Business Studies Third Term Continous Assessment Questions 2019/2020 Session – Junior Secondary School (JSS 1, JSS 2)

EDUDELIGHT SECONDARY SCHOOL

1 BENSON AVENUE, LEKKI PHASE 1, LAGOS.

THIRD TERM CONTINOUS ASSESSEMENT 2019/2020

SUBJECT: BUSINESS STUDIES         CLASS: JSS1        TIME:1HOUR

  1. The document sent by the seller to a customer when there is an overcharge is called           (a) cheque book  (b) credit note  (c) invoice  (d) receipt
  2. The document which contains a written order to a bank to pay a stated sum of money to a named person is called  (a) cheque  (b) credit note  (c) receipt  (d) debit note
  3. The document issued when cash  transaction is made as an evidence of payment is called  (a) cheque book  (b) invoice  (c) receipt  (d) credit note
  4. A document used to record day to day business activities is called  (a) ledger  (b) invoice      (c) journal  (d) cheque
  5. ———————– journal is used to record credit purchase in business  (a) sales  (b) purchase  (c) cheque  (d) invoice
  6. The following are source documents except  (a) cheque  (b) journal  (c) credit note  (d) debit note 
  7.  The ledger containing the  account of debtors and creditors is known as  (a) impersonal  (b) nominal  (c) personal  (d) private
  8. The colour of the credit note is  (a) blue  (b) red  (c) yellow  (d) brown
  9. The source document for preparing the purchase is  (a) invoice  (b) cheque  (c) credit note  (d) debit note  
  10. The sum total of keys on the computer is called  (a) keyboard  (b) monitor  (c) programs  (d) system

PART B

ANSWER ANY TWO QUESTIONS

  1. Define source document                           1mk

  b.  List four source documents you know    4mks

2a.  What is a journal?                                      1mk

  b.   State four contents of a receipt             4mks

3a.   What is an asset?                                      1mk

   b.  Give four examples of a fixed assets      4mks

EDUDELIGHT SECONDARY SCHOOL

1 BENSON AVENUE, LEKKI PHASE 1, LAGOS.

THIRD TERM CONTINOUS ASSESSEMENT 2019/2020

SUBJECT: BUSINESS STUDIES         CLASS: JSS1        TIME: 1HOUR

  1. ———————– is the art of manipulating your fingers on a machine specifically designed to form typewritten words  (a) computer  (b) business studies  (c) keyboarding  (d) machine
  2. The typewriter was invented in the year   (a) 1822  (b) 1829  (c) 1978  (d) 2007
  3. From the middle ages and until the industrial age, the art of writing was done  through the use of  (a) biro and pencil  (b) needle and thread  (c) ink and biro  (d) ruler and pencil
  4. The art of manipulating the computer keys to     produce information  is called               (a) drilling  (b) formatting  (c) keyboarding  (d) programming
  5. A similarity between the computer and typewriter is that they both have  (a) carriage   (b) margin stop  (c) platen knob  (d) pointer
  6. How many English alphabets are on the computer key board?  (a) 4  (b) 62  (c) 26  (d) 24
  7. Numeric keys that are found at the upper part of the computer keyboard comprise of —————— digits  (a) 5  (b) 9  (c) 12  (d)10
  8. Which of the following is useful in caring for a computer and its accessories?  (a) avoid servicing  (b) dusty room  (c) litter garbage  (d) proper ventilation
  9. The following are keys on the computer  keyboard except ——————– keys  (a) accounting  (b) alphabet  (c) arrow  (d) numeric
  10. The computer keyboard can be called a/an ————— device(a) input  (b) memory      

(c) storage   (d) output

PART B

ANSWER ANY TWO QUESTIONS

  1. List five importance of key boarding                         5mks
  2. State five parts of the computer keyboard              5mks
  3.   List five parts of the typewriter                                5mks

EDUDELIGHT SECONDARY SCHOOL

1 BENSON AVENUE, LEKKI PHASE 1, LAGOS.

THIRD TERM CONTINOUS ASSESSEMENT 2019/2020

SUBJECT: BUSINESS STUDIES         CLASS: JSS2        TIME: 1HOUR

  1. ————————— is used to record small and minor expenses in an organization  (a) cash book  (b) journal  (c) petty cash book  (d) source documents
  2. The officer in charge of the petty cash book is the ———————  (a) manager  (b) petty cashier  (c) accountant  (d) receptionist
  3. ———————– book is used to record cash receipt and cash payment in business  (a) petty cash book  (b) journal  (c) cash book  (d) reception
  4. The following are columns in the single column cash book except  (a) date  (b) particular  (c) discount  (d) folio
  5. In book keeping, ‘Dr’ means  (a) debtor  (b) creditor  (c) debit  (d) credit
  6. A situation in which the imprest given to the petty cashier is increased to take care of more petty expenses is called  (a)   banking  (b) reimbursement  (c) refinement  (d) float
  7. The money given to the petty cashier to settle small expenses in an organization is called  (a) reimbursement  (b) refinement  (c) float  (d) cash
  8. NP means ———————  (a) new page  (b) new paragraph  (c) new pin  (d) new print
  9. ‘Ref’ in a manuscript means ———————  (a) referee  (b) reference  (c) review  (d) relief
  10. Trs in a manuscript means  ————————–  (a) transgression  (b) transpose  (c) transport  (d) travel

PART B

ANSWER ANY TWO QUESTIONS

  1. What is a petty cash book?               1mk

                               b.   List four items in the petty cash book      4mks

                              2.     Prepare a single column cash from the information below

                                      May 3- cash in hand                                                 225.70

                                      May 5- paid Dada in cash                                          50.00

                                      May 6- received cash from Bimbo                             60.00

                                      May 8- cash sales                                                        150.00

                                      May10- paid rent in cash                                              30.00

                                      May 20- purchase goods by cash                                220.00

                                       May 23- cash sales                                                         305.00

3.Give the meaning of the following correction signs   

  1. C.O.D
  2. E.&O.E
  3.      shd          

EDUDELIGHT SECONDARY SCHOOL

1 BENSON AVENUE, LEKKI PHASE 1, LAGOS.

THIRD TERM CONTINOUS ASSESSEMENT 2019/2020

SUBJECT: BUSINESS STUDIES         CLASS: JSS2        TIME:1HOUR

  1. When using indented paragraph, —————– spaces are left to the right of the second and subsequent lines  (a) five  (b) four  (c) six  (d) two
  2. Memorandum is used   (a) between different organization   (b) by two companies only  (c) to communicate between different government institution  (d) within an organisation
  3. When typing a document in hanging paragraph, the second and subsequent lines are typed ——————— spaces to the right of the first lines  (a) eight  (b) five  (c) four  (c) two  (d) six
  4. Stet in manuscript means  (a) change the position of the word  (b) change the word  (c) delete the word crossed  (d) retain the word crossed
  5. The following shows the importance of office procedure except that it  (a) allows for better coordination of activities  (b) create friction between staff and organization  (c) promote a better flow of work in the office  (d) reduces the general cost of running business
  6. How many alphabetic keys can be found on the keyboard?  (a) 26  (b) 22  (c) 18  (d) 20
  7. ———————- is what an individual or organization owns  (a) asset      (b) liabilities  (c) expenses  (d) income
  8. What an organization own to outsiders is called  (a) asset  (b) liability     (c) expenses  (d) income
  9. ———————- is an example of current asset  (a) debtor  (b) liability   (c) asset  (d) income
  10. A similarity between the computer and typewriter is that both have  (a) carriage  (b) margin stop  (c) platen knob  (d) space bar

PART B

ANSWER ANY YWO QUESTION

  1. What is a paragraph?                                                       2mks

b.   State three types of paragraph                                          3mks

2a. What is a memorandum                                                   1mk

2b.  List four features of a memorandum                            4mks

3a. Define office procedure                                                   1mk

3b. List four content of an invoice                                        4mks    

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