MATCHING Match the Person or Term with the with the Correct

question 66

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-Roger Taney

• A)Supreme Court chief justice
• B)transcendentalist
• C)coined the term "manifest destiny"
• D)established America's first factory
• E)steamboat innovator
• F)African Methodist Episcopal Church
• G)steel plow
• H)self-made millionaire
• I)preacher in New York
• J)reaper
• K)The American Frugal Housewife
• L)called for a radical change in the wage labor system

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Definitions:

Top-Down Approach

A decision-making process that starts at the highest level of an organization and cascades down to lower levels; also, a method of analysis that begins with a macro overview before drilling down into specifics.

Operating Cash Flow

The cash generated by a company's normal business operations, indicating whether a company is able to generate sufficient positive cash flow to maintain and grow its operations.

Cash Expenses

These are expenses that require an immediate outlay of cash by the business.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, a fundamental concept in economics and financial decision-making.