Which of the Following Statements Related to Ethnicity Was True

question 32

Multiple Choice

Which of the following statements related to ethnicity was true in California in the 1850s?

• A) Thousands of Indian children were declared orphans and treated as slaves.
• B) The state recognized more than 15,000 African-Americans as slaves of whites who had moved there.
• C) Men of all backgrounds,except those from China,were allowed to vote and serve on juries.
• D) Indian communities prospered by renting land and selling supplies to gold miners.
• E) Wealthy Mexican landowners dominated the new state government and would do so until the 1880s.

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Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit sales by comparing net credit sales with the average accounts receivable.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or disposal.

Direct Write-off Method

A method of accounting for bad debts that charges the amount directly to expense when it is determined to be uncollectible.

Allowance Account

An accounting reserve set up to account for future adjustments such as bad debts or product returns.