In the Divisions Within Buddhism, Those Who Followed the School

question 1

Multiple Choice

In the divisions within Buddhism, those who followed the school of Theravada believed in

• A) the importance of strict attention to personal behavior as a means to escape the wheel of life.
• B) a bodhisattva helping someone to achieve Nirvana .
• C) the divinity of Buddha.
• D) the possibility of only one reincarnation for each soul.
• E) the Twelve Fold Path.

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Definitions:

Reciprocal Services Method

A method of allocating support department costs to production departments that considers all inter-support-department services.

Sequential Method

A process or analytical approach where steps are followed in a specific, sequential order to achieve a desired result or solution.

Direct Method

A way of preparing a cash flow statement where actual cash receipts and payments are reported, rather than adjusting net income for accruals.

Reciprocal Method

An accounting technique used in managerial accounting to allocate costs between support departments, taking into account the mutual services they provide to each other.