In Its Early Centuries,the Holy Roman Empire Failed to Develop

question 56

Multiple Choice

In its early centuries,the Holy Roman Empire failed to develop a powerful centralized government because

• A) the Emperors were preoccupied with northern Italy and the Papacy.
• B) the Emperors were elected.
• C) the main princes were fiercely independent.
• D) the nobility was able to consolidate its control over local populations.
• E) all of the above

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Definitions:

Indirect Method

An approach used in cash flow statements where net income is adjusted for changes in non-cash working capital and other items to arrive at net cash flow from operating activities.

Fixed Assets

Fixed assets are long-term tangible assets that a company owns and uses in its operations to generate income, such as buildings, machinery, and equipment.

Percentage-Of-Completion Method

An accounting method used to recognize revenues and expenses of long-term projects proportionate to the work completed during the period.

Contract Costs

Expenses directly related to securing and executing a contract, including labor, materials, and overheads.