How Did the British Change Their Approach to Ruling India

question 44

Multiple Choice

How did the British change their approach to ruling India after 1857?

• A) The British began to use railroads, roads, and telegraph lines to link the region together.
• B) India came under the British crown's direct control.
• C) The British stopped allowing Indians to serve in the British army.
• D) The British restored control of cotton manufacturing to India.

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Definitions:

Inventory Valuation

The process of determining the monetary value of a company's inventory, using methods such as FIFO (First-In, First-Out), LIFO (Last-In, First-Out), and weighted average cost.

Descriptive Statements

Statements that provide detailed explanations or descriptions of scenarios, processes, or items without making analytical judgments.

FIFO Perpetual

An inventory valuation method where the first items purchased (First In) are the first ones to be used or sold (First Out) on a continuous basis.

LIFO Perpetual

A method of inventory valuation which assumes that the last items placed in inventory are the first ones sold, applied continuously throughout the accounting period.