In Its Report to Secure These Rights, President Truman's Committee

question 74

Multiple Choice

In its report To Secure These Rights, President Truman's Committee on Civil Rights proposed which of the following?

• A) An increase in the number of Supreme Court justices
• B) Federal aid to African American colleges
• C) The enactment of antilynching and antisegregation legislation
• D) Legislation to bring about a redistribution of wealth in the United States

Calculate project profitability using the percentage-of-completion and cost-to-cost methods.

Understand the accounting treatment for excess or deficit of Construction in Progress over Partial Billings.

Recognize the income recognition principles for installment sales, including repossessions and deferred gross profit.

Distinguish between acceptable and unacceptable methods for revenue recognition in various scenarios like real estate sales and deliveries requiring significant customization.

---

Definitions:

Organized Labor

Workers united in trade unions, engaging collectively in negotiations and actions aimed at improving their working conditions, wages, and rights.

American Draftees

Individuals conscripted into the military service of the United States, especially during periods of war when voluntary enlistment does not meet the needs of the armed forces.

Virtue

A trait or quality deemed to be morally good or desirable in a person, including honesty, integrity, courage, and kindness.

Soldiers

Individuals who serve in the army and are involved in defense, security, and combat operations for their country.