Jss3 Economics 2025b

Welcome to your Jss3 Economics 2025b

1. The set down rules guiding an organisation in running its affairs are called........

2. An amount of money charged for the services rendered is ........

3. All these are mechanized procedures used in speeding up the preparation of bills.......

4. One out of these is a procedure for making payment.....

5. A cheque that can be cashed at the counter is ........

6. A system of paying for goods and services through an electronic medium is called......

7. A place where materials or goods of a particular kind are kept for future use is called.......

8. The physical counting and verification of items a business has in its store or outlets is termed.........

9. In Nigeria,the standard units of money is ........

10. ........ Is like a cheque drawn by the bank itself.

Subjective:write their meaning in full

1. ATM

2. POS

3. A type of bill that is both private and public is called........

4. A detailed account of all items of goods kept in a store is called.........

5. A written order to a bank to pay on demand a stated sum of money is called..........

Theory:Answer all

1.Define office procedures.

2. Give three reasons why office procedures are important.

3. Define a cheque,and outline the three parties to a cheque.

b )Mention the two types of a cheque and differentiate between the two.

4. Outline any four means of making payment you know

5. A cheque that can be cashed at the counter is ........

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