What Was True of Almost All Medieval Castles

question 13

Multiple Choice

What was true of almost all medieval castles?

• A)They served as residences for noble families.
• B)They had little military value.
• C)They were enormous, usually housing thousands of people.
• D)They were owned and operated by the church.
• E)They had high towers that soared more than 300 feet in the air.

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Definitions:

Book Value

The net value of an asset or a company, calculated by subtracting liabilities from assets, often used to assess if a stock is under or overvalued.

Residual Value

The projected worth of an asset upon reaching the end of its serviceable duration.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life in equal annual amounts, simplifying accounting processes.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been expensed since the asset was put into use, often shown on the balance sheet as a reduction from the asset's historical cost.