Which Is True of Northerners Who Assisted Escaped Slaves

question 40

Multiple Choice

Which is true of Northerners who assisted escaped slaves?

• A) If caught, they were sent to the South for trial.
• B) Many were part of a movement that urged the North to secede from the union.
• C) They were breaking federal law.
• D) They were typically Canadian citizens.
• E) Many traveled into the South to liberate slaves from plantations.

---

Definitions:

Expense Recognition Principle

An accounting principle that dictates that expenses should be recognized in the period in which they contribute to the generation of revenue.

Income Statement

A financial report that shows a company's revenues, expenses, and profits over a specific period, indicating its financial performance.

Incurred

Refers to costs or expenses that have been recognized or acquired, usually due to a company's operations or activities.

Interest Expense

The cost incurred by an entity for borrowed funds, representing the price paid for the use of borrowed money or for delaying the repayment of a debt.