A Literacy Test as a Requirement for Voting Was Abolished

question 31

Multiple Choice

A literacy test as a requirement for voting was abolished by

• A)the Supreme Court.
• B)acts of Congress.
• C)state legislation in all states that had the test.
• D)the Twenty-fourth Amendment.
• E)the Emancipation Proclamation

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Definitions:

Current Assets

Assets that a company expects to convert to cash or use up within one year or the operating cycle, whichever is longer.

Property, Plant, and Equipment

Long-term or relatively permanent tangible assets such as equipment, machinery, and buildings that are used in normal business operations.

Adjusted Trial Balance

A financial report that lists all accounts and their balances after adjustments, used to verify the equality of debits and credits after adjustments.

Income Statement

A financial statement that reports a company's financial performance over a specific period, detailing revenue, expenses, and profits or losses.