JSS 3 NECO BECE 2026 Questions and Answers Business Studies

This is for BECE Candidates looking for NECO BECE 2026 Questions and Answers Business Studies, as they call it But this is Basic Education Certificate Examination by the National Examination Council (NECO) for JSS3 candidates The Business Studies paper is compulsory for all candidates regardless of their schools So, here you will get genuine NECO BECE 2026 Questions and Answers for Business Studies Your duty now is to read through them as many times as possible and get ready to smash your paper Remember to use the comments sections if you have questions, and don’t forget to join our Free Online Tutorial Classes on YouTube (Subscribe to the Channel)

What are NECO BECE 2026 Questions and Answers Business Studies?

NECO BECE 2026 Questions and Answers Business Studies are the questions you should expect in your Business Studies paper in 2026 BECE, together with their answers

It is very important that every candidate preparing to sit for in the forthcoming 2026 BECE examinations should catch a glimpse of these questions

In so doing, they will know what to expect in the exam hall Knowing exactly what to expect will boost their confidence and guarantee them a very high score

Note that there are two papers under Business Studies:

1. Paper 1: Commerce and Bookkeeping
2. Paper 2: Office Practice and Keyboarding

Each of the papers has 60 multiple choice questions and would last for 1 hour

NECO BECE 2026 Business Studies Questions and Answers Revealed!

On this page, we shall reveal NECO BECE 2026 Questions and Answers for all candidates taking the Business Studies paper

How lucky you are to stumble upon this important page!

The questions are genuine and the answers are accurate, and all are a product of our passion to see you excel in your BECE and proceed to Senior Secondary School

In the following sections, you will read the Business Studies questions you are to expect in your 2026 NECO BECE exam as well as their answers You can use the comments section if you still need clarification over some of the questions We will give you a more detailed explanation

PAPER 1: COMMERCE AND BOOKKEEPING

COMMERCE

1. Commerce is classified into two major divisions, namely;
A. buying and selling
B. import and export
C. production and exchange
D. trade and aids to trade
E. wholesale and retail

2. Production is said to be complete when goods get to the
A. consumers       B. customers
C. retailers           D. warehouses
E. wholesalers

3. First Bank of Nigeria Plc is an example of
A. joint venture
B. partnership business
C. private limited company
D. public corporation
E. public limited company

4. The reward of an entrepreneur is
A. bonus         B. commission
C. interest       D. profit
E. salary

5. A loss caused by flood is an example of ______ risk
A. avoidable      B. fundamental
C. insurable       D. particular
E. transferable

6. The following are qualities of fair play except
A. equality       B. honesty
C. merit            D. nepotism
E. openness

7. If the cost price of a bag is ₦2,000 and the selling price is ₦2,400, calculate the percentage of the profit made
A. 400 %         B. 33.3 %
C. 200 %         D. 16.7 %
E. 9.0 %

8. A trader who has a kiosk and sells variety of items in units to consumers is a
A. broker          B. manufacturer
C. producer      D. retailer
E. wholesaler

9. The agency responsible for controlling the quality of products in Nigeria is
A. Consumer Protection Council
B. National Agency for Food and Drug Administration and Control
C. National Drug Law Enforcement Agency
D. Nigerian Communications Commission
E. Standards Organisation of Nigeria

10. Home delivery of goods to customers is an example of
A. after-sales service
B. customer care
C. market skimming
D. pre-sales service
E. public relations

11. Shares of public companies are traded in ______ market
A. capital        B. commodity
C. foreign       D. labour
E. money

12. A traditional means of communication which is used to signify peace during chaos is
A. blowing of flute
B. hitting of talking drum
C. shouting aloud
D. using of town crier
E. waving of palm frond

13. Buying and selling of goods between Nigeria and South Africa is an example of ______ trade
A. entrepot       B. export
C. foreign         D. import
E. internal

14. The external environment of a business consists of
A. opportunities and threats
B. opportunities and weaknesses
C. strengths and threats
D. strengths and weaknesses
E. weaknesses and threats

15. The buyer of a chemical must ensure that the following are indicated on the label for safety except
A. its hazardous composition
B. its manufacturing and expiry dates
C. the location of the purchaser
D. the name and address of the manufacturer
E. the name of the chemical

16. Accepting deposits from customers is a function of ______ bank
A. central
B. commercial
C. development
D. merchant
E. mortgage

17. Hunters and fishermen are engaged in ______ occupation
A. commercial
B. constructive
C. extractive
D. manufacturing
E. service

18. Buying and selling of goods and services locally or internationally is
A. marketing
B. public relations
C. sales promotion
D. trading
E. wholesaling

19. Which of the following is fixed in supply?
A. Capital
B. Entrepreneur
C. Labour
D. Land
E. Stock

20. An advantage of road over rail transportation is that it
A. has low cost of maintenance
B. has standard rate of charges
C. is good for carrying heavy goods
D. is the fastest means of transportation
E. operates on schedule

21. Liquid and gaseous products are best transported by
A. air          B. pipeline
C. rail         D. road
E. sea

22. Any paid form of communication which is aimed at promoting a product or service is
A. advertising
B. market segmentation
C. marketing
D. public relations
E. trading

23. The following are rights of a consumer except the right to
A. adequate information
B. fix price
C. have value for money
D. make a choice
E. seek redress

24. The process of getting manufactured goods into the hands of consumers is
A. communication
B. distribution
C. marketing
D. production
E. warehousing

25. A private limited liability company has a minimum of 2 and maximum of ______ shareholders
A. 100        B. 50
C. 20          D. 7
E. 4

26. A third party insurance policy covers
A. damages caused on another person’s car
B. damages to the insured car and the other person’s car
C. losses associated with conveyance of goods on sea
D. risks arising from stolen goods and properties
E. risks associated with fire outbreaks

27. Which of the following is a negative effect of production on communities? It
A. decreases people’s standard of living
B. encourages efficient transportation system
C. leads to improved economy
D. pollutes the environment
E. reduces jobs for the people

28. The aid to trade that provides financial services for individuals and organisations to carry out their businesses is
A. advertising
B. banking
C. communication
D. insurance
E. tourism

29. Arbitration as a way of resolving problems is when a
A. customer and a supplier fix a date to settle their problems
B. customer forgives a manufacturer of wrong doing
C. customer threatens a manufacturer with legal action
D. manufacturer threatens a customer with legal action
E. panel is set to look into a problem and settles it

30. A formal statement of a business goals and the procedures on how to achieve them is called business
A. ethics         B. law
C. licence       D. opportunities
E. plan

BOOKKEEPING

31. Which of the following is not an attribute of due process?
A. Fairness            B. Favouritism
C. Impartiality      D. Openness
E. Truthfulness

32. Which of the following items is found on the debit side of a trial balance?
A. Capital         B. Creditors
C. Insurance     D. Loan
E. Overdraft

33. Which of the following is an example of fixed asset?
A. Cash at bank
B. Cash at hand
C. Furniture and fittings
D. Prepaid expenses
E. Stock of goods

Use the following information to answer questions 34 – 36.

Cash: ₦120,000
Debtors: ₦6,000
Creditors: ₦2,000
Furniture: ₦120,000
Land: ₦600,000
Motor vehicle: ₦450,000

34. The amount of fixed assets is
A. ₦1,500,000      B. ₦1,470,000
C. ₦1,370,000      D. ₦1,270,000
E. ₦1,170,000

35. The amount of current liabilities is
A. ₦20,000      B. ₦10,000
C. ₦6,000        D. ₦4,000
E. ₦2,000

36. The amount of total assets is
A. ₦1,500,000       B. ₦1,350,000
C. ₦1,296,000       D. ₦1,250,000
E. ₦1,150,000

37. The heading that makes reference to a particular transaction in cashbook is
A. bank         B. cash
C. date          D. discount
E. folio

38. Which of the following is a current asset?
A. Cash at hand
B. Furniture and Fittings
C. Land and Building
D. Motor vehicle
E. Plant and machinery

39. Which of the following expenditure can be paid by a petty cashier?
A. Equipment     B. Furniture
C. Rent               D. Salary
E. Transport

Use the following information to answer questions 40 and 41.

Capital: ₦2,000
Sales: ₦1,000
Purchases: ₦500
Stationery: ₦100
Rent: ₦100

40. What is the balance carried forward of the cashbook?
A. ₦3,500        B. ₦3,000
C. ₦2,500        D. ₦2,300
E. ₦1,800

41. The total amount on the credit side of the cashbook is
A. ₦1,500        B. ₦1,100
C. ₦700           D. ₦500
E. ₦200

42. The purpose of preparing trading account is to determine
A. closing stock
B. cost of goods sold
C. gross profit
D. net sales
E. opening stock

43. The following are importance of bookkeeping except that it
A. aids decision making
B. has possibility of default
C. is used for ascertaining profitability
D. is used for prevention of fraud
E. used for planning purpose

44. The book for recording small expenses is
A. bookkeeping
B. cash account
C. cashbook
D. ledger account
E. petty cashbook

45. In trading, profit and loss account, carriage inwards is added to
A. closing stock
B. net profit
C. opening stock
D. purchases
E. sales

46. A lifestyle where a person lives within his means of income is
A. accountability
B. corruption
C. demand and supply
D. modesty
E. scale of preference

47. Which of the following is a luxury item?
A. Beverage       B. Clothing
C. Food              D. Jewellery
E. Toiletry

Use the following information to answer questions 48 – 50

Opening stock: ₦10,000
Closing stock: ₦13,000
Purchases: ₦20,000
Sales: ₦27,000
Salaries: ₦4,000
Discount received: ₦1,000

48. What is the gross profit of the business?
A. ₦13,000        B. ₦12,000
C. ₦10,000        D. ₦8,000
E. ₦6,000

49. The net profit is
A. ₦10,000        B. ₦9,000
C. ₦8,000          D. ₦7,000
E. ₦6,000

50. Cost of goods available for sale is
A. ₦50,000        B. ₦40,000
C. ₦30,000        D. ₦20,000
E. ₦10,000

51. A decision to select one item in preference to others is known as
A. choice        B. consumption
C. demand     D. need
E. want

52. Money received by an individual from all sources for either consumption or saving is called
A. budget
B. contributions
C. personal income
D. profit from sales
E. short-term loan

53. The feeling of satisfaction a man has with himself is
A. choice          B. contentment
C. modesty      D. extravagance
E. prudence

54. Spending more money than one can conveniently afford is
A. budget
B. choice
C. extravagance
D. modesty
E. prudence

55. A sum of money given to the petty cashier to cover minor expenses is
A. bonus           B. capital
C. dividend       D. float
E. stipend

56. Which of the following is found on the credit side of trial balance?
A. Discount allowed
B. Discount received
C. Lighting
D. Purchases
E. Stationery

Use the following information to answer questions 57 and 58.

July 1: Petty cash float – ₦10,000
July 4: Bus fare – ₦2,000
July 8: Postage – ₦800
July 12: Drug for driver – ₦1,650
July 17: Bus fare – ₦1,500

57. The total amount the cashier has to be reimbursed is
A. ₦5,950        B. ₦5,000
C. ₦4,500        D. ₦4,050
E. ₦3,650

58. The total amount given to the petty cashier is
A. ₦15,000       B. ₦13,200
C. ₦12,500       D. ₦10,500
E. ₦10,000

59. An estimate of income and expenditure during a particular period is
A. budget       B. interest
C. loan            D. profit
E. sales

60. Which of the following is not a purpose of trial balance? It
A. hides the arithmetical accuracy of entries in the ledger
B. is useful for tracing errors
C. provides a comprehensive list of all accounts
D. provides data for the preparation of final account
E. shows the summary of all accounts

PAPER II: OFFICE PRACTICE

1. Correspondence delivered by a mail clerk from the post office is recorded in
A. cover note
B. dispatch book
C. incoming register
D. log book
E. visitors’ book

2. Detailed information about guests that come to an organisation daily are contained in a
A. bin card
B. request form
C. stock card
D. telephone message pad
E. visitors’ log book

3. Specific request made by a buyer is replied with
A. delivery note
B. invoice
C. price list
D. quotation
E. receipt

4. Receptionist handles the following documents except
A. appointment book
B. complimentary card
C. requisition form
D. telephone directory
E. visitors’ book

5. There are ______ types of offices
A. 2           B. 3
C. 4           D. 5
E. 6

6. Outgoing register is also known as ______ book
A. cash             B. inward
C. outward       D. postage
E. visitors’

7. One of the advantages of large office is that, it
A. accommodates many workers
B. denies workers numerous opportunities
C. does not give room for specialisation
D. has few workers
E. involves little volume of clerical activities

8. When the buyer is satisfied with terms and conditions on a price list, the document used to authorise the seller to supply goods is
A. advice note
B. credit note
C. debit note
D. purchase order
E. requisition form

9. An official written information used in carrying out day-to-day activities of an organisation is office
A. correspondence
B. design
C. document
D. layout
E. practice

10. Which of the following functions does a clerk perform in an organisation?
A. Analysing financial records
B. Controlling expenditure
C. Filing documents in appropriate files
D. Handling tax matters
E. Monitoring truancy of staff

11. Which of the following is a function of an office?
A. Granting unauthorised press briefing
B. Hacking into database of an organisation
C. Posting information on social media without approval
D. Processing and analysing information for official use
E. Releasing official secrets to the public

12. An officer responsible for welcoming visitors to an organisation is
A. cleaner        B. manager
C. typist           D. messenger
E. receptionist

13. The first procedure that must be followed when handling outgoing mails is
A. handing over letters meant to be delivered personally to the mail clerk
B. inserting the mails into envelopes and sealing them neatly
C. recording mails handled by rider in dispatch book
D. recording mails in outward register
E. sorting mails to be sent through post or dispatch rider

14. Which of the following is a job quality of clerical staff?
A. Accuracy           B. Ambitious
C. Cooperation     D. Dedication
E. Neatness

15. What is the reward for being regular at work?
A. Demotion        B. Dismissal
C. Indictment       D. Promotion
E. Suspension

16. An officer scheduled for receiving, giving, recording and retrieving information in an organisation is the
A. typist         B. auditor
C. clerk          D. messenger
E. accountant

17. The degree of firmness in discharging duties irrespective of surrounding situations means
A. consistency        B. diligence
C. promptness       D. punctuality
E. regularity

18. Positive attitude to work by employees results to
A. conflict among staff
B. high performance
C. insubordination
D. low performance
E. refractory

19. Secretary can take minutes during meeting by using ______ machine
A. adding          B. addressing
C. dictating       D. duplicating
E. franking

20. Machines which aid performance of various official activities are office
A. apparatus         B. devices
C. equipment       D. implements
E. tools

21. Buying of spare parts and other needed goods at the right time are duties of ______ department
A. administrative     B. personnel
C. planning             D. production
E. purchasing

22. In a secondary school setting, accounts department is headed by
A. bursar
B. confidential secretary
C. librarian
D. principal
E. senior master

23. Various sub-sections that inter-relate to achieve organisational objectives are referred to as
A. cartel        B. company
C. units         D. divisions
E. departments

24. Conversion of raw materials into finished goods is an activity of ______ department
A. finance             B. marketing
C. production       D. purchasing
E. transportation

25. The office equipment that is used to produce neat documents from manuscripts is
A. duplicator       B. perforator
C. shredder         D. photocopier
E. typewriter

26. Refund of an amount spent by a petty cashier is known as
A. float         B. imprest
C. loan          D. requisition
E. reimbursement

27. The machine used to destroy documents to a non-readable state is
A. duplicator
B. franking machine
C. photocopier
D. shredder
E. stapling machine

28. Office equipment are important to an organisation because they
A. decrease productivity
B. increase productivity
C. increase stress at work
D. make workers inefficient
E. waste time

29. The method of payment using coins and bank notes is
A. bank draft
B. bank transfer
C. cash
D. cheque
E. money order

30. A replica of a cheque drawn by a particular commercial bank on itself for payment is
A. bank draft
B. bank transfer
C. electronic payment
D. money order
E. standing order

KEYBOARDING

31. Keyboarding is the art of producing ______ characters by manipulating fingers on a machine specifically designed for the purpose
A. adhesive         B. illegible
C. phrasable        D. printed
E. unphrasable

32. Keyboarding is important to students because of the following reasons except that it
A. ensures electronic storage of typewritten words
B. facilitates smooth correction of mistakes
C. forms the bedrock of acquiring legal profession
D. makes typewritten words more reliable
E. provides a means of earning a living

33. Instruction is sent to the central processing unit with the aid of ______ key(s).
A. alphabetic      B. enter
C. function         D. numeric
E. special

34. The computer keys that are made up of 0 – 9 are known as ______ keys
A. alphabetic      B. cursor
C. function          D. numeric
E. special

35. Letters A to Z can be inputted into the central processing unit with the aid of ______ keys
A. alphabetic     B. cursor
C. function         D. numeric
E. special

36. One of the similarities between computer keyboard and typewriter keyboard is that both have
A. ability to cut stencil
B. carriage return
C. cursor movement key
D. delete key
E. space bar

37. A computer can be taken care of by
A. allowing it to be operated by any personnel
B. applying any form of cleaning agent on it
C. ignoring the proper procedures before shutting down
D. inviting an expert to service it regularly
E. keeping it in non-ventilated area

38. The life span of a computer is short-lived if
A. all programmes are properly closed before shutting down
B. it is being serviced by an expert regularly
C. it is cleaned regularly
D. it is covered when not in use
E. kept in a non-ventilated area

39. Computer keyboard has ______ rows
A. 4         B. 5
C. 6         D. 7
E. 8

40. The computer keyboard left hand side home keys are
A. A, S, D and F
B. A, S, F and H
C. B, S, D and F
D. D, F, S and H
E. ;, L, K and J

41. After all manipulations on the keyboard, the fingers of the computer operator must return to the ______ keys
A. cursor         B. function
C. home          D. numeric
E. special

42. An example of a computer basic key is
A. H          B. I
C. S           D. W
E. Y

43. The ______ finger is used to strike letter K key
A. baby             B. index
C. middle          D. ring
E. thumb

44. After a full stop, ______ typing space(s) is/are left before beginning a new sentence
A. 1           B. 2
C. 3           D. 4
E. 5

45. After typing a hyphen, there must be ______ space(s) in-between the words
A. no              B. one
C. two            D. three
E. four

46. The correction sign “caps” means
A. change to capital letters
B. change to italics
C. delete text
D. insert space
E. interchange words

47. When “\small \smile \atop \small \frown” as correction sign appears on a margin of a text, it instructs the secretary to
A. close up
B. delete
C. insert space
D. italicise words
E. transpose

48. Which of the following is not a correction sign?
A. Caps         B. Np
C. Stet           D. Tm
E. Trans

49. In keyboarding, the arrangement of items in columns is known as
A. agenda
B. manuscript
C. memorandum
D. minutes
E. tabulation

50. When the first line in a paragraph starts after giving five spaces, it is called ______ display
A. block              B. hanging
C. indented        D. paragraph
E. semi-block

51. A display whereby the first line in the paragraph starts at the left-hand margin and other subsequent lines begin with three spaces indentation is ______ style
A. block            B. hanging
C. indented       D. semi-block
E. shoulder

52. When the first line of the paragraph is longer than the following line of the same paragraph, it is said to be ______ aligned
A. bottom        B. centre
C. left               D. right
E. top

53. The adjustment of texts so that they line up accordingly is
A. alignment
B. alteration
C. pagination
D. paragraphing
E. tabulation

54. One of the characteristics of memorandum is that, it
A. contains complementary close
B. does not have inside address
C. has both origin and destination in the same organisation
D. is meant for external consumption
E. is usually instituted by a junior officer to a superior officer

55. A written communication that has its origin and destination in the same organisation is
A. agenda          B. bulletin
C. minutes         D. report
C. memorandum

56. The format of a memorandum are: From:, Ref:, To:, Date: and
A. Complementary close
B. Inside address
C. Recommendation
D. Salutation
E. Subject

57. The act of sending document or information in electronic form from one computer to another is
A. e-mail            B. letter
C. telegram        D. telex
E. text

58. Between the complimentary close and the name of the signatory, there must be ______ clear line spaces
A. 2         B. 3
C. 4         D. 5
E. 6

59. Yours sincerely is referred to as the ______ of a letter
A. complimentary close
B. conclusion
C. reference
D. salutation
E. subject matter

60. When inputting data into a table using the computer, the following devices can be used except
A. joystick             B. keyboard
C. microphone      D. monitor
E. mouse

Answers to JSS 3 NECO BECE 2026 Questions and Answers Business Studies

Answers to BECE Business Studies PAPER 1 (Commerce and Bookkeeping)

The following table gives the correct answers to the objective questions in Paper 1 of JSS3 NECO BECE 2026 for Business Studies (Commerce and Bookkeeping). If you are using a mobile device, hold the table and scroll to the right or left for a complete view Remember to use the comments section if you need further clarification of any question

Answers to BECE Business Studies PAPER 2 (Office Practice and Keyboarding)

The following table gives the correct answers to the objective questions in Paper 2 of JSS3 NECO BECE 2026 for Business Studies (Office Practice and Keyboarding). If you are using a mobile device, hold the table and scroll to the right or left for a complete view Remember to use the comments section if you need further clarification of any question

Best wishes.