In What Ways Might It Matter How We Define Religion

question 27

Essay

In what ways might it matter how we define religion? In answering this question this question think of the special status that we often afford religious beliefs and their accompanying practices, as opposed to non-religious moral beliefs and practices.

---

Definitions:

Accrual

A financial recording approach that logs income and expenditures at the time they occur, irrespective of the actual cash transaction timing.

Adjusting Journal Entry

A type of journal entry made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred.

Accrual

The accounting practice that documents income and expenditures at the time they happen, irrespective of the timing of the actual cash flows.

Retained Earnings

The amount of net profit remaining for the company after distributing dividends to its stockholders.