SUBJECT: BUSINESS STUDIES
TIME: 2HRS
CLASS: JSS 2
1. A written document issued by a drawer to the bank to pay an amount of money
is called _____ (a) Teller (b) Cheque (c) Cash (d) voucher
2. The processes through which new products are brought to the notice of the
public is known as ______ (a) Commerce (b) transport (c) insurance (d) advertising
3. In communication, the response or reply to a message from the sender to the
receiver is_____ (a) Letter (b) telephone (c) feedback (d) communication
4. Bursar’s office and principal’s office in a secondary school are typical examples
of ____ office. (a) open (b) small (c) large (d) closed
5. ______ is a book of original entry (a) balance sheet (b) trading account (c) journal
(d) bank account
6. ________ can be referred to the situation in which a person says only what is
true (a) honesty (b) truthfulness (c) facts (d) forthrightness
7. One of the following is NOT an aid to trade (a) Banking (b) Insurance (c)
Advertising (d) Stock
8. What is a buyer given for purchasing goods from seller? (a) An order (b) an
invoice (c) a receipt (d) A letter of enquiry
9. _______ is the path through which goods move from the producer to the
consumers (a) channel of distribution (b) advertisement (c) transportation (d)
communication
10. ______ are traders who usually move from one place to the other or from one
street to the other to make their goods available to people (a) sellers (b) traders (c)
hawkers (d) retailers
11. _______ is a person employed to receive and assist visitors in an organization.
(a) manager (b) accountant (c) receptionist (d) marketer.
12. The type of account that we use cheque to with draw from is ______ (a) fixed
deposit (b) cash account (c) current account (d) savings account
13. The following agents are involved in distribution except ______ (a) Producers
(b) wholesaler (c) retailer (d) hawker
14. The following documents facilitates easy transaction when buying and selling
except _____ (a) letter of equiry (b) price list (c) catalogue (d) internet
15. _______ are activities that facilitates trade (a) aids to trade (b) advertising (c)
insurance (d) warehousing
SECTION B
INSTRUCTION: ANSWER ANY THREE (3) QUESTIONS FROM THIS SECTION
1a. Who is a receptionist?
b. Discuss five (5) qualities of a receptionist.
2a. Define office correspondence.
b. Enumerate and explain three (3) types of mail.
3a. What is office document?
b. Differentiate between credit note and debit note.
c. Write short note on any four (4) office documents.
4a. Critically differentiate between home trade and foreign trade.
b. With the aid of diagram, show the divisions of trade.
5a. Define term ‘market’.
b. List and explain three (3) types of market.