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Choose the option that best conveys the meaning of the underlined portion in the following...

English Language
JAMB 1978

Choose the option that best conveys the meaning of the underlined portion in the following sentence;
The balance sheet at the end of the business year shows that we broke even

  • A. lost heavily
  • B. made profit
  • C. neither lost nor gained
  • D. had no money to continue business
  • E. were heavily indebted to our bankers
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Correct Answer: Option C
Explanation

"broke even" is a popular idiom in business that means to have no profit or loss at the end of the business activity.


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NECO June/July 2024 - Get offline past questions & answers - Download objective & theory, all in one app 48789
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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts