What Was the Significance of Pardons Granted to Rebel Soldiers

question 2

Multiple Choice

What was the significance of pardons granted to rebel soldiers under the terms of Lincoln's Proclamation of Amnesty and Reconstruction?

• A) The pardons permitted the rebels to return home with limited currency.
• B) The pardons restored property (except slaves)to rebel soldiers.
• C) The pardons kept ex-Confederate leaders from returning to political power.
• D) The pardons forgave debts incurred during the war.

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Definitions:

Fixed Cost

A cost that does not change with the level of production or sales, remaining constant regardless of activity.

Fixed Production Costs

Expenses that do not fluctuate with the level of production output, such as depreciation on factory buildings and salaries of certain managers.

Depreciation

An accounting method of allocating the cost of a tangible asset over its useful life.

Period Cost

Costs that are expensed in the period they are incurred and are not directly tied to production activity.