What Criteria Does a Social Class System Use to Stratify

question 2

Multiple Choice

What criteria does a social class system use to stratify its members?

• A) heredity and employment status
• B) occupational attainment and gender
• C) wealth, property, power, and prestige
• D) income
• E) race

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Definitions:

Groups of Assets

Collections of multiple assets owned by a company that are used together in the company's operations.

Depreciation

The systematic allocation of the cost of a tangible asset over its useful life, recognizing the asset's wear and tear, deterioration, or obsolescence.

Long-Lived Tangible Asset

Physical assets that have a useful life of more than one year, used in the operation of a company.

Future Periods

Timeframes that are ahead of the current date, focusing on planning or projections in accounting or strategic planning.