The White Settler Colonies Such as Rhodesia and Kenya

question 12

Multiple Choice

The white settler colonies such as Rhodesia and Kenya

• A) threw Europeans out of their lands and regained control as soon as decolonizing began.
• B) had to fight the Europeans for several years before the colonizers gave up and left.
• C) witnessed black against black fighting freedom as freedom fighters took up arms against those they labeled "collaborators."
• D) did not gain their independence until the late 1980s.
• E) found it necessary to go to Britain and address Parliament to get people to listen to their complaints.

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Matching Principle

An accounting principle that dictates that expenses should be matched with the revenues they helped to generate in the same period.

Revenues

Revenues refer to the total amount of money earned by a company from its business activities, such as the sale of goods or services, before any expenses are subtracted.

Expenses

Outflows or other using up of assets or incurring of liabilities during a period from delivering or producing goods, rendering services, or carrying out other activities that constitute the entity's ongoing major operations.