Rivers of the Early Civilizations Provided an Easy Form of Transportation

question 8

Multiple Choice

Rivers of the early civilizations provided an easy form of transportation and communication, which allowed

• A) China's emperor to stay in touch with his entire empire.
• B) for the development of trade and commerce.
• C) people in China to travel to and trade with the people of India without going inland.
• D) authorities in urban areas to extend their control over a much greater area than ever before.
• E) people to leave their clans and migrate to other regions, knowing that they would be able to return for visits from time to time.

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Definitions:

Goodwill Impairment

A decrease in the value of goodwill, which occurs when the carrying amount of a company's goodwill exceeds its fair value.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after intercompany transactions have been eliminated.

Equity Method

An accounting technique used when a company invests in another company and has significant influence over it, allowing the investor to recognize a share of the investee's net income.

Impairment Loss

A reduction in the recoverable amount of a fixed asset or intangible asset below its book value, recognized as a loss in financial statements.