First Term Examination Business Studies JSS 1 JSS 2 JSS 3 Exam Questions Volume 2

 

 

BUSINESS STUDIES 

FIRST TERM EXAMINATION 

JUNIOR SECONDARY SCHOOL 

JSS 1 JSS 2 JSS 3 EXAM QUESTIONS 

 

 

JSS 1 BUSINESS STUDIES EXAM

Section A – Objective Questions

INSTRUCTION – Choose the correct options lettered A – D. 

1. All the followings are components of business studies except ________.

(a) commerce

(b) book-keeping

(c) biology

(d) shorthand

 

2. All these things are usually found in an office except ________.

(a) sand and stone

(b) tables and chairs

(c)computer and printer

(d) filing cabinets

 

3. It is possible for a clerk to do several jobs when working in ________.

(a) the Principal’s office

(b) a big office

(c)the Manager’s office

(d) a small office

 

4. Which of the following is not an office commonly found in an organization?

(a) Staffroom

(b) Account office

(c) Typing room

(d) Bedroom

 

5. Keeping of important information secret is known as ________.

(a) security

(b) confidentiality

(c) leakage

(d) goodwork

 

6. Which of these is not an aid to commerce?

(a) Warehousing

(b) Wholesaling

(c) Insurance

(d) Banking

 

7. ________ are the types of office that we have.

(a) Open/large

(b) Small/closed

(c) large/large

(d) Large/small

 

8. The branch of commerce which safeguards the risk of a business is called ________.

(a) insurance

(b) banking

(c) communication

(d) transport

 

9. The following are the qualities of a clerical staff except ________.

(a) reliable

(b) respectful

(c) honest

(d) pride

 

10. Which of the following is the most common means of transportation in Nigeria?

(a) Air

(b) Pipeline

(c) Water

(d) Road

 

11. Administrative department is headed by ________.

(a)  Personnel Manager

(b)  Administrative Manager

(c) Accountant

(d) transport manager

 

12. The buying and selling of goods and services is known as ________.

(a) trade

(b) distribution

(c) production

(d) commerce

 

13. Someone who performs office duties is known as a ________.

(a) manager

(b) tailor

(c) clerical staff

(d) miner

 

14. Aids to trade include the following except ________.

(a) insurance

(b) trading

(c) banking

(d) advertising

 

15. Crude oil, iron ore, coal etc are examples of products of ________.

(a) tertiary production

(b) manufacturing industry

(c) extractive industry

(d) direct service

 

16. The following are factors of production except ________.

(a) labour

(b) industry

(c) capital

(d) land

 

17. A profession which occupies one’s time and through which one earns his/her living is called ________.

(a) talent

(b) skill

(c) engineer

(d) occupation

 

18. One of the functions of a clerical staff is ________.

(a) commerce

(b) credit note

(c) keeping of files

(d) advertising

 

19. The main reason why an individual goes into business is to ________.

(a) reduce the price of goods

(b) help the poor

(c) make profit

(d) develop the society

 

20. The department which is concerned with the movement of raw materials and finished goods is known as ________ department.

(a) transport

(b) personnel

(c) sales

(d) production

 

 

Section B – Thoery

INSTRUCTION – Answer four (4) questions only.

QUESTION 1

A. Define an office.

B. List five functions of an office.

C. List two types of office we have.

 

QUESTION 2

A. Define the term ‘department’.

B. Mention any five department in an organization.

 

QUESTION 3

A. Define Commerce.

B. What are the activities that facilitate commerce?

C. State any five importance of commerce.

 

QUESTION 4

A. What is home trade?

B. List any five products that are dealt with in a foreign trade.

C. What do you understand by ‘entreport’?

 

QUESTION 5

A. List out the four factors of production.

B. Define Land.

C. Who is an Entrepreneur?

 

 

JSS 1 BUSINESS STUDIES EXAM

Section A – Objective Questions

INSTRUCTION – Choose the correct options lettered A – D. 

1. The last link in the chain of distribution of goods is the ________.

(a) consumer

(b) retailer

(c) middleman

(d) producer

 

2. A ________ buys goods and sells directly to the final consumer.

(a) retailer

(b) distributor

(c) wholesaler

(d) manufacturer

 

3. A ________ buys goods from the producer in large quantities and sells directly to traders in small quantities.

(a) retailer

(b) distributor

(c) wholesaler

(d) manufacturer

 

4. ________ have no permanent shops or stalls, but carry their goods from place to place in search of buyers.

(a) customers

(b) hawkers

(c) stall holders

(d) wholesaler

 

5. ________ are small open enclosures where goods are retailed in small quantities.

(a) Kiosks

(b) Shops

(c) Stalls

(d) Stores

 

6. A buyer who buys goods in small quantities for sale to consumers is called ________.

(a) retailer

(b) distributor

(c) wholesaler

(d) manufacturer

 

7. When cash is paid in exchange for goods/services, a/an ________ is issued to acknowledge the payment.

(a) invoice

(b) voucher

(c) receipt

(d) debit note

 

8. The process through which new products are brought to the notice of the public is known as ________.

(a) advertising

(b) communication

(c) insurance

(d) commerce

 

9. Changing raw materials into finished products is an example of ________ Production.

(a) indirect

(b) secondary

(c) tertiary

(d) primary

 

10. The production process is completed by the ________.

(a) retailer

(b) producer

(c) consumer

(d) wholesaler

 

11. A worker who processes garri is engaging in ________.

(a) extracting

(b) manufacturing

(c) exchange

(d) constructing

 

12. A profession which occupies one’s time and through which one earns his/her living is called ________.

(a) talent

(b) skill

(c) occupation

(d) engineer

 

13. Receiving incoming and dispatching outgoing files as well as tracing of documents are the duties of ________.

(a) sales staff

(b) clerical staff

(c) administrative staff

(d) account staff

 

14. Files are always kept in the ________ in an office.

(a) room

(b) cabinet

(c) box

(d) drawer

 

15. The person who receives visitors in an organization is ________.

(a)  director

(b) receptionist

(c) manager

(d) messenger

 

16. All but one is not the duty of a receptionist?

(a) Receiving and directing visitors

(b) Receiving messages and callers

(c) Attending to friends

(d) Handling the telephone calls

 

17. Buying on credit means ________.

(a) paying immediately

(b) hire purchase

(c) paying later

(d) paying in advance

 

18. Letters coming into an organization from other firms are referred to as ________ mails.

(a) incoming

(b) outgoing

(c) internal

(d) inland

 

19. ________ is the buying and selling of goods and services.

(a) Commerce

(b) Trade

(c) Business

(d) Exchange

 

20. ________ is a place specially prepared to keep goods before they are distributed.

(a) Store

(b) Keeping room

(c) Corridor

(d) Warehouse

 

 

Section B – Thoery

INSTRUCTION – Answer four (4) questions only.

QUESTION 1

1a. Define the term, Aids to Trade.

1b. List the aid to trade

1c. Mention and explain the types of trade.

2a. What are office documents?

2b. List the sales documents.

2c. List the purchases documents

3a. What is a market?

3b. List five features of a market.

3c. List the three types of market that we have.

4a. Outline five qualities of a good receptionist.

4b. Briefly explain the following;

(i) business card (ii) visitors’ book (iii) request form

4c. Outline the types of correspondence book.

5a.  What is an office correspondence?

5b. Write short notes on the following;

(I) Dispatch book (ii) postage book

5c. State five ways by which mails are received by an organization.

 

 

JSS 3 BUSINESS STUDIES EXAM

Section A – Objective Questions

INSTRUCTION – Choose the correct options lettered A – D. 

1. The art of creation of awareness about an organization, its products and services in order to stimulate sales is called ________.

(a) restoration

(b) advertising

(c) transporting

(d) loading

 

2. The media used in advertising are the following except ________.

(a) newspaper

(b) television

(c) bill boards

(d) bank

 

3. ________ is the conveyance of persons, goods and services from one place to another.

(a) Transportation

(b) Motivation

(c) Communication

(d) Derivation

 

4. Communication can be grouped into ________ and ________.

(a) modern and telephone

(b) letter and posting

(c) NITEL and NIPOST

(d) modern and traditional

 

5. SWOT means Strength, weakness, ________ and threats.

(a) organization

(b) orientation

(c) opposition

(d) opportunities

 

6. These are the consumer protection agencies except ________.

(a) APC

(b) SON

(c) CPC

(d) NLC

 

7. Procedures to be followed in writing a business plan are the following except

(a) business proposal

(b) market analysis

(c) bribery and corruption

(d) legal structure

8. In seeking redress, the following can be used except ________.

(a) dialogue

(b) confrontation

(c) consumption

(d) mediation

 

9. The list of items in order of importance or relevance is ________.

(a) choice

(b) opportunity

(c) scale of justice

(d)scale of preference

 

10. ________ is a list of all balances appearing in the books of account.

(a) Trial balance

(b) Trial booking

(c) Liabilities

(d) Assets

 

11. Base items associated with trading account are the following except ________.

(a) purchase

(b) net purchases

(c) sales

(d) banking

 

12. ________ can be defined as notification of the customer to the manufacturer or supplier stating the dissatisfaction experienced when using their product.

(a) Arguments

(b) Complaints

(c) Grumbling

(d) Bullying

 

13. A business owned by 2 – 20 people is called ________.

(a) partnership

(b) limited liability

(c) public enterprise

(d) sole trading

 

14. An insurance policy that covers accident at sea is ________.

(a) accident

(b) fire

(c) life

(d) marine

 

15. The easiest means by which liquids are transported is ________.

(a) airways

(b) pipeline

(c) railway line

(d) waterways

 

16. All the following are commercial banks except ________ bank.

(a) first

(b) central

(c) union

(d) UBA

 

17. Land, water and air are all means of ________.

(a) advertising

(b) exploitation

(c) production

(d) transportation

 

18. Which of the following is the role of advertising?

(a) To transport goods.

(b) To open shops everywhere.

(c) To persuade consumers.

(d) To attract goods.

 

19. Passing or sending information from one place to another is called ________

(a) post office

(b) telephone

(c) letter

(d) communication

 

20. A place where goods are kept until they are needed is called ________.

 

 

Section B – Thoery

INSTRUCTION – Answer four (4) questions only.

QUESTION 1

A. Define Complaints.

B. What are the types of complaints?

C. What are the full meaning of the following acronyms –

• CPC

• NAFDAC

• SON

• NERC

• NCC

 

QUESTION 2

A. Define redress.

B. What are consumers’ rights?

C. Mention ways of seeking redress.

 

QUESTION 3

A. Briefly explain the word Advertising.

B. Mention the types of advertising you know.

C. List five functions of advertising.

 

QUESTION 4

A. What is communication?

B. List two traditional and modern means of communication.

C. List five importance of communication you know.

 

QUESTION 5

A. Explain the term, ‘transportation’.

B. Outline four importance of a good transportation system.

C. List five types of transportation in Nigeria.