
business studies yr 7
Authored by Nwankwo Chinwe
Business
7th Grade
Used 5+ times

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40 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A computer system has two major elements…..
Hardware and global ware
Memory and Keyboard
System ware and software
Hardware and software
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bookkeeping is an important aspect of………..
Chemistry
Mathematics
Accounting
Statistics
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
….. is used for storing information
Paper
Computer
Calculator
Drawer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the reward of an entrepreneur as a factor of production?
Profit
Typing area
Interest
Wages
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All goods returned to the supplier as a result of damage are recorded in ……
Return outward journal
Sales journal
Purchases journal
Return inward journal
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The person who is the sole provider of business capital and suffers losses alone is the …..
Sole proprietor
Partner
Trader
Salesmen
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following are methods of making payments EXCEPT
Payment by receipts
Payment by cash
Payment by cheque
Payment by bank draft
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