Use the Following to Answer Questions

question 60

Multiple Choice

Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-Rule from 960 to 1279 in China; built a state structure that endured for a thousand years. China became "the richest, most skilled, and most populous country on earth" during this period.

• A)Sui dynasty
• B)Tang dynasty
• C)Song dynasty
• D)Hangzhou
• E)economic revolution
• F)foot binding
• G)tribute system
• H)Xiongnu
• I)Khitan and Jurchen people
• J)Silla dynasty (Korea)
• K)hangul
• L)chu nom
• M)Shotoku Taishi
• N)bushid--
• O)Izumi Shikibu
• P)Chinese Buddhism
• Q)gunpowder
• R)Emperor Wendi

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Definitions:

Unrealized Loss-Income

Gains or losses that have occurred on paper but are not yet realized through a transaction.

Fair Value Adjustment

Fair Value Adjustment refers to an accounting action that adjusts the reported value of an asset or liability to reflect its current market value.

Trading Securities Portfolio

A collection of securities bought and held primarily for sale in the short term to generate income on short-term price differences.

Fair Value

The estimated price at which an asset can be bought or sold in an orderly transaction between market participants at the valuation date.