Econmics j.s 3

Welcome to your Econmics j.s 3

1. The supply of goods or products avaliable for sale or distribution is called ----

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

3. A detailed account of all items of goods kept is called ----

4. All these are types of store records except

5. Delivery note contains all except

6. The business of trying to personate people to buy a product or service by giving information about it to the public is called ----

7. Formal rules or moral principles that guide the behavior of a group of people are called ----

8. A piece of information in the form of a time or song packaged to enlighten a given audience within a limited time is called ---

9. All these are forms of advertising media except ---

10. A form of advertisement carried on the internet including social media is called ----

11. A system Of payment or making transactions for goods and services through an electronic medium without the use of cheque or cash is called ---

12. The act of allotting an agreed sum of money to a petty cashier for small expenses is called -----

13. The means of keeping petty cash is known as ----

14. A written order to a bank to pay on demand a stated sum of money to a person whose name is stated on the order is called ---

15. All these are forms of making payment except

16. All are bills except

17. Hospital bills is an example of -----

18. A set of rules which governs an organisation is called ---

19. A type of advertising which focus on a particular brand of goods is called ----

20. A type of cheque which is not cashed at the counter is called a ------

SUBJECTIVES

1. Document issued in respect of buying and selling stating terms of items bought is called ---

2. Receipt is a ----

3. One adding machine i know is -----

4. Define bills -----

5. Bills that affect classes of citizens are said to be ---

THEORY

Attempt only two questions

1. Define advertising

1b. Identify/mention the four types of advertisement you know

c. Write out any five forms of advertising you know

2a. Write short notes on the following

i. Stock

ii. Stock- taking

iii. Store record

3a. Define office procedures

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