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What event in 1303 led to the significant weakening of papal authority?
FASB Statement
Official pronouncements by the Financial Accounting Standards Board that outline accounting standards and principles.
Retrospective Adjustment
A change made to the accounting records to correct an error or to apply a different accounting policy as if it had always been applied.
Net Impact
The overall effect of transactions or events on the financial position of a company, often considered in decision-making and reports.
Accounting Principle
Fundamental guidelines or rules that govern the accounting practices and financial reporting of companies.
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