Timbuktu in the Fourteenth Century Was a

question 20

Multiple Choice

Timbuktu in the fourteenth century was a

• A) barren and inhospitable location in the Sahara.
• B) major port of trade with the eastern world on the Indian Ocean.
• C) military outpost in the kingdom of Ghana.
• D) city in Mali, with a distinguished faculty of scholars.

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Definitions:

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the regulatory authorities.

Government Business Enterprises

Public-sector entities that are legally separate from the government but operate in a commercial environment to deliver goods and services not typically provided by private sector businesses.

Amortization Of Tangible Capital Assets

The systematic reduction in the value of physical assets of a company over their useful lives for accounting and tax purposes.

Statement Of Changes

A detailed financial statement showing the changes in equity of a company over a certain period of time, including transactions with shareholders and the result of profits or losses.