Business Management/studies Questions For WAEC, NECO, NABTEB, GCE Practice Questions.

Business Management/studies Questions For WAEC, NECO, NABTEB, GCE Practice Questions. This is a complete guide to getting A1 for that long exam you have been trying to sort out for a long time.

Below we have past, present questions for practice, please read them and attempt all questions in preparation for that WAEC, NECO, NABTEB, GCE exams.

Subject: Business Studies

SECTION A (Essay)

  1. A commercial bank is defined as?
  2. mention five functions of commercial bank (20 marks)
  3. Explain what is travelers cheque and the full meaning of NHIS (15 marks)
  4. Rule a petty cash book with four analyses columns for transport expenses, postage, stationery and balance the book.

Feb 1 cash received from the cashier #50.00

Feb 3 paid transport fare #2.00

Feb 3 bought postage stamps #7.00

Feb 7 bought stationery #2.00

Feb 10 telegraph #3.00

Feb 15 transport fare #2.00

Feb 16 postage stamps #3.00

Feb 20 bought stationery #2.00

Feb 25 postage stamps #4.00

(20 marks)

  1. A ___ cash book is therefore used to record expenses that are described as minor___  (a) book keeping  (b) petty  (c)
  2. List all the items of ledger and what is a ledger  (14 marks).

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