Which of the Following About Olmec Cities Is Correct

question 15

Multiple Choice

Which of the following about Olmec cities is correct?

• A) They served as political centers from which kings established their authority.
• B) They evidenced little planning or organization in their construction.
• C) They lacked a clearly developed artistic or iconographic tradition.
• D) They were devotional centers featuring massive earthen mounds, platforms, palaces, and plazas.

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Definitions:

New-entity Method

A consolidation method that treats the combined entities as a completely new reporting entity.

Acquisition Method

An accounting method used to assess and combine the financial statements of two companies in the event of a merger or acquisition.

Fair Market Values

The price at which an asset would trade in a competitive auction setting, representing the asset's value between willing buyers and sellers.

Net Assets

Net Assets represent the residual interest in the assets of an entity after deducting its liabilities, essentially equivalent to equity in a for-profit organization.