What Term Formerly Referred to a Culture That Shared a Single

question 21

Multiple Choice

What term formerly referred to a culture that shared a single language, religion, history, territory, ancestry, and kinship?

• A) homeland
• B) monoculture
• C) country
• D) nation
• E) society

---

Definitions:

Scrap Value

The estimated resale value of an asset at the end of its useful life, also known as salvage value.

Units-Of-Production Method

An approach to depreciation that allocates the cost of an asset over its useful life based on its output or usage, rather than the passage of time.

Scrap Value

The estimated resale value of an asset after its useful life is over and it can no longer be used as intended.

Double-Declining-Balance

A method that determines a depreciation amount for the first year that is approximately twice the straight-line rate.