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BUS 201 CBT PRACTICE

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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 201 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 201

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1. Articles of Organization for an LLC include:

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2. The relationship between functions and structure in an organization is:

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3. Modern business environments emphasize:

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4. One major disadvantage of a sole proprietorship is:

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5. Franchisees benefit from:

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6. The matrix structure enhances:

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7. Maximum number of partners in a non-banking partnership is:

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8. A key feature of a partnership deed is:

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9. Unlimited liability discourages proprietors from:

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10. Partnership registration:

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11. An advantage of franchising for the franchisor is:

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12. The scope of growth in a joint stock company is:

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13. Business format franchising primarily includes:

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14. A sole proprietorship is not subject to:

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15. The primary focus of marketing is:

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16. LLCs differ from corporations in:

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17. In partnerships, changes in partner roles require:

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18. Disputes in a partnership are typically resolved using:

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19. In a matrix structure, employees are:

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20. Key responsibilities of finance managers include:

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21. An advantage of partnerships over sole proprietorships is:

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22. A divisional structure may result in:

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23. Unlimited liability applies to:

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24. Franchises often charge:

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25. In a general partnership:

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26. Joint Stock Companies are suited for:

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27. A registered agent in an LLC is responsible for:

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28. Sole proprietorship is characterized by:

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29. A major advantage of a Limited Liability Company (LLC) is:

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30. In a company, shareholders' liability is:

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31. Business operations converting resources into services are overseen by:

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32. Joint stock companies ensure:

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33. In a company, shareholders' liability is:

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34. Functional structure may lead to:

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35. Franchising is ideal for:

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36. A characteristic of the business format franchise model is:

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37. Functional structure in organizations emphasizes:

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38. Joint stock companies ensure:

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39. Franchising involves:

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40. The dissolution of an LLC may occur due to:

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41. The life of a sole proprietorship is dependent on:

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42. Which is true about partnerships in the absence of a written agreement?

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The average score is 42%

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