High Standard Montessori Academy
Third Term Examination
Business Studies JSS1
Instruction: Answer all question in this section and any other 4 from section B
1. ____ are users of a product or service (a) consumer (b) producer (c) wholesaler (d) retailer
2. ____ can be seen in our society (a) family (b) community (c) a building (d) a church
3. ___ are very crucial in the world of business (a) education (b) reading & writing (c) market (d)
praying
4. ___ is an effect of lack of consumer education (a) good governance (b) good consumer care (c) low
price (d) consumer may fall victim of deceptive advertising
5. Business transaction can be group into ___ and ___ (a) big & small (b) credit & cash (c) cash &
transfer (d) long & shot
6. A person who record a business transaction is called (a) a record (b) time keeper (c) lecturer (d)
book keeper
7. ___ is not a type of source of document (a) bill of exchange (b) invoice (c) cheque (d) receipt
8. ____ is an evidence of payment (a) invoice (b) cheques (c) debit note (d) receipt
9. The general journal is also called __ (a) journal proper (b) invoice (c) receipt (d) book kept
10. The journal used in recording one type of transaction (a) general journal (b) special journal (c)
journal proper (d) save journal
SECTION B
1. Who is a consumer?
1b. state any four effect of lack of consumer education
2. What is book-keeping
2b. list 6 book of original entry
2c. list 3 qualities of a book-keeping
3. Define the source of document
3b. list any 5 source of document
3c. in a tabular form list 3 differences between cash and credit transaction
4. Define a ledger
4b. with the aim of a diagram explain ledger
5. Define keyboard
5b. state 5 important of keyboard
5c. state 3 correct sitting posture of keyboard
HIGH STANDARD MONTESSORI ACADEMY, KAJOLA
SECOND TERM EXAMINATION 2022/2023 SESSION
SUBJECT: BUSINESS STUDY CLASS: JSS. Two DURATION: 1H
INSTRUCTION: ANSWER ALL QUESTION
Instruction: Answer all question in this section and any other 4 from section B
1. One of this factors that make trade possible on large scale is ____ (a) Insurance(b) buying &
selling (c) shop (d) knowledge
2. Risk who future loses can be mometanly and easily determined are called (a) insurance (b)
insurable risk (c) non-insurable (d) lotto
3. ____ is a type of vehicle insurance (a) auto (b) motor insurance (c) comprehensive insurance
(d) protective insurance
4. The only insurance policy that is certain to occur is ___(a) pension insurance (b) marine
insurance (c) comprehensive insurance (d) life insurance
5. _____ is the main book of account (a) journal (b) ledger (c) receipt (d) folio
6. ____ is an item found in the ledger (a) sales (b) purchases (c) returns (d) date
7. Cash receipts are usually ____ to the cash account (a) debited (b) credited (c) omitted (d)
submitted
8. Cr stands for ___ (a) cross (b) crest (c) credit (d) crop
9. Contra entries are denoted with the letter ____ (a) “B” (b) “C” (c) “D” (d) “A”
10. A cash book used for recording expenses of small amount is called__ (a) single column cash
book (b) double column cash book (c) three column cash book (d) petty cash book
SECTION B
1. Define insurance
1b. state 5 principles of insurance
1c. state 5 types of insurance policy
2. What is ledger
2b. state the items that are found in the ledger
2c. differentiate discount allowed from discount received
3. Record the following into the ledger account
1/1/2014 Amina received #40,000 from Ade sons
3/3/2014 she paid wages in cash for #3000
8/1/2014 she soldb goods and received payment in cheque for #8000
12/1/2014 she took loan of #50,000 from the bank
4. What is petty cash book
4b. explain an imprest system
4c. explain the term discount
5. Mention 5 important of the main cash book
5b. list and write short notes on the types of the main cash book
High Standard Montessori Academy
Third Term Examination
Business Studies JSS3
Instruction: Answer all question in this section and any other 4 from section B
1. ___ is a list of balances appearing in the books of account (a) cash book (b) trail balance (c)
journal (d) ledger
2. ___ is a form of trail balance (a) cash book (b) journal (c) ledger (d) balance sheet
3. Dr stands for (a) Debit (b) Doctor (c) Doctorate (d) Dress
4. All assets account must have ___ balance (a) credit balance (b) null balance (c) debit balance
(d) all of the above
5. Assets are what you ___ as a business (a) own (b) owe (c) receive (d) beget
6. Inflow of money into the business is called ___ (a) expenses (b) draft (c) capital (d) income
7. Cr stands for (a) debit (b) cross (c) criss (d) credit
8. In business you ___ the receiver ____ the giver (a) pay the receiver/ collect from the giver (b)
debit the receiver/ credit the giver (c) credit the receiver/ debit the giver (d) none of the above.
9. All liabilities must have a ___ balance (a) credit balance (b) null balance (c) debit balance (d) all
of the above
10. Paid rent in cash #1200. What are the accounts involved here(a) payment and rent account (b)
cash and sales account (c) cash and payment account (d) rent and cash account
SECTION B
1. What is trial balance
1b. write short notes on the following
i. Trading account
ii. Profit and loss account
iii.Balance sheet
2. Write out the format of the balance sheet of a limited liability company
3. You are required to enter the following transaction into the books of ojetunde for the
month of May 2010, balance off the account and extract a trail balance.
1/1/10 Started a business with capital of #250,000 in cash
2/1/10 Bought goods on credit from Olamide worth #45,000
3/1/10 Sold goods on credit to Ladi #35,000
4/1/10 Paid rent in cash #1200
5/1/10 Received cheque of #60,000 from ola as loan
9/1/10 Ladi paid us his account by cheque
15/1/10 Paid colnage in cash #2500
31/1/10 Paid rent by cheque #1800
4. Define trial balance
4b. state the function of a trial balance
5. Explain the basic terms associated with trading account
5b. Mention 2 ways of presenting trading account
5c. Define profit and loss account
High Standard Montessori Academy
Third Term Examination
Social Studies JSS1
Instruction: Answer all question in this section and any other 4 from section B
1. Social problems are also called ___ (a) social issues (b) community trouble (c) common
trouble (d) group problems
2. ___ is not a social problem (a) poverty (b) education (c) HIV/AIDS (d) exam malpractice
3. An illegal act performed by a student during or after examination in order to obtain
underserved marks is called (a) studying (b) picketing (c) exam malpractice (d) lobbying
4. Aids stands for ___
5. Are social problems different from individual problems (a) No (b) True (c) False (d) Yes
6. Safety is a way of life. (a)True (b)false
7. The way of life of a group of people is Called (a) culture (b) attitude (c) activity (d)
socialization
8. Nigeria has ____ number of ethnic group (a) 190 (b) 250 (c) 100 (d) 150
9. ____ is not part of the mass media (a) newspaper (b) radio (c) magazines (d) the home
10. The process of learning once culture is __(a) culture (b) education (c) socialization (d)
mobilization
SECTION B
1. Define social problem
1b. list 5 social problems you know
2. Mention 3 solution to the problems of examination malpractice
2b. mention 3 solution to the problems of cultism
3. Define safety
3b. write out 5 needs for safety
4. What is socialization
4b. write out 5 agents of socialization
5. Define conflict
5b. explain the types of conflict you know
HIGH STANDARD MONTESSORI ACADEMY, KAJOLA
SECOND TERM EXAMINATION 2022/2023 SESSION
SUBJECT: SOCIAL STUDIES, CLASS: JSS. TWO DURATION: 1HRS
INSTRUCTION: ANSWER ALL QUESTION
Instruction: Answer all question in this section and any other 4 from section B
1. Chemical substances that medical expert gives to people for treatment is called __(a) test tube (b)
ampicilin (c) paracetamol (d) drugs
2. Common crimes are sometimes collectively referred to as ___ (a) social problems (b) trouble (c)
wahala (d) palava
3. Drugs changes the state or function of cells, organs when absorbed into the body (a) True (b) False
(c) not really (d) maybe
4. ___ is an effect of common crime (a) prosperity (b) employment (c) loss of life (d) growth
5. Drugs sold without the Doctors prescription are ___(a) legal (b) license (c) cannabis (d) illegal
6. The following are causes of drug trafficking except __(a) poverty (b) greed (c) mass employer (d)
bad company
7. ___ is a way of preventing common crimes (a) abiding by the law (b) cultism (c) drug abuse (d) drug
trafficking
8. A drug made from dried leaves and flowers is called ___ (a) cocaine (b) cannabis (c) inhalers (d)
paracetamol
9. An illegal act for which a person can be punished by the law is ___ (a) sanction (b) civil
responsibilities (c) rights (d) crime
10. ___ is a common crime in our society (a) teaching & learning (b) farming (c) cultism (d) preaching
SECTION B
1. Define crime
1b. list 10 common crimes in our society
2. What is drug trafficking
2b. mention 5 reasons why people engage in drug trafficking
3. Mention 5 dangers of drug trafficking
3b. mention 5 ways of preventing drug trafficking
4. Explain 5 causes of common crimes
5. Mention the effects of common crimes
a. On the individual
b. On the family
c. On the nation
High Standard Montessori Academy
Third Term Examination
Social Studies JSS3
Instruction: Answer all question in this section and any other 4 from section B
1. The first cult group was founded in the year __(a) 1953 (b) 1960 (c) 1963 (d) 1970
2. One of these is among the notable names that start the first cult group(a) Ogunsayan Moses
(b) Wole Soyinka (c) Nnamdi Azikuwe (d) Ozumba Mbadiwe
3. In what university was the first cult group founded (a) University of Nigeria Nsuka (b)
Obafemi Awolowo University Ife (c) University of Ibadan (d) Imo State University
4. A violent conflict involves the use of __ (a) words (b) shouting (c) music & dance (d)
physical force
5. __ is among the techniques of non-violent conflict (a) War (b) asymmetrical (c) picketing (d)
blood feuds
6. __ is an example of inter ethnic conflict (a) land dispute (b) boundary dispute (c)
indigenes/settler
7. __ is a consequences of conflict (a) economics development (b) political stability (c)
collective trauma (d) communal growth
8. __ is a reason for drug trafficking (a) wealth creation (b) poverty (c) entrepreneur (d) charity
9. Respect is one of the ways of resolving conflict (a) true (b) false (c) maybe (d) doesn’t matter
10. __ is a positive effect of conflict (a) it can distract individuals and group from their main
purpose (b) it discourages premature group decision making (c) it affect the physical and
psychological health of the individual involved (d) it leads to collective trauma
SECTION B
1a. what is cultism?
1b. mention 3 causes of cultism
2a. what is drug trafficking?
2b. list and explain 3 penalties of drug trafficking
3a. mention and explain 3 negative consequences of conflict
3b. mention and explain 3 positive consequences of conflict
4a. mention 4 consequences of being cult member
4b. mention 3 solution to cult problem
5a. mention and explain 3 reason for drug trafficking
5b. mention and explain 3 consequences of drug trafficking
