Creolization Refers to ________

question 21

Multiple Choice

Creolization refers to ________.

• A)government efforts to maintain a distinct cultural identity through legislation and language
• B)the process of mixing elements of an outside culture with those of a national culture
• C)the use of stereotypes to describe a culture
• D)changes as cultures evolve over time

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Definitions:

Salvage Value

An asset's projected market price at the termination of its serviceable life.

Simple Rate Of Return

The rate of return computed by dividing a project’s annual incremental accounting net operating income by the initial investment required.

Technologically Obsolete

A state where a product or equipment becomes outdated or no longer competitive due to advances in technology.

Discount Rate

This is the interest rate used in discounted cash flow analysis to determine the present value of future cash flows.