The Continental Congress in ____ Called for the Complete Abolition

question 74

Multiple Choice

The Continental Congress in ____ called for the complete abolition of the slave trade, a summons to which most of the states responded positively.

• A) 1770
• B) 1772
• C) 1774
• D) 1776
• E) 1780

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Definitions:

Error Correction

A process in accounting used to rectify inaccuracies or mistakes in financial records and statements.

Inventory Costing Method

A system used to value inventory, including methods such as FIFO (First In, First Out), LIFO (Last In, First Out), and weighted average cost.

Fiscal Year End

The closing date of a 12-month accounting period upon which a company completes its annual financial reporting and determines net income.

Tax Effects

The impact of taxation on investment returns, business operations, or individual income.