Which Statement About Tribute,or Chiefly Redistribution,is True

question 76

Multiple Choice

Which statement about tribute,or chiefly redistribution,is true?

• A) It is found most often in hunting and gathering societies.
• B) It is based on the principle of equitable distribution among the parties.
• C) It functions to affirm the power of the chief and the solidarity of the people.
• D) It functions to allocate resources from commoners to the chief so that she or he can survive.
• E) It is used by chiefs as a way to obtain standing armies and military men to support their political power.

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Definitions:

Common Stock

A type of security that represents ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Retained Earnings

The portion of net income that is not distributed to shareholders but is kept by the company for reinvestment or debt payment.

End-Of-Period Spreadsheet

A tool used in accounting to compile all balances and adjustments at the end of an accounting period before the preparation of financial statements.

Journal Entry

A record in accounting that represents a transaction and its effect on various accounts, used to keep track of all business transactions in a company's books.