Which of the Following Was Not One of the Reasons

question 55

Multiple Choice

Which of the following was not one of the reasons why both the North and the South were unprepared for war?

• A) No one in either section had expected hostilities.
• B) Neither the North nor the South had the necessary tax structure to finance the war.
• C) Northerners were uncertain about Lincoln's ability to lead the nation.
• D) The South had poor railroads and virtually no navy.
• E) The Union had only a small army, and one third of its officers had joined the Confederacy.

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Definitions:

Work in Process Inventory

The value of the materials, labor, and overhead costs of products that are in the production process but have not yet been completed.

Underapplied Overhead

A situation where the allocated manufacturing overhead costs are less than the actual overhead costs incurred.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Direct Materials

Basic substances directly linked to the creation of a particular product.