Grade 9 Business studies 2017 Quiz

Ben wishes to open a Bank Account which uses a cheque for withdrawals.
Which account would be suitable for Ben?

An Accountant was discovered to have been altering official financial records in an organisation.
What is the effect of this activity on the organisation? The organisation will ....

Mr Mumbi received a labour Day Award for being the most obedient and faithful employee.
Which office etiquette best describes him?

The abbreviation Inc. stands for ....

The postal service which allows people without permanent postal addresses to collect mail in person at the post office is called .... 

The type of Bank Account which allows a client to withdraw cash after a specific period of time is called ….

Which one of the following is not a reason for budget preparation in an organization?

The Basic pay for the worker is K8,000 and he is charged a 2% “Pay As You Earn” per month.
Calculate the worker’s net pay.

Nelly Chansa’s capital at the beginning of the year was K95,000 and K120,000 at the end of the year.
She withdrew K12,000 during the year. Calculate her net profit for the year?

The other name for Debtor’s ledger is ....

The machinery Account is a good example of a ....

Assets bought and sold on credit are first recorded in the ....

The .... is used as a source document for the Purchases Journal

Study the transactions below;
(i) Sold a motor vehicle on credit.
(ii) Cash sales.
(iii) Sold a Delivery van by cheque.
(iv) Exchanged a motor vehicle for a house.
(v) Bought a house and payment deferred to a later date.
Which of these are credit transactions?

Which document is sent by the seller to the buyer as a reminder of the amount due, for the goods supplied?

Which one of the following envelopes has an opening on the longer side?

A guideline used to tabulate organisational goals and objectives for the purpose of planning is called .

Which of the following document is not needed in the formation of a business?

The filing system where all the files of a company are kept in one place is called ....

Which department in an organisation is responsible for payment of staff salaries and wages?