The Mention of Pontus and Cappadocia in 1 Peter 1:1

question 23

True/False

The mention of Pontus and Cappadocia in 1 Peter 1:1 (cf. Acts 2:9) suggests that Peter "followed up" on his initial success with the Diaspora Jews at Pentecost by literally following his converts to their home regions and building on those social networks.

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Definitions:

Double Counting

The error of including the same item or financial transaction more than once in a calculation or analysis, leading to inaccurate results.

Fair Value Option

An accounting strategy allowing companies to choose to value and report certain assets and liabilities at fair market prices.

Equity Method Investments

An accounting technique used by a company to record its investment in another company, where the investment gives the investor a significant influence over the investee.

Account For

Refers to the process of recording financial transactions in the financial statements.