Instructions: Please Write a Thorough, Well-Organized Essay to Answer Each

question 30

Essay

Instructions: Please write a thorough, well-organized essay to answer each question. Explain the similarity between the ideas of Peter Waldo and those of Saint Francis of Assisi. Why were the Franciscans never declared heretical?

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Definitions:

Planning Budget

A forecast that outlines future income, expenses, and financial goals, guiding financial decision-making over a specific period.

Fixed Cost

Fixed cost refers to business expenses that remain constant regardless of the level of production or sales, such as rent, salaries, or insurance, integral to budgeting and planning.

Total Expenses

The sum of all costs and expenses, both fixed and variable, incurred by a business during a specific period.

Planning Budget

A budget prepared for a specific level of activity, used as a tool for comparing actual results to see if plans and objectives are being met.