Which of the Following Is True of Howe's Philadelphia Campaign

question 60

Multiple Choice

Which of the following is true of Howe's Philadelphia campaign?

• A) Howe's attack was so swift that Washington had no time to organize defenses.
• B) Howe's capture of Philadelphia did very little to help the British.
• C) The unexpected defeat of Howe's forces at Germantown caused the campaign to collapse.
• D) The campaign demoralized the Continental Army.

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Definitions:

Contribution Margin

The amount of revenue from sales that exceeds variable costs, contributing to covering fixed costs and generating profit.

Operating Income

The profit realized from a business's operations, calculated by subtracting operating expenses from gross profit.

Absorption Costing

An approach to pricing that incorporates all production-related costs such as direct materials, direct labor, along with variable and fixed overhead expenses, into the product’s cost.

Variable Costing

An accounting method that includes only variable production costs (costs that vary with output) in product costs, while fixed costs are charged to the period they occur.