The Feudal System in Europe Was Different from the Roman

question 73

Multiple Choice

The feudal system in Europe was different from the Roman Empire because

• A) there were many overlapping political authorities under feudalism and only a single government under the Roman Empire.
• B) the political authorities during the feudal period were not Christian.
• C) the feudal system was capitalist while the Roman Empire was socialist.
• D) citizenship was limited to Romans.

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Definitions:

Real Accounts

Accounts that represent assets, liabilities, and equity, and whose balances are carried over from one fiscal year to the next.

Adjusted Trial Balance

A list of all company accounts and their balances after adjustments are made, used for preparing financial statements.

Equity Accounts

Financial accounts that represent the owner's interest in a company, including common stock, preferred stock, and retained earnings.

Statement of Stockholders' Equity

A financial statement that outlines the changes in the equity section of the balance sheet during a specific period, including investments by and distributions to shareholders.