Most of the Revenue from the Tax on Salt Went

question 19

Multiple Choice

Most of the revenue from the tax on salt went to

• A) Extend and develop the Silk Road.
• B) build the Great Wall.
• C) support large armies.
• D) extend the Grand Canal.
• E) promote the silk industry.

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Definitions:

Assets Test

A financial measure used to determine eligibility for certain government benefits based on the value of one's assets.

Profit Test

A determination to assess the viability and profitability of a project or investment by comparing costs against potential benefits.

Reportable Segments

Parts of a business that have separate financial information available, which can be evaluated regularly by the company's chief operating decision-maker in deciding how to allocate resources and in assessing performance.

Profits

The financial gain remaining after subtracting all expenses, taxes, and costs from total revenue.