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WAEC Store Keeping Questions and Answers

June 26, 2023 by schoolapproval Leave a Comment

WAEC Store Keeping Questions and Answers

With free WAEC previous questions, you can ace your exams. Using previous exam questions allows you to become more comfortable with the exam format, identify your strengths and weaknesses, learn crucial ideas, improve time management, and raise your confidence. Access previous questions from various subjects to properly prepare for and excel in the WAEC. Do you want to get a good score and get into your dream university? You’ve come to the right place!

WAEC Store Keeping Questions and Answers

Paper 1 – Objective (OBJ):

1. In organizing a store, the storekeeper must consider

A. cost paid for goods.

B. the nature of goods.

C. the value of goods.

D. obsolete goods.

 

2. Which of the following documents will be needed when goods are received in the store?

A.Debit note.

B.Credit note.

C.Consignment note.

D.Delivery note.

 

3. Which of the following is not important in store layout arrangement?

A. Proper layout

B. Proper lighting

C. Adequate security

D. Adequate staffing

 

4. A warehouse owned and controlled by an independent business firm is called

A. bonded warehouse.

B. private warehouse.

C. public warehouse.

D. company warehouse.

5. A document which authorizes the issue of materials for use is

A. record requisition.

B. materials requisition.

C. bill requisition.

D. maintenance.

 

6. A purchase requisition will include the following headings except

A. materials description.

B. Purchase order number.

C. stock code number.

D. delivery number.

 

7. The purpose of taking inventory is to

A. Ensure the store is not empty.

B. Keep the storekeeper busy.

C. Ensure regular flow of production activities.

D.facilitate efficient use of funds

Store Keeping OBJ Answers:

1-10: BCDDACBCBA

11-20: BBCBCADAAC

21-30: CDBACCDBBB

31-40: BCCDDBBCAB

41-50: BDACCCBAAD

51-60: DCABDDDDBD

 

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Paper 2- Essay:

1.(a) Explain five advantages of public warehouse

(b) State five functions of a warehouse

 

2. Describe five factors to be considered in choosing store layout.

 

3. Explain the following:

(a) Maximum stock level

(b) Minimum stock level

(c) Economic order quantity

Filed Under: EDUCATION Tagged With: waec past questions, WAEC Store Keeping, WAEC Store Keeping Question, WAEC Store Keeping Questions and Answers.

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