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JSS3: BUSINESS STUDIES – 2ND TERM

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Setting Simple Business Goals | Week 1

3 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 1
Simple Single Business Plan | Week 2

2 Topics
|
1 Quiz
1. Simple Single Business Plan
2. Importance of a Business Plan
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 2
Consumer Protection Agencies | Week 3

7 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 3
How to make Complaints | Week 4

3 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 4
Reasons and Procedures for Banning and Restricting Chemicals not Suitable for Use | Week 5

4 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 5
How to Seek Redress | Week 6

3 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 6
Personal Finance | Week 7

5 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 7
Trial Balance | Week 8

3 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 8
Trading, Profit and Loss | Week 9

3 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 9
Balance Sheet | Week 10

1 Topic
|
1 Quiz
1. Definition of Balance Sheet
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 10
Business Letters | Week 11

2 Topics
|
1 Quiz
1. Definition of Business Letters
2. Types of Business Letter Layouts
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 11
Simple Tabulation – Table Creation | Week 12

4 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 12
Manuscript Abbreviations and Erasing Technique | Week 13

3 Topics
|
1 Quiz
- JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 13

Quizzes

Jss3: Business Studies Second Term Examination

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Ameera
Oduwole
Ekwulugo
AHMED
Kennedy

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Quiz 9 of 14

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JSS3 – Business Studies: 2nd Term – Evaluation Questions | Week 9

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Question 1 of 10

1. Question
The trading account is prepared to ascertain ___________
- Net profit
- net loss or net profit
- gross profit or gross loss
- cost of goods sold
- gross loss only
Correct

Incorrect
Question 2 of 10

2. Question
A business gross profit can be determined in the _________
- Trading account
- Balance sheet
- Profit and loss account
- Cash book
- Sales account
Correct

Incorrect
Question 3 of 10

3. Question
Opening stock plus purchases gives __________
- Total Sales
- Cost of goods sold
- Closing stock
- Cost of goods available for sale
- Net turnover
Correct

Incorrect
Question 4 of 10

4. Question
Gross profit is the excess of sales over ___________
- Opening stock
- Cost of goods sold
- Purchases
- Closing stock
- Cost of good available for sale
Correct

Incorrect
Question 5 of 10

5. Question
Which of the following stands for opening stock for the year ended 31st December 2010?
- Stock at 1/1/10
- Stock at 31/12/10
- Stock at 1/12/10
- Stock at 31/1/10
- Stock at 1/6/10
Correct

Incorrect
Question 6 of 10

6. Question
Identify closing stock for year ended 30th June, 2010
- Stock at 1/6/10
- Stock at 1/1/0/10
- Stock at 31/1/2/10
- Stock at 1/7/10
- Stock at 30/6/10
Correct

Incorrect
Question 7 of 10

7. Question
Sales can also be called?
- Cost of goods sold
- Purchases
- Turnover
- Stock of goods
- Finished goods
Correct

Incorrect
Question 8 of 10

8. Question
Which of the following is a correct heading for the trading account?
- Trading account for the year ended…
- Trading account as the year ended…
- Trading account as at…
- Trading Account prepared today…
- Trading Account as at today…
Correct

Incorrect
Question 9 of 10

9. Question
Cost of goods available for sales minus closing stock is called _________
- Gross profit
- Gross loss
- Net purchases
- Cost of goods sold
- Net sales
Correct

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Question 10 of 10

10. Question
A businessman’s profit can be determined in two ways, these are ________
- Net profit and Gross loss
- Gross profit and Gross loss
- Gross Loss and Net deficit
- Gross Deficit and Gain
- Gross profit and Net profit
Correct

Incorrect

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SS 1
SS 2
SS 3

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