The Two Highest Orders of the Caste System Were Reserved

question 11

Multiple Choice

The two highest orders of the caste system were reserved for

• A) royalty, who abstained from involving themselves in military affairs.
• B) Aryans and their descendants, who considered the Hindus their inferiors.
• C) Jains, who revered all life.
• D) pariahs, who evolved into the business class.
• E) native Indians, who cooperated with the Aryans..

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Definitions:

FIFO

First-In, First-Out, an inventory valuation method where goods purchased first are sold first.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set.

Net Realizable Value

The estimated selling price of goods minus the costs of their sale or disposal.

Lower of Cost

An inventory valuation method requiring inventory to be recorded at the lower of its historical cost or current market value.