The Persian Empire's System of Satrapies Allowed for Which of the Following

question 30

Multiple Choice

The Persian Empire's system of satrapies allowed for which of the following?

• A)Subject peoples to play a dominant role in civil administration
• B)A sensible system of collecting tribute based on an area's productive capacity
• C)Noble offices to be filled by election rather than hereditary means

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Definitions:

Owner's Capital

The total assets contributed by the owner of a company plus the retained earnings minus withdrawals made by the owner.

Journalize Closing Entries

The process of recording year-end closing entries in the journal to prepare the accounts for the next fiscal period.

Adjusting Entries

Entries made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.

Post-Closing Trial Balance

A listing of all company account balances after end-of-period adjustments and closing entries have been made, used to check the balance of debits and credits.