Who Codified the Distinction Between a Scholar-Amateur and an Academic-Professional

question 1

Multiple Choice

Who codified the distinction between a scholar-amateur and an academic-professional?

• A) Dai Jin
• B) Shitao
• C) Jeong Seon
• D) Dong Qichang

---

Definitions:

Prepaid Expenses

Expenses paid for in advance and recorded as assets before they are used or consumed.

Acid-Test Ratio

The acid-test ratio, also known as the quick ratio, measures a company's ability to meet its short-term obligations with its most liquid assets, excluding inventory.

Marketable Securities

Financial instruments that can be easily converted into cash. They include stocks, bonds, and Treasury bills among others.

Current Liabilities

Financial responsibilities that must be settled within a period of one year.