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FUOYE GST 204 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.

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If you can get at least 60%, you can be rest assured that you’ll ace GST 204 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

 

FUOYE 200 LEVEL GENERAL GRP

 

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❤️ Undergragra

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Gst 204

1 / 40

1. A plan must be

2 / 40

2. The Nigerian economy is primarily a______ economy

3 / 40

3. The social entrepreneur who is interested in poverty reduction of the less privileged with a foundation to assist children is

4 / 40

4. The need for a full scale business plan is spurred by one of the following except

5 / 40

5. The Nigerian entrepreneur who create the Eleganza industries is

6 / 40

6. Corporate social responsibility is about

7 / 40

7. The organisation concerned with the registration of business in Nigeria is

8 / 40

8. Sources of finance relates to

9 / 40

9. The followings except_____ is a component of feasibility studies

10 / 40

10. Which of these isn't a peculiar problem faced by entrepreneurs

11 / 40

11. An entrepreneur must be open to

12 / 40

12. The need for a business plan includes all the following except

13 / 40

13. Product Planning Tells You

14 / 40

14. Sources of funds obtained for a period between one day and 365 days is

15 / 40

15. A market survey is important because it shows you

16 / 40

16. All but which of the following is considered to be a myth

17 / 40

17. The type of business you are planning should be stated under

18 / 40

18. The goal of entrepreneurial and functional education are all except

19 / 40

19. Quality Control is defined as

20 / 40

20. Making a purchase you had not planned is called

21 / 40

21. The cheapest source I'd long term finance is

22 / 40

22. The macroeconomic framework of NEEDS does not include

23 / 40

23. All these are critical success factors in entrepreneurship except

24 / 40

24. What is the most important source of money for new business start ups

25 / 40

25. The reason for feasibility studies includes

26 / 40

26. One of the benefits of planning is

27 / 40

27. All of the following are disadvantages of Sole proprietorship

28 / 40

28. The most important of the factors of production is

29 / 40

29. The goal of vision 2020 includes all the following except

30 / 40

30. Which of the following is not considered a characteristic of an entrepreneur

31 / 40

31. _______ is a system of principle governing the proper conduct of a person or group

32 / 40

32. Which statement is not true of entrepreneurs

33 / 40

33. A written business plan should have the following except

34 / 40

34. Skills in getting along with people and understanding other people is called

35 / 40

35. _____ is the assignment of a task,responsibility or authority by a manager to a subordinate

36 / 40

36. One of the major advantages facing Nigerian entrepreneurs is the

37 / 40

37. Which of the following is an important element of an organization external environment

38 / 40

38. The non continuous process of combining resources of time,man,money and materials to create projects,services and ideas is

39 / 40

39. An individual that exhibits innovative abilities,perceives the market opportunities and has the motivation,drive and ability to mobilize resources to meet market opportunities,while working in an existing organization is known as a/an

40 / 40

40. For small business owners one of the most important objective is

Your score is

The average score is 48%

0%

Please do well to drop a comment if this has really helped you. Thanks❤️

Ace/Undergragra

Ace aka Undergragra is a 500 Level Computer Engineering Student in the Federal University Oye-Ekiti. He is a passionate teacher,writer,educational consultant and educational informant.
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Christopher Ime
Christopher Ime
8 months ago

Good eork

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