​All of the Following Is True of Stoicism Except

question 21

Multiple Choice

​All of the following is true of stoicism except

• A) ​was the dominate philosophy of the Pax Romana
• B) ​believed that no power surpassed human reason
• C) ​thought that the capacity to reason united all humanity
• D) ​morality developed from reason
• E) ​rejected Greek philosophy as inferior

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Definitions:

Loss Contingency

A potential financial loss that might occur in the future, dependent on the outcome of a specific event, recorded in accounting if it is probable and the amount can be reasonably estimated.

U.S. GAAP

United States Generally Accepted Accounting Principles, the collection of rules and procedures designed to ensure consistency and transparency in financial reporting.

Estimated Cost

A projection or approximation of the future cost associated with a product, service, project, or investment, often used for budgeting purposes.

Provision

A provision is an amount set aside in the financial statements to cover a future liability or loss.