Which of the Following Explains Why the United States Was

question 99

Multiple Choice

Which of the following explains why the United States was one of the last Western democracies to enter into a realm of social policy?

• A)The U.S.had a weaker, less competent central government.
• B)Poverty was seen as a temporary condition that could be alleviated by moving westward to open land.
• C)America's religious diversity led to competition between denominations to be the most generous to the poor.
• D)Americans believed that poverty and dependence were problems inherent in the economy.
• E)Able-bodied, unemployed adults were quickly drafted into the U.S.Army.

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Definitions:

Sales Adjusted

Adjustments made to recorded sales figures for returns, allowances, or discounts to determine the actual net sales amount.

Cash Basis

An accounting method recognizing revenues and expenses when cash is actually received or paid out, rather than when earned or incurred.

Selling and Administrative Expense

Expenses related to the selling of products and the management of the business, not directly tied to production.

Statement of Cash Flows

A financial report that summarizes the amount of cash and cash equivalents entering and leaving a company.