Which of the Following Is True

question 90

Multiple Choice

Which of the following is true?

• A)The completion of the transcontinental railroad system in the 1880s eventually made the United States the world's first mass market.
• B)Southern manufacturers were hurt by the high protective tariffs of the 19th century that kept out cheaper British manufactured goods.
• C)The national railroad network created an "American economy" rather than just a series of regional economies located in one country.
• D)Agricultural inventions such as John Deere's steel plows greatly improved farm productivity.
• E)All of the choices are true.

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Definitions:

Indirect Labor

Labor costs of employees who do not work directly on a product but whose services are necessary for the manufacturing process, including maintenance and supervision staff.

Production Activity

The operations involved in the manufacturing of goods, including tasks from raw material processing to the final product assembly.

Physical Flow

The movement of goods and materials through a production process or supply chain.

Accounting

The process of recording, classifying, summarizing, and interpreting financial transactions and events to provide relevant information for decision-making.