Which of These Was NOT a Movement Towards a More

question 43

Multiple Choice

Which of these was NOT a movement towards a more democratic presidency in the early years of the United States?

• A) The president was elected by the electoral college or the House of Representatives.
• B) The two-party system developed.
• C) Presidential candidates began to win clear-cut victories in the electoral college.
• D) Property and religious qualifications for voting were dropped.
• E) States allowed ordinary citizens to elect the members of the electoral college.

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Definitions:

Gross Profit

The financial metric that represents the difference between sales revenue and the cost of goods sold (COGS), indicating the efficiency of a company in managing labor and supplies in production.

Deferred Gross Profit

The portion of gross profit on installment sales that is not recognized immediately but is deferred until cash is received.

Cost Recovery Method

An accounting method where profits are not recognized until all the costs of the goods sold are recovered.

Sales Price

The amount of money for which a product is sold to customers.