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JAMB Accounting 2020 Objective — Question 31

Question 31 of 40 from the Joint Admissions and Matriculation Board (JAMB) Accounting 2020 Objective paper, with the correct answer and a full explanation.

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31. The difference between a chain shop and departmental store is

  • A. A. departmental store operate under a single roofCorrect
  • B. B. chain store operate under a single roof
  • C. C. chain store has stores side by side
  • D. D. departmental store has many stores

Explanation

A departmental store operates under a single roof, which is the basis for apportioning joint expenses in a departmental store.

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