First Term Examination Business Studies Basic 8 (JSS 2)

BUSINESS STUDIES 

JUNIOR SECONDARY SCHOOLS

FIRST TERM EXAMINATION

BASIC 8/JSS 2 

SECTION A 

Objectives – Answer all questions. 

 

1. Documents are filed in chronological order when they are arranged according to __________________.

(a) dates

(b) location

(c) alphabets

(d) Numbers

 

2. All but one is not a duty of a receptionist.

(a) receives messages and callers

(b) Receiving visitors

(c) attending to friends

(d) handling the telephone calls

 

3. One of the following registers is used to show the particulars of the postage and the amount spent in postage.

(a) incoming registers

(b) outgoing registers

(c) dispatching book

(d) postage book

 

4. Buying on credit means __________________.

(a) paying immediately

(b) hire purchase

(c) paying later

(d) paying in advance

 

5. Which of the following machines will be useful when dealing with a large volume of letters?

(a) printing

(b) duplicating

(c) franking

(d) photocopier

6. __________________ is a place specially prepared to keep goods before they are distributed.

(a) store

(b) keeping room

(c) corridor

(d) warehouse

 

7. A document sent from the seller to buyer showing the description, quantity, unit price and net value of goods bought is known as __________________.

(a) receipt

(b) invoice

(c) credit note

(d) cheque

 

8. The act of creating public awareness for goods and services is __________________.

(a) warehousing

(b) announcement

(c) information

(d) advertisement

 

9. __________________ is the buying and selling of good and services.

(a) commerce

(b) trade

(c) business

(d) exchange

 

10. Which of the following information is found In a business card?

(a) car number

(b) name of the holder

(c) number of children of the holder

(d) house address of the holder

 

11. The document sent by the seller to the buyer to correct an under charge is called __________________.

(a) credit note

(b) debit note

(c) invoice

(d)statement of a/c

 

12. One of the following is the main branches of trade.

(a) home and domestic

(b) home and foreign

(c) wholesale and retail

(d) hawker and consumer

 

13. Aids to trade are those activities that facilitate __________________.

(a) communication

(b) buying and selling

(c) advertising

(d) consumer

 

14. A document written by the seller to the buyer to correct an overcharge is ……

(a) credit note

(b) debit note

(c) invoice

(d) order

15. __________________ serves an evidence of payment.

 (a) invoice

(b) debit note

(c) credit note

(d) receipt

 

16. The book signed by people who visit an office is known as __________________.

(a) visitor’s book

(b) welcome book

(c) office book

(d) time book

 

17. Goods imported for the purpose of exporting to another country is __________________.

(a) entreport

(b) entresort

(c) entrepreneur

(d) enterpot

 

18. In business, risks are covered through __________________.

(a) insurance

(b) advertising

(c) communicating

(d) bank

 

19. A place where money and other valuable things are kept is called __________________.

(a) bank

(b) cornet

(c) store

(d) warehouse

 

20. __________________ are found in markets and along the streets.

(a) stores

(b) shops

(c) stalls

(d) complex

Section B – Theory

Answer any four questions. 

 

1a. List five ways a receptionist can receive and treat a visitor.

1b. List and briefly describe the documents handled by a receptionist.

 

2a. What is filing?

2b. List five rules for filing.

 

2c. Arrange the following names in order alphabetical filing –

•  Abuja Developmental Council

•  J. R. Gana

•  Sunsweet Bottling Company

•  Daily star Limited

•  Dr. Ayo Aderibigbe

•  Atunrase Carpets

•  Jonavic Media

•  Mr. OsitalWanodi

 

3a. Name five functions of the Nigerian Customs service

3b. Differentiate between a shop and a stall.

3c. How many types of market are there in Nigeria? List them.

 

4a. What are office documents?

4b. What is the difference between a credit note and a debit note?

4c List the sales documents.

4d. List the purchases documents.

4e. An invoice is usually made out in __________________ copies.

 

5a. What is buying?

5b. List three methods of buying.

5c. Explain each method listed above.

GOOD LUCK