MATCHING Match the Person or Term with the with the Correct

question 53

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-John Marshall

• A)accused under the Sedition Act
• B)chief justice of the Supreme Court
• C)Haitian slave revolutionary
• D)organizer of a slave rebellion in America
• E)Pennsylvania militia leader tried for treason
• F)president of the Pennsylvania Abolition Society
• G)shot Alexander Hamilton in a duel
• H)wrote A Vindication of the Rights of Woman
• I)wrote The African Chief
• J)War Hawk
• K)argued for equal educational opportunities for women
• L)pan-Indian movement

Recognize specific accounting treatments for loss on non-cancellable purchase contracts.

Understand and apply the concept of the lower of cost or market rule in inventory valuation.

Differentiate between non-cancellable and cancelable purchase obligations and their accounting treatment.

Recognize the application and impact of the gross profit method on inventory estimation and valuation.