Which of the Following Is a Way Territorial States in the Second

question 2

Multiple Choice

Which of the following is a way territorial states in the second millennium BCE differed from city-states of the previous millennium?

• A) Large territorial states were in constant conflict with one another.
• B) Monarchs of territorial states ruled distant hinterlands through widespread bureaucracies and elaborate legal codes.
• C) Once the state was established,monarchs ceased ambition for further expansion.
• D) States were linguistically and ethnically homogeneous.

Identify and distinguish between permanent and temporary accounts in the accounting cycle.

Apply knowledge of the periodic inventory system in financial transactions.

Analyze and interpret financial data to make informed business decisions.

Understand the closing process of accounts at the end of a fiscal period.

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Definitions:

Administrative Expense

Expenses that are not directly tied to the production of goods or services, such as office supplies, salaries of administrative personnel, and rent for office space.

Period Cost

Costs that are not directly tied to the production process and are expensed in the period in which they are incurred.

Plastic Parts

Components or materials made out of plastic, often used in manufacturing and production of various goods.

Direct Materials

Essential parts that directly contribute to the fabrication of particular merchandise or services.