Which of the Following Statements About Native Americans Is INCORRECT

question 206

Multiple Choice

Which of the following statements about Native Americans is INCORRECT?

• A) Native Americans on the Great Plains had horses before the Europeans arrived.
• B) Lack of immunity to European diseases killed 90 percent of Native Americans within 100 years after contact.
• C) Native Americans likely came originally from Asia, over the Bering Strait land bridge.
• D) By 1907, only 2 percent of the original Native American population was left

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Definitions:

Depreciation Deduction

A tax deduction that allows the cost of an asset to be spread over its useful life.

Depreciation Tables

Charts or schedules provided by tax authorities that outline how to depreciate assets over their useful lives for tax purposes.

Land Value

The market value of a piece of land, not including any buildings, improvements, or other structures on it.

Schedule K-1

A tax document used to report the income, losses, and dividends of a partnership or S corporation's shareholders or partners.