ATTENTION:
Kindly note that you will be presented with 50 questions randomized from the NOUN question bank. Make sure to take the quiz multiple times so you can get familiar with the questions and answers, as new questions are randomized in each attempt.
Good luck!
GST302
1 / 50
1. The headquarters of the Corporate Affairs Commission is based in _____
2 / 50
2. An advantage of sole proprietorship is ___________
3 / 50
3. Entrepreneur can assess the external environment of the business by critically looking at the ___________
4 / 50
4. The …………………. Was established by the Companies and Allied Matters Act (CAMA) 1990 as a corporate body with perpetual succession and a common seal.
5 / 50
5. An agency that is concerned with the investigation of all financial crimes is …………………
6 / 50
6. The sinking fund was first used in Great Britain in the _______ th century
7 / 50
7. A written business plan should have all the following except _____________
8 / 50
8. The organisation that is concerned with the registration of Business in Nigeria is ……………
9 / 50
9. Establishing and maintaining companies" registry and offices in all the states of the Federation is a function of __________
10 / 50
10. Ensuring that the use of narcotic drugs and psychotropic substances are limited to medical and scientific purpose is a function of _______
11 / 50
11. One of the following is not an advantage of sole proprietorship
12 / 50
12. Partnership formation requires minimum and maximum number of partners respectively _________
13 / 50
13. Opportunities in the political/legal environment could be _________
14 / 50
14. The headquarters of the Corporate Affairs Commission is based in?
15 / 50
15. The essence of _______ the external environment of business is in order to identify opportunities and threats
16 / 50
16. An __________ is simply a statement that two numbers are not equal.
17 / 50
17. The environment in the borderline between internal and external environment is __________
18 / 50
18. The rate of interest that a bond pays to the bondholder is called the ___________
19 / 50
19. An entrepreneur must be open to criticism and be ready to __________
20 / 50
20. ___________ recommended "the Creation of a Fund.
21 / 50
21. One of the benefits of ________ is It justifies your plan and actions
22 / 50
22. ________ is the fee charged for the privilege of borrowing money.
23 / 50
23. The environment that recognizes the customs, traditions and value of the community is known as ________
24 / 50
24. Establishing and maintaining companies" registry and offices in all the states of the Federation is a function of __________
25 / 50
25. One of the following is not the promotional / supportive roles of Government?
26 / 50
26. The organisation that is concerned with the registration of Business in Nigeria is ___________
27 / 50
27. The essence of scanning the external environment of business is in order to identify ________
28 / 50
28. ___________ is the reason for the organization's existence, a clear description of the activities of the organization
29 / 50
29. The headquarters of the Corporate Affairs Commission is based in ________
30 / 50
30. ________ Is creative, looking to a future of greatness; it keeps the organization as well as individual motivated even if the founders are no longer in existence
31 / 50
31. Cash Flow from financing activities includes _________ and buying back capital stock.
32 / 50
32. The __________ environment prescribes acceptable principles and guides in business relationship
33 / 50
33. The entrepreneur can assess the internal environment of business by critically looking at the opportunities and threats.
34 / 50
34. The document that states all the terms of partnership is known as ________
35 / 50
35. The entrepreneur can assess the internal environment of business by critically looking at the _________ and threats
36 / 50
36. The need for a business plan includes all except: _________
37 / 50
37. The entrepreneur can assess the internal environment of the business by critically looking at ________
38 / 50
38. An agency that is responsible for providing advice, educate to public on and against bribery and corruption is ________
39 / 50
39. Threats from external environmental factors can come from: _______
40 / 50
40. ________ event is an event that will never happen
41 / 50
41. One of the disadvantages of sole proprietorship _________
42 / 50
42. The entrepreneur can assess the internal environment of the business by critically looking at ___________
43 / 50
43. Ensuring that the use of narcotic drugs and psychotropic substances are limited to medical and scientific purpose is a function of __________
44 / 50
44. Threats from external environmental factors can come from _______
45 / 50
45. Opportunities in the political/legal environment could be ___________
46 / 50
46. An agency that is responsible for providing advice, educate to public on and against bribery and corruption is _________
47 / 50
47. The minimum number required to start a sole proprietorship ________
48 / 50
48. The entrepreneur can assess the internal environment of business by critically looking at the opportunities and ___________
49 / 50
49. The essence of scanning the external environment of business is in order to identify ________
50 / 50
50. All of the following are the disadvantages of sole proprietorship except ________
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