Which of the Following Is a Central Belief of Evangelical

question 43

Multiple Choice

Which of the following is a central belief of evangelical Protestants?

• A) Conversion is not required to be saved.
• B) Salvation comes only through belief in one of the monotheistic world religions.
• C) Others must be converted to the faith.
• D) The New Testament is without error,but the Old Testament has many.

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Definitions:

Double Declining-balance

An accelerated method of depreciation where the book value of an asset is reduced at double the rate of its straight-line depreciation each year.

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life, reflecting the use and wear and tear of the asset.

Units-of-production

A method of depreciation that assigns an asset's cost based on its usage, activities, or output, instead of the passage of time.

Depreciation Expense

Depreciation Expense denotes the allocation of an asset's cost over its useful life, reflecting the asset's consumption or decline in value.