Which of the Following Statements Best Describes Cowboys

question 103

Multiple Choice

Which of the following statements best describes cowboys?

• A) Cowboys were well paid and generally enjoying comfortable working conditions.
• B) Cowboys were almost always white, because there was a deep prejudice against blacks and Mexicans among cattlemen.
• C) Cowboys were usually the owner-operators of cattle ranches.
• D) Cowboys were usually ne'er-do-well drifters.
• E) Most were in their teens and twenties and worked for a year or two before pursuing different livelihoods.

---

Definitions:

Process Costing System

An accounting method used to assign costs to units of production in industries where the production process is continuous.

Ending Work In Process

The balance of unfinished goods at the end of an accounting period, which includes material, labor, and overhead costs incurred.

Cost Reconciliation Report

A financial document summarizing the cost elements of a production process, including materials, labor, and overhead, to reconcile any variances between expected and actual costs.

Work In Process Inventory

Goods that are in various stages of production within a factory but are not yet completed.