Cromwell's Act of Settlement (1652)in Ireland Was Important Because

question 18

Multiple Choice

Cromwell's Act of Settlement (1652) in Ireland was important because

• A)it gave Ireland its freedom from English rule.
• B)it transferred direct rule of Ireland to Scotland.
• C)it gave Catholics control of the Irish government.
• D)it established Protestant rule in Ireland.
• E)it forced all Irish citizens to swear allegiance to Cromwell or leave the country.

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, often derived from the company's profits.

Minority Active Investment

An investment where the investor holds a non-controlling interest in a company but is still actively involved in its management or operations.

Equity Method

An accounting technique used for recording investments in associate companies where the investment is initially recognized and subsequently adjusted for the investor’s share of the net assets of the investee, including recognized income or loss.

Cost Method

An accounting method used to record investments in which the investment is recorded at its acquisition cost without recognizing subsequent changes in market value.