What System of Stratification Is Employed by a Society with Two

question 60

Multiple Choice

What system of stratification is employed by a society with two distinct strata, a category of people who are free and a category of people who are legally the property of others?

• A) the slave system
• B) the estate system
• C) the class system
• D) the caste system

---

Definitions:

Cost Method

An accounting method used to value an investment, where the investment is recorded at its original cost without adjusting for market changes.

Consolidated Balance Sheet

A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries into one document.

Deferred Income Taxes

A liability on the balance sheet that results from differences in the timing of recognition of income and expenses for tax and financial reporting purposes.

Straight Line Amortization

A method of allocating the cost of an intangible asset over its useful life in equal annual installments.