Which of the Following Outcomes Was Achieved by Utopian Thought

question 32

Multiple Choice

Which of the following outcomes was achieved by utopian thought?

• A)It minimized the prospect of inevitable conflict between economic classes.
• B)It decreased the willingness of property owners to address problems of inequity.
• C)It increased the awareness in the educational differences of social classes.
• D)It fought the system in which people were placed into different categories.
• E)It urged citizens to divide their money equally among themselves.

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Definitions:

Depreciate

The reduction in the value of an asset over time, often due to wear and tear or obsolescence.

Lease Term

The fixed, non-cancellable period during which a lessee has the right to use an asset, plus any options to extend or terminate the lease if reasonably certain to be exercised.

Lease Criteria

The conditions and standards that a contract must meet for it to be classified as a lease under accounting standards.

Incremental Borrowing Rate

The interest rate a lessee would have to pay to borrow on a collateralized basis over a similar term to lease a similar asset, relevant in lease accounting.