Under the New Slave Code Enacted in 1705 by the House

question 48

Multiple Choice

Under the new slave code enacted in 1705 by the House of Burgesses, how were slaves classified?

• A) as an enemy faction, in need of extreme suppression
• B) as legal equals but social inferiors to free persons
• C) as indentured servants who could earn their freedom
• D) as prisoners, guilty of blasphemy
• E) as property, completely subject to the will of their masters

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Definitions:

Direct Method

A method of reporting the cash flows from operating activities as the difference between the operating cash receipts and the operating cash payments.

ABC

Activity-Based Costing, a method that allocates overhead and indirect costs to related products and services based on their usage.

Support Department Costs

Expenses related to departments that do not directly contribute to the production of goods or services but provide necessary support, such as IT and HR.

Support Activity Costs

Expenses related to functions that assist the core operations of a business, such as human resources or accounting, which do not directly contribute to the production of goods or services.