Which of the Following Factors Was NOT Responsible for the Decline

question 128

Multiple Choice

Which of the following factors was NOT responsible for the decline in farmers as a percent of the U.S.population from after the Civil War to 1900?

• A)Falling prices for corn,wheat,and cotton
• B)The demand for food outstripped supply
• C)New technology
• D)The government's liberal land policy that increased output

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Definitions:

Documentation Procedures

The processes and methods for systematically recording and organizing documents and records pertinent to business operations.

Prenumbered Checks

Checks that are sequentially numbered for tracking purposes and to prevent fraud.

Approved Invoice

An invoice that has been reviewed and authorized for payment by the designated party or department within a company.

Segregation Of Duties

A preventive internal control mechanism designed to reduce the risk of fraud and errors by ensuring that no single individual has control over all phases of a transaction or operation.