The US Army Participated in Extermination of the American Bison During

question 54

Multiple Choice

The U.S. Army participated in extermination of the American bison during the mid-1800s because

• A) The Army desperately needed meat
• B) The United States wanted the Great Plains free for agriculture
• C) The Army needed leather for shoes
• D) Native people depended on the bison for food and shelter
• E) None of these, the U.S. Army did not participate in extermination of the American bison

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Definitions:

Capital Expenditures

The costs of acquiring fixed assets, adding to a fixed asset, improving a fixed asset, or extending a fixed asset’s useful life.

Fixed Asset

Long-term tangible property that a company owns and uses in its operations to generate income, such as buildings, machinery, and equipment, which are not expected to be consumed or converted into cash within a year.

Property, Plant, Equipment

Long-term assets held for business use and not intended for resale, such as buildings, machinery, and vehicles, subject to depreciation.

Depreciated

A decrease in the value of an asset over time due to wear and tear or obsolescence.