Which of the Following Was Not One of the Puritan

question 66

Multiple Choice

Which of the following was not one of the Puritan beliefs?

• A) Salvation was predetermined.
• B) Christ was not present in the Eucharist.
• C) A learned sermon was the heart of worship.
• D) Membership in the church should be extended to anyone who had been baptized.
• E) It was necessary to live lives of severe self-discipline.

---

Definitions:

Flexible Short-term Policy

A financial strategy that allows for maintaining a higher level of current assets, providing a buffer against unforeseen liabilities or expenses.

Restrictive Short-term Policy

A financial policy aimed at minimizing the amount of working capital to reduce short-term financing costs, often at the risk of running low on liquidity.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.

Cash Flow Time Line

A visual representation that maps out all cash inflows and outflows of a project or investment over time.