The Enforcements Acts

question 22

Multiple Choice

The Enforcements Acts

• A) made interference with a person's right to vote a criminal act.
• B) guaranteed former slaves the right to establish schools.
• C) limited the federal government's role in local elections.
• D) guaranteed the rights of blacks to hold meetings and protest.
• E) made obstruction of a person's right to work a criminal act.

---

Definitions:

Cost of Goods Sold

The specific expenses directly associated with the manufacturing of products a company sells, such as raw materials, workforce costs, and overhead expenses related to the production process.

Beginning Inventory

The value of all inventory held by a company at the start of an accounting period, before any purchases are made.

Operating Cycle

The operating cycle is the duration of time that takes for a company to purchase inventory, sell it to customers, and collect the cash from the sales.

Accounts Receivable

Outstanding payments due to a firm from its customers for delivered goods or services awaiting payment.