Medieval Scholastics Taught That

question 47

Multiple Choice

Medieval scholastics taught that:

• A) there was a fundamental compatibility between human reason and experience and the divine teachings in the Bible.
• B) the Bible, as a divinely inspired source, is largely incompatible with the philosophical ideas and systems of humans.
• C) careful study of the Bible shows that it contains fundamental inconsistencies.
• D) science is more useful than religion, because the Christian faith cannot be defended by reason.
• E) science and religion can never be reconciled and religion must always be accepted as true.

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Definitions:

Maturity Value

The amount payable to an investor at the maturity date of a financial instrument, typically the principal plus any final interest payments.

60-Day Note

A type of short-term debt where the repayment is due 60 days after issuance.

360-Day Year

An accounting simplification that assumes there are 360 days in a year to facilitate easier interest calculations.

Direct Write-Off Method

An accounting practice where bad debts are written off against income at the time they are determined to be uncollectible, instead of being provided for in advance.