Many of the Company Men, Inspired by Enlightenment Ideals of Cosmopolitanism

question 56

Multiple Choice

Many of the Company men, inspired by Enlightenment ideals of cosmopolitanism, became great admirers of Indian culture and were fond of what was known as "going native," even to the point of occasionally wielding power as local magnates or _________, a term which later came to be generally used to define anyone who acquired a large fortune in India under British rule.

• A) nabobs
• B) sepoys
• C) jawan
• D) gentoos

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Definitions:

NSF Check

Stands for Non-Sufficient Funds Check, a check that cannot be processed due to insufficient funds in the account it was drawn on.

Adjusting Entry

Journal entries made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Bank Reconciliation

Bank reconciliation is the process of matching the balances in an entity's accounting records to the corresponding information on a bank statement, to ensure accuracy and identify discrepancies.

Journal Entry

A record used in bookkeeping that logs the debits and credits made to different accounts as a result of business transactions.