Which of the Following Statements Was True of Georgia

question 16

Multiple Choice

Which of the following statements was true of Georgia?

• A) Colonists sought self-government to gain the right to introduce slavery.
• B) It was the only colony to maintain a ban on liquor until independence.
• C) The philanthropists who founded it wanted to exclude lower-class Englishmen.
• D) Its residents invaded Florida and took it from Spain in the War of Jenkins' Ear.
• E) It was named for the most important British queen of the eighteenth century.

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Definitions:

Raw Materials

The basic materials and components used in the production processes of manufacturing goods.

Finished Goods Inventory

The completed products that are ready for sale but have not yet been sold.

Cash Collections

The process of gathering all monies owed to a company by its customers, reflecting inflow of cash.

Master Budget

An integrated set of financial plans that outlines a company’s financial and operational goals for a specific period, including various component budgets like sales, production, and cash budgets.