Which Statement About the Young American Nation Is FALSE

question 63

Multiple Choice

Which statement about the young American nation is FALSE?

• A) Its population was still about 90 percent rural.
• B) The first official census of 1790 recorded almost 4 million people.
• C) All but 5 percent of the people lived east of the Appalachian Mountains.
• D) A majority of the population was branching out west of the Appalachian Mountains.
• E) Foreign visitors looked down at the roughness and crudity of the pioneering life.

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Performance Reports

Documents that compare actual business results to planned or budgeted figures to evaluate performance.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, used to compare actual performance against what should have occurred at the actual level of activity.

Static Budget

A fixed budget that does not change with the level of activity or production volume, often used for planning purposes.