What Would Be the Best Description of the Purpose of the Group

question 22

Multiple Choice

What would be the best description of the purpose of the group of government officials known as the mandarins?

• A)They made and changed laws according to Confucian principles, with or without the support of the Emperor.
• B)They had the task of implementing Confucian laws concerning the family.
• C)They opposed the teachings of Confucius, calling for the acceptance of the ideas of Laozi instead.
• D)They were educated in Confucian teachings and became the administrative class.
• E)They oversaw the implementation of Confucian ideas in the Chinese educational system.

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Definitions:

Residual Value

The estimated salvage value of an asset at the end of its useful life.

Double-Declining-Balance

A method of accelerated depreciation where an asset's book value is decreased at double the rate of its straight-line depreciation.

Residual Value

It's the estimated value that an asset will realize upon its sale at the end of its useful life, after depreciation has been taken into account.

Depreciable Cost

The amount of an asset’s cost that will be allocated to depreciation expense over its useful life, determined by the difference between the asset’s initial cost and its residual value.