The Twenty-Sixth Amendment, Ratified in 1971

question 4

Multiple Choice

The Twenty-sixth Amendment, ratified in 1971,

• A) gave voting rights to all African Americans.
• B) eliminated artificial barriers to voter participation.
• C) lowered the voting age for U.S. citizens from 21 years old to 18 years old.
• D) gave women the right to vote.
• E) mandated automated voting machines in all states.

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Definitions:

Permanent Accounts

These are ledger accounts that carry their ending balances into the next accounting period, typically including asset, liability, and equity accounts.

Temporary

In accounting, temporary refers to accounts that are closed at the end of an accounting period, such as revenues, expenses, and dividends.

Forthcoming Year

The approaching or upcoming calendar year.

Long-term Debt

Debt obligations of a business that are due more than one year in the future, often used for large purchases or investments.