The Underground Railroad Consisted of

question 35

Multiple Choice

The Underground Railroad consisted of

• A) an informal network of homes where slaves could hide on their escape to freedom.
• B) a train that hid slaves in cargo areas and carried them to freedom in the north.
• C) a vehicle for capturing and returning runaway slaves back to the south.
• D) a radical new transportation design.
• E) None of these choices are correct.

---

Definitions:

Accounting Standards

Rules and guidelines set by governing bodies that determine how financial transactions and statements are recorded and reported.

Independent Audit Firms

External organizations hired to examine an entity's financial records and statements to ensure accuracy and compliance with accounting standards.

Publicly Owned Companies

Corporations whose shares are traded on public stock exchanges, allowing public investing and ownership.

Audit Standards

Guidelines and procedures set by governing bodies that dictate how financial audits should be performed, ensuring consistency, reliability, and accuracy of financial reporting.