Philip II Favored the Secular Over the Regular Clergy Because

question 44

Multiple Choice

Philip II favored the secular over the regular clergy because

• A) he was angered by the scandalous lifestyles of the friars.
• B) he disliked the independence of spirit shown by the regulars regarding Spain's policy toward indigenous peoples.
• C) the papacy had ordered that secular clergy replace the regulars in the spiritual direction of indigenous converts.
• D) he was concerned over the excessive number of monasteries and their great wealth.

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Definitions:

Percentage

A fraction or ratio expressed as a part of one hundred, used to describe proportions or compare values.

Retail Inventory Method

An accounting procedure for estimating inventory value by applying a percentage cost-to-retail price.

Inventory Value

The total cost or market value of all items held in inventory, including raw materials, work-in-progress, and finished goods.

FIFO Cost Flow Assumption

An inventory valuation method where goods purchased first are the first sold, assuming costs are charged in the order in which they are incurred.