BUSINESS STUDIES PAST QUESTIONS

Which of these is a fixed asset?

An office machine used to store data and to bring out information is called __________

A cheque book is associated with _________

Who keeps the petty cash book?

An example of current assets is _____________

Trade between two countries is known as __________

The following are parts of typewriter EXCEPT __________

Carbon papers are used for

What is the use of a duplicating machine?

The person who co-ordinated other factors of production is called ______

Building, motor vehicle, plants are examples of __________

Which of the following is not a modern form of transportation system?

The reward for capital is _________

Which of the following industries takes raw materials from the earth?

A computer is said to be reliable because it __________

An insurance policy that covers accidents at sea is known as _________

Credit notes are usually printed in _________

When typing, the sound of warning bell indicates _________

A credit  entry in the same account is called ________

The act of posing information from one person to another is known as __________

Another name for cylinder is ___________

Which of the following is not office equipment?

Banking insurance, advertising, communication are known as _______

Things bought to be sold are called _________

The redress of a customer can be any of the following EXCEPT __________

Which of these is NOT a function of an office?

If the expenses of selling and running a business exceed the gross profit, it will result in __________

_________ allows buyers and seller to trade without having physical contacts

__________ is book of original entry

Which of the following is not a current asset?

The factor of production are ______

Oral communication can be made through ________

The movement of people and goods from one place to another is called __________

The payment to a staff after all deductions is called

A person who types in an office is called

Which of the following is not a typewriter’s part?

Which one of these is not a means of payment through the post office?

The two major division of trade are _________

Which of the following is NOT a procedure for drawing up a single business plan?

To protect the platen when typing always, use a _________

The trading account is prepared to determine __________

Which of these is NOT true of a sole proprietorship?

Taxes collected by government on locally made products are known as ___________

The type of cash book which have both bank and cash columns without discount is called

Another bane for producer is ___________

What the business owes the others is called _________

Any activities in which people engage themselves in order to earn a living is termed ___________

An example of intangible assets is _______

All these are methods of payment EXCEPT ______________

All are types of bank account EXCEPT __________

Account used to record minor expenses is

Another name for aids to trade is _________

A business man minimum member of two and maximum of twenty is known as ___________

The insurance policy on goods transported on water is known as __________

Which of the following is NOT a type of insurance policy?

An amount paid for insuring property is known as _______

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

Which of the following is NOT a source document?

What is the document issued by the supplier to indicate settlement of debt?

People care for typewriter in order to _________