What Distinguished the Farmers' Alliances from the Granger Movement

question 17

Multiple Choice

What distinguished the Farmers' Alliances from the Granger movement?

• A) The Grangers focused solely on social and recreational activities, while the Alliances focused solely on political action.
• B) The Grangers supported free-silver economic policies, while the Alliances supported the gold standard.
• C) The Grangers supported low tariffs, while the Alliances supported high tariffs.
• D) The Grange was a national organization that tended to attract more prosperous farmers, while the Alliances were grass roots organizations filled with struggling farmers.
• E) The Grangers were predominantly a wing of the Democratic party while the Alliances were predominantly a wing of the Republican party.

---

Definitions:

Lower of Cost

An accounting rule where inventory is recorded at the lower of either its acquisition cost or market value at reporting time.

Allowance Method

An accounting technique used to estimate and account for doubtful debts, reducing accounts receivable to a realistic amount.

Direct Method

A way of presenting the cash flow statement where actual cash flows from operating activities are listed directly.

Inventory Loss

A reduction in inventory count due to theft, spoilage, or other discrepancies not related to sales.