The Communist Revolution in China Differed from the One in the Soviet

question 48

Multiple Choice

The communist revolution in China differed from the one in the Soviet Union because China's

• A) was based on widespread popular revolution.
• B) succeeded without the use of violence.
• C) closely adhered to Marxist theory.
• D) did not rely on a strong individual leader.
• E) was based primarily in the cities.

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Definitions:

Variable Expenses

Expenses that vary directly with the level of business activity.

Fixed Expenses

Costs that do not vary with the level of production or sales, such as rent or salaries.

Net Sales

Sales revenue less sales returns and allowances and less sales discounts.

High-Low Method

A technique used in management accounting and cost accounting to split fixed and variable costs based on the highest and lowest levels of activity.