During the 1928 Excavations at Anyang, Fragmentary Records and a Large

question 11

Multiple Choice

During the 1928 excavations at Anyang, fragmentary records and a large number of goods were discovered which provided information regarding their rulers. Included among the discoveries were pounded earthen walls that provided protection for the city. Which of the following was also learned as a consequence of this excavation and discovery?

• A) revealed a warlike, highly stratified society
• B) revealed the extent of the Xia Dynasty's power
• C) revealed a commitment to nation-wide unification
• D) revealed a commitment to establishing diplomatic relations with Japan

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Definitions:

Payback Method

An investment appraisal technique that calculates the time required to recover the initial investment from the cash inflows generated by the investment.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.

Cost Recovery

The process of recuperating the expenses incurred on an asset through depreciation deductions or when the asset is sold.

Profitability Index

A financial metric that measures the relative profitability of an investment by dividing the present value of future cash flows by the initial investment cost.