NECO Past Questions and Answers - Page 66

326.

The feature of a supermarket is

A.

having central control from head-office

B.

sales common household goods

C.

sales of goods without owning shops

D.

similarity in shops’ frontages

E.

that there are many shops under a roof

Correct answer is B

No explanation has been provided for this answer.

327.

The bringing of ownership and management of a former private industry under the control of the government is called

A.

corporation

B.

industrialization

C.

nationalization

D.

participation

E.

privatization

Correct answer is C

No explanation has been provided for this answer.

328.

Ships that pick up cargo from any port and travels anytime are called

A.

cargo ships

B.

ferries

C.

steamers

D.

tankers

E.

tramps

Correct answer is E

No explanation has been provided for this answer.

329.

What is the cost of goods sold?

A.

N 2220

B.

N 2500

C.

N 2800

D.

N 4000

E.

N 4300

Correct answer is C

No explanation has been provided for this answer.

330.

The advertising medium which uses electric current in bulbs is referred to as

A.

bill boards

B.

neon signs

C.

posters

D.

television

E.

video

Correct answer is B

No explanation has been provided for this answer.