionist except _____ (a) dedication to duty (b) politeness (c) rudeness (d) tolerance 
31. Which of the following is not part of business studies? (a) commerce (b) office practice (c) bookkeeping (d) mathematics 
32. The source document that serve as evidence that money has been paid is _____ (a) receipt (b) debit note (c) credit note (d) invoice 
33. An office machine used to store data to bring out information is called _____ (a) printer (b) computer (c) typewriter (d) scanner 
34. Which of these is NOT a traditional means of communication? (a) town crier (b) telephone (c) talking drum (d) king heralds 
35. An office machine used to destroy unwanted documents or letters in the office is called? (a) shredding machine (b) perforator (c) computer (d) duplication machine 
36. Handwritten materials which are ready for keyboarding are regarded as _____ (a) carbon paper (b) waste (c) manuscript (d) material 
37. Any activities in which people engaged themselves in order to earn a living is termed _____ (a) promotion (b) communication (c) occupation (d) interest 
38. The type of bank which aids business and individuals in day to day transaction is called _____ bank. (a) central (b) commercial (c) development (d) industrial 
39. Aids to trade are those activities that facilitates _______ (a) communication (b) buying and selling (c) advertising (d) consumers 
40. The mail clerk must ensure that the person who receives the letter ______ the despatch book. (a) tears (b) folds (c) signs (d) sorts 
41. Which of the following is not a function of an office? (a) receiving information (b) recording information (c) assessing information (d) distorting information 
42. One of the following is the main branch of trade. (a) home and foreign (b) home and domestic (c) wholesale and retail (d) hawker and consumer 
43. All goods returned to the supplier due to damage are recorded in _______ (a) sales journal (b) purchases journal (c) return inward journal (d) return outward journal 
44. The advertising media usually found on strategic points along major roads and cities are called _____ (a) billboard (b) journals (c) newspaper (d) handbills 
45. A document which contains pictorial representation of goods for sale and their prices is called ____ (a) invoice (b) price list (c) quotation (d) customer’s order 
46. An envelop sealing machine is most likely to be found in _____ (a) post office (b) supermarket (c) mail room (d) principal’s office 
47. The industries that turn raw materials into finished goods is called _____ (a) mining industries (b) construction industries (c) coal industries (d) manufacturing industries 

SECTION B

INSTRUCTION: ANSWER ANY THREE (3) QUESTIONS IN THIS SECTION 

1.         (a) What is advertising?              (b) Outline eight (8) forms of advertising media. 

             (c) Explain four (4) importance of advertising. 

2.         (a) Define transportation.               (b) List and discuss four (4) modes of transportation. 

             (c) With the aid of diagram, show the flow of communication 

3.         (a) Explain the term “communication”. 

             (b) List three (3) traditional and five (5) modern means of communication. 

              (c) Discuss the importance of communication in business. 

4.           (a) Define business goal.            (b) Explain four (4) factors that enhances business goal. 

               (c) Outline four (4) importance of business goal. 

5.         (a) Differentiate between consumer awareness and consumer protection. 

             (b) Explain four (4) importance of consumer protection. 

              (c) List five (5) benefits of lodging complaints.