Economics j.s3 Exam

REGENT COLLEGE SCHOOL OF SCIENCE ANSWER ALL THE QUESTIONS

1. A set of rules or policies guiding the operations of an office is called______________

2. A document issued by a person who rendered services is called ___________

3. A document issued in respect of buying and selling of goods is called ________________

4. A typical example of bill contains one of the following

5. __________________ are given for all money paid

6. Two types of bills I know are

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 is called______________

9. A special pass which enables the security department to check the authorized quantity of goods being carried away from the store room is called _________________

10. Breaking down of production units is termed

11. Office equipment consists of ___________________

12. One of these is not a method of filing I know

13. Advertising means______________________

14. One of these is not a form of advertising

15. A piece of information in the form of a tune or song packaged to enlighten a given audience is called ________________

16. When a firm operates on a small capital outlay it is said to be a

17. Ethics are _______________________

18. A type of advert done in a mobile or moving billboard or covering a vehicle using vinyl is called______________

19. One type of specialization I know is ___________________

20. One advantage of division of labour is _________________

PART TWO: SUBJECTIVE

1. A form of advertising that is usually rectangular in shape, uses text and graphic image is called ____________________

2. Mention any two forms of advertising _________________ and ___________________

3. Define specialisation ______________________

4. Outline any two information one can see on a stock record card ______________________ and ____________________

5. One type of store record I know is ____________________

6. Songs or tunes used in advertising is called ____________________

7.Those benefits which a firm derives from localisation of industries in a particular area is called___________________

8. A type of bill I know is ___________________

PART: C

THEORY: CHOOSE ONLY THREE QUESTIONS FROM THIS PART

1a. What are bills?

1b. Outline any two items in office procedures

1c. Define office procedures

2a. Define division of labour

2b. What is specialization by product explain?

2c. With good examples; explain what receipt is all about and mention items contained in a receipt.

3a. Define advertising

3b. Outline the types of advertising

3c. Mention any two forms of advertising

4. Mention any five office equipment of your choice