The Most Active and Effective Organizations in Adapting Buddhist Teachings

question 81

Multiple Choice

The most active and effective organizations in adapting Buddhist teachings and practices to the world today have been

• A) The traditional sanghas.
• B) Those led by laypersons.
• C) Buddhist-ruled nations.
• D) None has been effective.

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Definitions:

Smoothing

An accounting practice where companies level out peaks and troughs in their financial statements over time to present a more consistent financial performance.

Pension Expense

The total cost incurred by an employer to provide pension benefits to its employees, recognized during the period the employees provide services.

Amortization

The gradual reduction of a debt over a period through regular payments covering interest and principal components.

Deferred Loss

A loss that has been incurred but is not immediately recorded in the financial statements.