The Central Government Under the Articles of Confederation Raised Money

question 27

Multiple Choice

The central government under the Articles of Confederation raised money by

• A)enacting a national sales tax.
• B)passing import/export tariffs.
• C)attacking British merchant ships.
• D)imposing an income tax.
• E)requisitioning funds and printing currency.

---

Definitions:

Departmental Overhead Rates

The allocation of indirect costs to specific departments within a company, often used to more accurately assign total overhead costs to production activities.

Direct Labor Hour

The amount of time spent by workers directly manufacturing a product or providing a service, often used in costing and operational efficiency analysis.

Molding Department

A specialized manufacturing sector responsible for shaping materials using rigid frames or models called molds.

Overhead Rate

A measure used to allocate the costs of indirect expenses to specific cost objects based on a certain base, such as labor hours or machine hours.