During the Time of the Aztec and Inca,changes Were Taking

question 16

Multiple Choice

During the time of the Aztec and Inca,changes were taking place in Europe,which included

• A)Dutch and Belgians venturing out into unknown waters of the Atlantic.
• B)people gaining new knowledge from reading Arabic and Persian books.
• C)expansion of the number of books available, even though they were still hand-copied.
• D)the founding of colonies on the Madeira and Canary Islands.
• E)the exploration of the Pacific by sailing around Africa.

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Definitions:

Cost Method

An accounting approach used to measure the value of an investment, based on the cost to acquire it, minus any impairments.

Unamortized Acquisitional Fair Value Adjustments

The portion of the adjustments to the fair values of acquired assets and liabilities through an acquisition that has yet to be amortized over their useful life.

Unrealized Profit

Profit that has been generated on paper from investments but not yet realized through a sale or transaction.

Upstream Sales

Transactions involving the sale of goods or services from a subsidiary to a parent company, often seen in vertical integration scenarios.