Which Is NOT True of the Olive Branch Petition

question 21

Multiple Choice

Which is NOT true of the Olive Branch Petition?

• A) It attempted to reconcile the colonists and the British.
• B) It was authored by John Dickinson.
• C) It changed the thinking of George III toward the Americans.
• D) It rejected independence.
• E) It was issued by the Continental Congress.

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Definitions:

Overhead Cost

Expenses related to the operation of a business that are not directly tied to a specific product or service, such as rent and utilities.

Activity Cost Pools

Groupings of individual costs associated with specific activities used in activity-based costing to allocate costs more accurately.

Activity-Based Costing

An accounting method that assigns costs to products or services based on the activities they require, improving cost accuracy.

Direct Labor-Hours

The cumulative hours put in by workers who are directly engaged in the production process.