In Humanism, the Center of Intellectual Life Was

question 31

Multiple Choice

In humanism, the center of intellectual life was

• A)the Bible, the writings of Church Fathers such as Augustine, and recent papal encyclicals.
• B)the new scientific thought best exemplified by da Vinci.
• C)the pursuit of profit in the expanding commercial economy.
• D)poetry, history, and rhetoric based on ancient Greek and Roman forms and values.
• E)competition between city states and kingdoms in Italy.

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Definitions:

Net Cash

The difference between a company's total cash inflows and outflows over a specific period.

Operating Activities

Business actions that are directly related to the production, sale, and delivery of products or services, which are reflected in the company's income and cash flow statements.

Cash Basis

A bookkeeping approach that registers income and expenses at the time cash is exchanged, rather than when they are accrued.

Direct Method

An accounting practice of allocating support department costs directly to producing departments without consideration for interdepartmental services.