The Union's Initial Strategy of Limited Warfare in 1861 and 1862

question 24

Multiple Choice

The Union's initial strategy of limited warfare in 1861 and 1862 included all of the following,except

• A) not attacking civilians.
• B) trying to avoid damaging civilian properties.
• C) trying to instigate massive slave escapes and rebellions so as to avoid military bloodshed.
• D) occupying Southern territory.
• E) defeating the Confederate Army.

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Definitions:

Cash Flows

The net amount of cash and cash equivalents being transferred into and out of a business.

Accrual Income

This refers to the income that is earned in a fiscal period but not received within the same period.

Internal Rate of Return

A financial metric used to evaluate the profitability of an investment, indicating the annualized rate of return that makes the net present value of all cash flows from the investment equal to zero.

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.