Listed Below Are Five Terms Followed by a List of Phrases

question 68

Multiple Choice

Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Change in useful life

• A)Allocation of cost for plant and equipment.
• B)Is a change in accounting estimate.
• C)Results from subsequent year correction of a material error.
• D)Expenditures made to maintain a given level of benefits from an asset.
• E)Generate declining amounts of depreciation over time.

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Definitions:

Slave Codes

Laws that were established in the colonial and antebellum Southern United States to define the status of slaves and the rights of masters. These codes placed harsh restrictions on slaves’ behaviors and movements.

Defined

Clearly characterized or determined; having a clear definition or boundary.

Atlantic Slave Trade

The transatlantic trading of African people, primarily to the Americas, where they were sold as slaves from the 16th to the 19th centuries, a key part of the triangular trade.

Forefront

The leading or most important position or place, often used in the context of being at the forefront of a particular field or movement.