What Was a Result of the Northern Colonies' Lack of a Cash

question 89

Multiple Choice

What was a result of the northern colonies' lack of a cash crop?

• A) Slavery did not exist in Massachusetts and New York.
• B) More slaves existed in the northern colonies compared to southern ones.
• C) Slavery was banned in all of New England.
• D) Slavery was not as integrated into the northern colonial economy as compared to the South.
• E) The northern colonial economies struggled with trade and attracting settlers.

Identify and explain the three major types of business activities: operating, financing, and investing.

Comprehend the concept and importance of strategic management in business.

Know the role of the International Accounting Standards Board (IASB) and the Securities and Exchange Commission (SEC) in establishing accounting standards and principles.

Grasp the principles of objectivity, cost principle, and the going-concern assumption in accounting.

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Definitions:

Excessive Absenteeism

The frequent absence from work or duties without good reason, beyond what is deemed to be normal or acceptable.