Match the Person or Term with the with the Correct

question 116

Multiple Choice

Match the person or term with the with the correct description.
-Virginia Company

• A)principles of religious toleration
• B)believed the spirit of God dwelled in all persons
• C)gave five to seven years of service for passage to America
• D)first elected assembly in colonial America
• E)charter company that established Jamestown
• F)first written frame of government in British America
• G)a religious compromise for the descendants of the Great Migration
• H)primary crop of the Chesapeake colonies
• I)argued that the Church of England was still too Catholic
• J)granted fifty acres to anyone who paid his own passage
• K)a political movement favoring expanded liberties
• L)written in 1215,this document was said to embody English freedom

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Definitions:

Flexible Budget

An adaptable budget configured to change with differing levels of activity or volume.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of several different investments.

Variable Costs

Variable costs are expenses that change in proportion to the activity of a business, such as sales volumes.

Controllable Fixed Costs

Expenses that do not change with production level but can be altered or managed by decisions at the management level.