BECE Business Studies 2019 Paper 1 Past Questions

A sole proprietorship form of business has the following features except that it ____.

Earning specified rate of interest higher than the interest on savings account is one of the features of ________.

One of the importance of transportation is ___________.

The Nigeria customs service performs the following functions except ______________

An inbuilt quality that makes a person to be upright and straightforward in his business dealings without being mindful of the consequences explains _______________

Products that need physical demonstration can be advertised trough the use of _____________

The following are means of advertising goods and services except ______________

The market where consumer goods are bought and sold is called _____ market.

The following are factors that affect occupation except _________.

The part of a simple business plan that focuses on how to sell the goals of an organization is known as _____________.

Offering door-to-door services is one of the advantage of _______transportation.

Chemicals from one container to another must be properly ______ to give adequate information to its user(s).

The following are business opportunities a local businessman can engage in except _________

The service provided by media organizations to enable the public know about a product or service is referred to as

The conversion of raw materials into finished goods is categorized under _______________ production

Ensuring cleanliness of abattoirs and health lines of animals are functions performed by ______________

The mode of transportation which is commonly affected by weather condition is __________

Purchasing what you did not plan to buy explains __________

The reward of capital as a factor of production is __________

The provision made by business organizations against future event that may have negative effects on the continuity of a business is referred to as ____________

The buying and selling of goods and services between two or more countries is called ______________ trade.

Which of the following examples of occupation provides indirect service to the pubic?

An aid to trade that provides financial services to individuals and organizations carrying out legitimate business is called _____________

A compensation resulting from goods stolen through breaking into premises of an insured is called ____________ insurance.

The external environment determines the future of an organization as it offers both ______________

Convincing potential customers to buy a particular product explains ____ advertising.

Consumers have the following rights except right to _____________.

The following are modern means of communication except

Which of the following is not part of the SWOT analysis?

The document that contains the full details of goods sent by the supplier to the buyer is called ______________

The purpose of trading account is to ascertain the ______

The book of account that gives detailed explanation of a transaction is known as

Trial balance
Date	Particulars	Debit N	Credit N
	Land and building		30,000
	Furniture and Fittings		?
	Stock		5,500
	Creditors			15,800
	Capital			?
			40,800

Furniture and fittings amounts to ________

Trial balance
Date	Particulars	Debit N	Credit N
	Land and building		30,000
	Furniture and Fittings		?
	Stock		5,500
	Creditors			15,800
	Capital			?
			40,800

Given that the total debit is equal to the total credit, what is the credit balance?

Trial balance
Date	Particulars	Debit N	Credit N
	Land and building		30,000
	Furniture and Fittings		?
	Stock		5,500
	Creditors			15,800
	Capital			?
			40,800

What is the capital?

The aggregate stock, debtors and bank is called _________

A document sent by the seller to the buyer at regular interval showing credits and debits and the balances due is called _______.

Capital amounted to __________

What was the total current asset?

The total fixed assets was _____________.

The ledger is divided into how many parts?

The following are source documents except _____________.

Which of the following is not a component of the ledger?

Under which of the following headings could petrol expenses be charged?

	N
Carriae Inwards	12,000
Returns Outwards	4,000
Sales	405,000
Purchase	58,000

What is the cost of goods purchased?

	N
Carriae Inwards	12,000
Returns Outwards	4,000
Sales	405,000
Purchase	58,000

What is Jummy's gross profit?

Which of the following makes the differences between a two-column and a three-column cash books?

When goods are sold, the credit entry goes to the ___ .

The following are rules of Trial Balance except; all ______.

The book that tests the arithmetical accuracy of entries in the ledger is called