Examination on Business Studies
Class: JSS 3
Term: First Term
Time: 1 Hour
Total Marks: 70

SECTION A: OBJECTIVES (40 Marks)
Instruction: Answer all questions.

1. ________ is a systematic way of carrying out duties in an office. (a) Office procedure (b) Office equipment (c) Business goal (d) Store record
2. The ________ account is a small fund kept for minor office expenses. (a) current (b) imprest (c) savings (d) fixed
3. Which of the following is a non-cash method of payment? (a) Cheque (b) Cash (c) Currency (d) Notes
4. All of these are types of advertising media except ________. (a) radio (b) newspaper (c) invoice (d) television
5. The main reason for conducting stock taking is to ________. (a) sell more goods (b) prevent theft and losses (c) buy new equipment (d) reduce staff
6. An example of a document used to request items from a store is a ________. (a) receipt (b) delivery note (c) store requisition (d) gate pass
7. Which of these is NOT an importance of office procedure? (a) Ensures efficiency (b) Reduces workload (c) Increases waste (d) Standardizes operations
8. A ________ is a document acknowledging that payment has been made for goods or services. (a) bill (b) invoice