Social Practices Typical to Many African Societies Included

question 49

Multiple Choice

Social practices typical to many African societies included

• A) election of kings by all adult males.
• B) a lineage system that was often matrilineal rather than patrilineal and strict behavioral patterns between the sexes.
• C) behavior patterns between the sexes that were more relaxed than those found in societies in other parts of the world and a strictly patrilineal lineage system.
• D) both a lineage system that was often matrilineal rather than patrilineal and behavior patterns between the sexes that were more relaxed than those found in other societies.
• E) absolute intolerance of non-local religions.

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Definitions:

Amortized Discount

A method of gradually reducing the discount on a bond over the period to its maturity, aligning interest expense with the increasing book value of the bond.

Interest Payable

A liability account that represents the amount of interest expense that has accrued but has not been paid as of the balance sheet date.

Interest Expense

The cost incurred by an entity for borrowed funds.

Direct Method

In cash flow statement preparation, the Direct Method lists all major operating cash receipts and payments, showing the net cash provided by or used in operating activities.