Which of the Following Was NOT Characteristic of the English

question 76

Multiple Choice

Which of the following was NOT characteristic of the English indenture system?

• A) The presence of indentured servants was a source of social unrest.
• B) Most indentured servants received land upon completion of their contracts.
• C) Female indentured servants constituted one-fourth of the total arrivals.
• D) Female indentured servants were typically not allowed to marry while under contract.
• E) Contracts for indenture generally lasted four to five years.

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Definitions:

Contribution Margin

The amount remaining from sales revenue after variable costs have been deducted, indicating how much contributes to covering fixed costs and generating profit.

Manufacturing Margin

The difference between the sales revenue generated from manufactured goods and the cost of goods sold (COGS), highlighting the profitability of manufacturing activities.

Variable Costing

An accounting method that includes only variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs and treats fixed manufacturing overhead as a period cost.

Operating Income

Income generated from regular business operations, excluding revenues and expenses from non-operating activities.