Which of the Following Helps Explain Harry Truman's Victory in the Presidential

question 38

Multiple Choice

Which of the following helps explain Harry Truman's victory in the presidential election of 1948?

• A) Recognition of the new State of Israel kept Jewish voters loyally Democratic.
• B) Antilynching legislation that he guided through Congress weakened southern racism and won Truman the support of many white Southerners.
• C) Big labor overwhelmingly supported Truman because he frequently invoked the Taft-Hartley Act to help striking workers get their demands.
• D) Conservative Republicans voted for Democrat Harry Truman because they supported his proposals for national health insurance and federal aid to education.

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Definitions:

Accumulated Depreciation

The cumulative amount of depreciation expense recorded for an asset from the time of its acquisition.

Contra Asset

An account on a company's balance sheet that reduces the value of a related asset, such as accumulated depreciation.

Expense Account

An account that records the costs incurred by a business in the process of earning revenue, part of the company's income statement.

Adjusting Entry

A record added in the books at the closing of an accounting cycle to note any unrecorded earnings or expenditures during that time.