The New Religious Orders of Dominicans and Franciscans

question 7

Multiple Choice

The new religious orders of Dominicans and Franciscans:

• A) were composed of ill-prepared, often illiterate monks.
• B) preferred to work within the confines of monasteries.
• C) preferred to work outside the confines of monasteries.
• D) led to the counter-reformation.
• E) attempted to halt the development of the universities.

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Definitions:

Anticipated Annual Incremental

Expected yearly increases in revenue or benefits as a result of a particular action or investment, not considering future inflation or changes in currency value.

Salvage Value

The anticipated market value of an asset after its period of utility has ended.

Payback Period

The duration required for an investment to produce income or cash flow that matches the investment's initial cost.

Incremental Net

The net change in financial outcomes resulting from a particular decision or action, considering only the relevant costs and benefits.