From Which Occupation(s)did the Enlisted Men That Survived the Winter

question 28

Multiple Choice

From which occupation(s) did the enlisted men that survived the winter at Valley Forge come from?

• A)They were all landlords.
• B)Many were independent artisans.
• C)They were mostly laborers, servants, apprentices, and former slaves.
• D)Many were former impressed sailors in the British Navy.

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Definitions:

Net Approach Method

A pricing method where the net price after all discounts is shown in the invoice.

Periodic Inventory System

An inventory valuation method where the inventory is physically counted at specific intervals and the cost of goods sold is calculated thereafter.

Discounts Lost

Costs incurred when a payment discount is not taken advantage of within the specified discount period.

Partial Payments

Payments that are made to settle a portion of the total amount owed, rather than the full balance.