The Arabs' Failure to Take Constantinople in the Late Seventh

question 23

Multiple Choice

The Arabs' failure to take Constantinople in the late seventh and early eighth centuries was extremely important for later history because it

• A) signaled the onset of Muslim decline.
• B) provoked Latin Crusaders to attempt the reconquest of the Holy Land.
• C) meant that Islam would not advance into the Balkans for another 700 years.
• D) inspired Virgil to write the Aeneid.
• E) meant Islam will never be accepted by westerners.

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Definitions:

Acquisition Differential

The gap between what is paid for an acquisition and the fair value of the clearly identified assets acquired.

Impairment Losses

Financial recognition of the reduced recoverable value of an asset, below its carrying amount on the balance sheet.

Equity

It denotes the residual interest in the assets of the entity after deducting liabilities, often referred to as shareholders' equity.

Statement of Consolidated

Financial statements that present the assets, liabilities, and operating results of a parent company and its subsidiaries as one entity.