Match the Term with the Definition

question 16

Multiple Choice

Match the term with the definition.
-1876 battle begun when American cavalry under George Armstrong Custer attacked an encampment of Indians who refused to remove to a reservation. Indian warriors led by Crazy Horse and Sitting Bull annihilated the American soldiers, but their victory was short-lived.

• A)Battle of the Little Big Horn
• B)Black Hills
• C)Carlisle Indian School
• D)Chinese Exclusion Act
• E)Comanchería
• F)Comstock Lode
• G)Dawes Allotment Act
• H)first transcontinental railroad
• I)Ghost Dance
• J)Homestead Act of 1862
• K)reservations
• L)Wounded Knee

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Definitions:

Income Statement

A report showcasing a corporation's financial results for a particular accounting cycle, which includes information on income, costs, and earnings.

Average Collection Period

The average number of days it takes for a company to receive payment after a sale has been made, indicating the efficiency of credit and collections policies.

Balance Sheet

A financial statement that displays a company’s assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement

A financial statement that shows a company's revenues, expenses, and net income over a specific period, illustrating its financial performance.