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Business Studies JSS2

The document is a promotional examination for Business Studies at Scripture Union International Secondary School for the 2023/2024 academic session. It includes multiple-choice questions, fill-in-the-blank questions, and theory questions covering topics such as banking, accounting, and computer systems. Students are instructed to answer all questions in sections A and B, and select three questions from section C.

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chelaw Richard
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13 views2 pages

Business Studies JSS2

The document is a promotional examination for Business Studies at Scripture Union International Secondary School for the 2023/2024 academic session. It includes multiple-choice questions, fill-in-the-blank questions, and theory questions covering topics such as banking, accounting, and computer systems. Students are instructed to answer all questions in sections A and B, and select three questions from section C.

Uploaded by

chelaw Richard
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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SCRIPTURE UNION INTERNATIONAL SECONDARY SCHOOL

Km1 Eket-Etinan Road, Camp of Favour, Scripture Union Road, Ikot Abia, Okon-Eket
PROMOTIONAL EXAMINATION (2023/2024 ACADEMIC SESSION)
Subject: BUSINESS STUDIES Class: JSS2 Duration: 1 hour, 30 Minutes
Name of Student

Instructions: Answer all questions in section A and B and only three questions in
section C
SECTION A: OBJECTIVE

1. The provision made for protection against loss of property is (A) tourism (B) transport (C)
banking (D) insurance
2. A fix amount of money paid by the insured to the insurer is called (A) premier (B) premium
(C) insurable interest (D) none of the above
3. A money borrowed by a person from a bank is (A) loan (B) grant (C) cash (D) all of above
4. One of the following account uses cheque for withdrawal (A) savings account (B) fix
deposit account (C) current account (D) credit account
5. An account for keeping money away for a specified period of time is (A) savings account
(B) fix deposit account (C) current account (D) credit account
6. The final link in the channel of distribution is the (A) consumer (B) producer (C) agent (D)
middlemen
7. One of the following sells goods in small quantity to the retailer (A) agent (B) consumer (C)
wholesaler (D) middlemen
8. The types of wholesaler sum up to (A) 3 (B) 4 (C) 5 (D) 2
9. Traders who move the wares from place to place are known as (A) hawkers (B) kiosk
owners (C) stall holders (D) supermarket
10.A small enclosure found by street sides that retails goods are (A)hawkers (B) kiosk owner
(C) stallholders (D)supermarket
11.Large sale retailers are usually found in _____________ (A) Cities (B) Villages (C) Towns (D)
All of the above
12.The method of buying is equal to ____________ (A) 3 (B) 4 (C) 5 (D) 2
13.Selling of goods by public bidding is referred to as ____________ (A) Auction (B)
Inspection (C) Description (D) Sample
14.The method where a person is allowed to taste the product before buying is ____________
(A) Sample Method (B) Auction (C) Description (D) Inspection
15.Goods bought whose payment is deferred to as ____________ (A) Cash Buying (B) Sample
Buying (C) Credit Buying (D) All Of The Above
16.There are ____________ types of cashbook. (A) 4 (B) 3 (C) 5 (D) 2
17.Cash Discount is a feature of ____ cashbook (A) Petty (B) Two Column (C) Three Column
(D) Single
18.A _____ cashbook consist of only cash end bank columns (A) Petty (B) Two Column (C)
Single Column (D) Dot-matrix Column
19.A ____ cashbook records only small expenses (A) Petty (B) Two Column (C) Dot-matrix
(D) Single Column
20.One of the following system supports the petty cashbook operation (A) Imprest System
(B) Junk System (C) Portfolio System (D) None Of The Above
SECTION B – OBJECTIEVES
21.Ledger account can be classified into ______________broad categories.
22.Real account relates to ______________ and ______________.
23.Nominal account relates to ______________ and ______________.
24.______________ are unprocessed raw facts.
25.The result of data processing is called ______________.
26.Data sent to the computers for processing is called ______________.
27.______________ is used for entering photographic data into the computer.
28.______________ computers device looks like the television set .
29.The output of the printer is called the ______________ .
30.______________ is referred to as the brain of the computer.
SECTION C – THEORY
QUESTION 1
Mention five (5) advantages of the computer system
QUESTION 2
Highlight five ways for caring for the computer’s hardware.
QUESTION 3
Use the information below to prepare a single/one column cashbook.
₦
1/1/2023 Capital 150,000
4/1/2023 Cash Sales 29,000
10/1/2023 Purchases Sales 20,000
15/1/2023 Paid Rent in Cash 24,000
31/1/2023 Cash Sales 5,000
QUESTION 4
a. List and explain the two types of impersonal account
b. Define ledger
QUESTION 5
Write short notes on the following:
a. System Unit
b. Joystick
c. Keyboard
d. Mouse
e. Printer

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