When John Adams Insisted That the Revolution Began Before the Shooting

question 60

Multiple Choice

When John Adams insisted that the Revolution began before the shooting started, he meant:

• A) the British could not hold onto the uncooperative colonies
• B) guerrillas had already been operating throughout the colonies
• C) France and Spain had pledged their support prior to 1776
• D) American public opinion had already turned against the British by the time of Lexington and Concord
• E) there were movements afoot attempting to overthrow British control of the colonies

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Definitions:

Depreciation Expense

The distribution of a physical asset's cost throughout its lifespan.

Operating Activities

Business actions that are part of a company's primary operations, including revenue generation and expenses tied to its core business functions.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financial activities.

ASPE

Accounting Standards for Private Enterprises; a set of accounting standards for private companies in Canada, designed to meet the needs of private entities.