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BUS 102 CBT PRACTICE TEST

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Take your time to read instructions before taking this test.

There are 40 questions which you are to answer in 15 minutes that gives you roughly 30 seconds per question.

 

If you can get at least 60%, you can be rest assured that you’ll ace BUS 102 exam

 

PS

 

In a normal exam you will be asked between 40 – 60 questions but I only arranged 40 questions

 

Note

 

Do not be in a hurry to answer the questions

Do not waste time on a question you don’t know

Move as fast as possible and starting with questions that don’t have calculation first to save time

Always crosscheck

Don’t be in a hurry to submit, you are not in a competition

Don’t be scared. Getting an A is easy

Don’t be over confident, you can end up a D, E or F. Calm your blood, no be only you sabi book

Please do well to use our comment box incase there’s a message you want to pass to us

70 – 100 A

 

60 – 69 B

 

50 – 59 C

 

45 – 49 D

 

40 – 44 E

 

0 – 39 F

 

I wish you success

 

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BUS 102

1 / 40

1. _______ is the value that products and sellers place on goods or services.

 

 

2 / 40

2. Which of these is not a reason why government is involved in business

3 / 40

3. Cash account or cash book is a part of _____.

 

 

4 / 40

4. The following are regulating roles of government except

5 / 40

5. ________ shows departments and their responsibility

6 / 40

6. _______ use resources to be able to perform their functions

 

 

7 / 40

7. Which department is response for procurement and allocation of funds

8 / 40

8. International Trade is divided into how many

9 / 40

9. Which of these is not in schedule 1 of enterprise classification

10 / 40

10. _______department is concerned with determining consumer's need and wants

11 / 40

11. What is the full meaning of UAC?

12 / 40

12. Government can serve as regulator and ......... to business

13 / 40

13. ....is that policy of making government business Profit oriented

14 / 40

14. ____partner is one who is not actually a partner but who allows his name to be used in the partnership

 

 

15 / 40

15. ....... department is responsible for receiving money from. debtors and payment to creditors

16 / 40

16. NEPB has the following objectives except

17 / 40

17. ____replaced NEPD

18 / 40

18. Is the process of making government owned business profit Oriented

19 / 40

19. Which of these is not a major functional Area in a Business Organization

20 / 40

20. In large organizations people work together as a

21 / 40

21. Privatization ensures efficiency of business

22 / 40

22. Which of these is not a reason why business go abroad

23 / 40

23. A ___ partner is that who is active in the affairs of the business but not known to the public as a partner.

 

 

24 / 40

24. ____ is defined as an organization in which line authority,staff authority and functional authority exist together.

 

 

25 / 40

25. _________ is made up of trade and all activities that make trade possible.

 

 

26 / 40

26. The following are social responsibilities of business except

27 / 40

27. .........is the type of trade which involves two or more countries

28 / 40

28. __________ type of business is the oldest type of business in Nigeria

 

 

29 / 40

29. The following are the influences of government on business except

30 / 40

30. According to NEPB, Enterprises are classified into how many schedules

31 / 40

31. ____Is the the department responsible for Sales of goods and services of the business

32 / 40

32. __________ can be rules or guiding principles of a community.

 

 

33 / 40

33.

NEPD was established

34 / 40

34. What is the full meaning of NEPD

35 / 40

35. The aim of NEPD and NEPB is .......

36 / 40

36. ______ is the transfer of business ownership from Public or Government to Individual

37 / 40

37. __________ is undertaken by entrepreneur consciously and unconsciously.

 

 

38 / 40

38. ......is the study of transactions taking place across national borders

39 / 40

39. Which of these is a barrier to International Trade

40 / 40

40. Which of these is not a regulatory role of government to business

Your score is

The average score is 63%

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