Which of the Following Is Characteristic of the Post-Civil War

question 114

Multiple Choice

Which of the following is characteristic of the post-Civil War southern labor system?

• A)Black workers preferred working in gangs as they had done under slavery.
• B)The new system of sharecropping evolved.
• C)Foreign immigrants were brought in to replace slave laborers.
• D)Most ex-slaves purchased land and often employed their former masters.
• E)The economy quickly recovered from the ravages of war.

---

Definitions:

Activity-based Costing

An approach to assigning an organization's overhead costs to specific products or services based on the activities undertaken to produce those products or services.

Direct Labour-hours

Direct labor-hours are the total hours spent by workers who directly contribute to the manufacture of a product, a direct measure of labor input.

Activity Cost Pools

Aggregations of all the costs associated with specific activities, used in activity-based costing to allocate costs more accurately.

Activity-based Costing

A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate cost information.