Shays's Rebellion Highlighted Weaknesses of the Articles of Confederation, Most

question 17

Multiple Choice

Shays's Rebellion highlighted weaknesses of the Articles of Confederation, most notably ________.

• A) that only a simple majority of states paid into federal funds through the requisition system
• B) the dangers of vesting too much power in a single executive
• C) the coordination problems inherent in a bicameral system
• D) the difficulty of maintaining security when states could not be forced to coordinate action
• E) the lack of attention representatives paid to the needs of the everyman

Understand the implications of overhead cost allocation on external reporting under GAAP.

Understand the structure and components of the income statement, including continuing operations, extraordinary items, and discontinued operations.

Identify and differentiate between ordinary and extraordinary items on the income statement.

Recognize and understand the treatment of gains or losses from the disposal of business components and equipment.

---

Definitions:

Social Media

Platforms that enable users to create and share content or participate in social networking.

Employee Time

The hours or periods during which an employee is expected to be performing work tasks or duties for an employer.

Telecommute

The practice of working from a remote location, outside of a traditional office environment, often using technology to stay connected.

Ethical Lapse

A failure to behave in an ethical manner, often resulting in actions that violate moral principles or standards.