CABAX INTERNATIONAL SCHOOLS

ISTTERM EXAMINATION FOR 2024/2025 ACADEMIC SESSIONSUBJECT: BUSINESS

1. A unit set up to perform a specific task in an organization is known as ____ (a) marketing (b)
office (c) department (d) firm
2. A place where clerical and administrative works are done is called _____ (a) market (b)
department (c) office (d) branch
3. Career opportunities in business studies include all the following except (a) stock broker (b)
nurse (c) accountant (d) banker
4. All the following are importance of business studies except (a) it provides opportunities for
gainful employment (b) it helps students to acquire some basic skills (c) it offers training to
the scientist (d) it is a means of earning a living
5. A business studies student can become any of the following except (a) accountant (b) sale
representative (c) engineer (d) a marketer
6. Which of the following is not a branch of business studies? (a) commerce (b) accounting &
book-keeping (c) office practice (d) chemistry
7. All the following are the functions of a personnel department except (a) recruitment of staff
(b) training of workers (c) sanctioning of an irregular worker (d) purchasing the raw materials
needed for production
8. There are two types of offices namely small office and ______ office (a) little (b) medium (c)
beautiful (d) large
9. A person that keeps records of an office is known as (a) principal (b) gatekeeper (c) cleaner
(d) clerk
10. ________ is not a function of an office (a) distorting information (b) receiving information (c)
giving information (d) communicating information
11. A person employed to type office document by using typewriter is called ______ (a) typist
(b) operator (c) lawyer (d) doctor
12. Home trade is divided into wholesale trade and ____ trade (a) commerce (b) consumer (c)
retail (d) producer
13. Which of the following is the same as a clerk (a) office assistant (b) managing director (c)
auditor (d) accountant
14. The functions of administrative office include (a) formulating policies (b) advertising goods
produced (c) marketing of goods (d) employing new staff
15. The qualities of a clerical staff include all the following except (a) he must be sluggish (b)
honest and reliable (c) ability to speak frequently (d) good education
16. Confidentiality of office information means (a) keeping official information (b) exposing the
information (c) distorting information (d) leaking the information
17. A person with a right attitude to work will possess all the following characteristics except (a)
lateness (b) interest (c) commitment (d) punctuality
18. Which of the following cannot be used a s a reward for positive attitude to work (a)
demotion (b) promotion (c) respect (d) increase in salary
19. Negative attitude to work has all the following characteristics except (a) promotion (b)
depression (c) failure (d) anxiety
20. Punctuality means (a) to arrive to work as early as possible (b) to be late to work (c) to wake
up lately (d) to eat lately
21. Irregularity at work may attract (a) favour (b) punishment (c) promotion (d) transfer
22. The department that is responsible for keeping the records of the financial transaction is
called (a0 marketing department (b) purchase department (c) accounting department (d)
production department

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23. Which of the following function is not performed by accounting department (a) recording
business transaction (b) keeping account (c) establishing internal control (d) advertising the
goods of the firm
24. Which department sells the goods of an organization? (a) sales department (b) production
department (c) advertising department (d) account department
25. The department which deals with recruitment of workers in an organization is called (a)
sales department (b) personnel department (c) production department (d) account
department
26. The act of buying and selling of goods and services is called _____ (a) barter (b) commodity
(c) trade (d) aids to trade
27. The buying and selling of goods with a country is called ________ (a) export trade (b)
bilateral trade (c) foreign trade (d) home trade
28. The movement of people and goods from one place to another is called (a0 tourism (b)
transportation (c) communication (d) information
29. Which of the following is not used on land? (a) motor van (b) ship (c) bicycle (d) lorry
30. Which of the following helps to create awareness about a particular product? (a)
transportation (b) advertising (c) communication (d) ware housing
31. Trade between two or more countries is called (a) home trade (b) foreign trade (c) local
trade (d) distributive trade
32. A place where goods are kept until they are needed is (a) market (b) ware house (c) church
(d) school
33. Which of the following is not a part of a computer? (a) mouse (b) windscreen (c) keyboard
(d) monitor
34. The component of business studies that deals with trade and aids to trade is called (a) office
practice (b) commerce (c) keyboarding (d) computer
35. _____ is the result of doing things (a) favour (b) reward (c) promotion (d) regularity
36. Which department takes care of salaries and wages in an organization? (a) transport (b)
account (c) personnel (d) production
37. The aid to trade that make fund available for businessmen is known as _____ (a) insurance
(b) banking (c) communication (d) advertising
38. A section in an organization that is designed for a particular task is called (a0 branch (b)
department (c) office (d) market
39Another name for home trade is (a) foreign trade(b) hidden trade (c) domestic trade (d)
international trade
40 Buying and selling of goods is usually carried out in the ____ (a) mosque (b) market ( C)
church (d) ocean

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CABAX INTERNATIONAL SCHOOLS
ISTTERM EXAMINATION FOR 2024/2025 ACADEMIC SESSIONSUBJECT: BUSINESS
STUDIES CLASS: JSS2
OBJECTIVES:Answer all questions

1. One of these office documents is used to correct an overcharged (a) debit note (b) invoice (c)
credit note (d) business card
2. Importation of goods from another country with the aim of re-exporting it to another
country is referred to as ___ (a) Excise (b) exportation (c) entrepot (d) franchise
3. A person who works at the reception office of an organization is called a (a) teacher (b)
receptionist (c) suitor (d) typist
4. A market where short term funds are raise is called ___ (a) capital market (b) money market
(c) commodity market (d) foreign exchange market
5. Personal qualities of a receptionist include all except (a) politeness (b) dirtiness (c) neatness
(d) confidence
6. _______ is not a column in the visitor’s book (a) time out (b) who to see (c) what to eat (d)
address
7. A visitors’ book is used to (a) record sales of the organization (b) record mails sent out (c)
record information about visitor (d) record daily transaction
8. A document that flow in and out of an organization is known as (a) register (b) brochure (c)
record (d) correspondence
9. _______ contains several organization's address and more information on how to get across
to them (a) despatch book (b) complimentary card (c) postage card (d) directory/address list
10. Which of the following is not a purchase document? (a) purchase order (b) quotation (c)
credit card (d) advertising order
11. Which of the following is an essential information on an invoice? (a) amount debited (b)
amount credited (c) reasons for debit (d) details of goods purchased
12. Which of the following is used for making payment? (a0 purchase order (b) delivery note (c)
invoice (d) cheque
13. Trade is the act of (a) buying and selling (b) sleeping and walking (c) running and jumping (d)
eating and drinking
14. When trade exist within the boundaries of a country, it is called (a) home trade (b) foreign
trade (c) import trade (d) export trade
15. One of the following is not a type of bank account (a) savings account (b) current account (c)
Hilda account (d) fixed deposit account
16. A trade between one country and another is called (a) foreign trade (b) home trade (c) local
trade (d) government trade
17. Who among these persons buy goods in large quantities from the manufacturer? (a)
wholesaler (b) retailer (c) consumer (d) agent
18. Buying goods in small quantities is one of the function of (a) retailer (b) agent (c) wholesaler
(d) manufacturer
19. Auxiliary to trade simply imply (a) things that help trade to function well (b) things that
government (c) things that cause delay in trade (d) things that are scarce
20. _____ is an aid to trade that helps to make goods known to the general public (a0
advertising (b) banking (c) tourism (d) E-commerce
21. The maker of a product is called (a) producer (b) consumer (c) retailer (d) middlemen
22. A place where goods and services are bought and sold is called (a) market (b) building (c)
complex (d) bank
23. Who among the following makes use of the goods produced by a farm? (a) consumer (b)
manufacturer (b) retailer (d) wholesaler
24. ______ is a place for selling raw materials and finished goods (a) commodity market (b) free
market (c) shop (d) foreign exchange market

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25. The process by which goods and services produced reach the consumers is called (a)
contribution (b) distribution (c) distillation (d) privatization
26. The middlemen between the wholesaler and the consumer in the chain of distribution is the
(a) producer (b) wholesaler (c) retailer (d) consumer
27. The final end of the chain of distribution is the (a) producer (b) wholesaler (c) retailer (d)
consumer
28. The wholesaler and the retailer are known as (a) middlemen (b) cooperative society (c)
receptionist (d) public servants
29. _______ account attracts interest (a) current (b) savings (c) dormant (d) overdraft
30. Which of the following is a financial institution? (a) school (b) hospital (c) bank (d) football
club
31. Goods or service can be advertised through all the following except (a) television (b) radio (c)
newspaper (d) sales day book
32. A place where goods are kept until they are needed is called (a) retail outlet (b) warehouse
(c) department (d) office
33. Another name for foreign trade is (a) export trade (b) international trade (c) import trade (d)
entre port
34. Which of the following trade involves more than two countries? (a) bilateral trade (b)
multilateral trade (c) unilateral trade (d) barty
35. Which of the following is not bought and sold in the capital market? (a) shares (b) stock fish
(c) stock (d) debentures
36. The cat of receiving and sending messages from one person to another is called (a)
information (b) communication (c) transportation (d) exchange
37. The provision made against losses is termed (a) savings (b) insurance (c) tourism (d)
warehousing
38. Which of these means of transportation is not suitable to more goods to other places by
road? (a) lorry (b) ship (c) car (d) van
39. The sale of goods to other countries is called (a) import (b) export (c) entreport (d) transport
40. Which of the following is not classified as other valuables? (a) jewelries (b) stones (c)
document (d) wills

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CABAX INTERNATIONAL SCHOOLS
ISTTERM EXAMINATION FOR 2024/2025 ACADEMIC SESSIONSUBJECT: BUSINESS
STUDIES CLASS: JSS3
OBJECTIVES:Answer all questions
1. All the following are examples of transportation by water except (a) tramp streamer (b)
coaster (c) ocean line (d) pipeline
2. Electric current can be transmitted through (a) air (b) road (c) water (d) cables
3. All the following are the cause of hold up on the high way except (a) hakers (v) accident (c)
smoothness or road (d) faulty cars
4. The act of making the existence of a product or service known to the public is known as (a)
communication (b) advertising (c) transportation (d) tourism
5. Which of the following is not an aid to trade? (a) information (b) warehousing (c)
communication (d) banking
6. The process by which old and new product in the market are made known to the customer
care s called (a) communication (b) advertising (c) evaluation (d) rapid selling
7. An aid of trade which makes it possible for buyers and sellers to be brought into close
contact is called (a) advertising (b) communication (c) transportation (d) tourism
8. All the following are importance of transportation except it (a) expands the scope of the
market (b) enhances the speed at which goods are delivered (c) all of the above (d) it creates
scarcity
9. Traders in Lagos can move their goods to Kaduna through (a) banking (b) warehousing (c)
transportation (d) communication
10. Which of the following is suitable for carrying bulky goods (a) bicycle (b) canoe (c) motor
vehicle (d) train
11. All the following are types of advertising except (a) informative advertising (b) persuasive
advertising (c) competitive advertising (d) direct advertising
12. Which of the following types of advertising enables customer to buy goods of a particular
brand? (a0 informative advertising (b) competitive advertising (c) circular advertising (d)
persuasive advertising
13. Which of the following is an advantages of television as an advertising media? (a) sound only
(b) picture media (c) colour only (d) both picture and sound
14. All the following are importance of transportation except it (a) expands the scope of the
market (b enhances the speed at which goods are delivered (c) all of the above (d) it creates
scarcity
15. The fastest means of transportation is by (a) plane (b) motor vehicle (c) ship (d) bicycle
16. Which of these means of transportation is not suitable for transporting perishables goods?
(a) ship (b) plane (c) train (d) motor vehicle
17. Crude oil is best conveyed through (a) pipeline (b) bicycle (c) wire (d) motor van
18. What is he full meaning of NITEL ? (a) Nigeria Television (b) Nigeria National Assembly
(c)National television (d) Nigeria Telecommunication Limited
19. Which of the following is not a disadvantage of road transportation? (a) it provides door to
door services (b) it can result to accident (c) it creates hold up (d) it creates congestion
20. Which of these aids to trade enables buyers and sellers to be brought into contact? (a)
communication (b) transportation (c) information (d) banking

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21. Which of the following is not performed by post offices? (a) waste packages (b) sending
express letter (c) redirection of mail (d) sending registered letter
22. What is the full meaning of P.O box? (a) Post Office Box (b) Provost mail box (c) Private
Mathematics box (d) Private Management box
23. What is the full meaning of P.M.B? (a) Private Mail Bag (b) Primary Management Book (c)
Private Monotonous Book (d) Private Mail Book
24. Individuals and Institutions engaged in the transmission of information are called (a) agents
of communication (b) agents of distribution (c) clearing and forwarding agents (d) del
credere agent
25. The factors that have the potential to negatively affect an organization is known as (a) threat
(b) tension (c) torture (d) thrust
26. The acronym SWOT stand for (a) Sensation, Water, Offshore and Tent (b) Strength,
Weakness, Opportunity and Threat (c) Sensation, White, Opportunity and Table (d) none of
the above
27. ________ determines what the organization excels at (a) weakness (b) threat (c) strength (d)
opportunity
28. _______ stops an organization from performing at its optimum level (a) strength (b)
opportunity (c) threat (d) weakness
29. A business goal must be (a) achievable (b) fictitious (c) unattainable (d) unrealistic
30. The buying and selling of goods and services is called ______ (a) advertising (b) trade (c)
barter (d) marketing
31. Which of the following is used in the olden days as a means of communication? (a) magazine
(b) radio (c) smoke signal (d) telephone
32. A place where goods are kept until they are needed is called (a) room (b) cave (c) factory (d)
warehouse
33. One of the these does not influence the choice of transport (a) nature of goods (b) newness
of goods (c) weight of goods (d) degree of urgency
34. The following are means of transport except (a) air (b) skyscraper (c) pipeline (d) road
35. The activities that ensures that production is complete is (a) communication (b)
transportation (c) advertising (d) banking
36. Land transport is divided into (a) road and trailer (b) road and rail (c) rail and pipeline (d) rail
and train
37. One of these is not suitable for road transport (a) light goods (b) heavy and bulky goods (c)
goods requiring door to door delivery (d) goods to delivery to isolated villages
38. ______ is designed for carrying goods by air (a) Bus (b) the aeroplane (c) ship (d) ferry
39. In Nigeria, advertising though reaches the widest audience (a) television (b) radio (c) the
internet (d) the news paper
40 The user of goods produce by a firm is referred to as __ (a) manufacturer (b) retailer (c)
wholesaler (d) consumer

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