Because They Followed Their Flocks from Place to Place, Ancient

question 22

Multiple Choice

Because they followed their flocks from place to place, ancient Israelites can be characterized as

• A) nomads.
• B) gypsies.
• C) sherpas.
• D) travelers.

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Definitions:

Asset

A resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.

General Ledger

A record of all financial transactions divided into accounts and usually compiled at the end of each month.

Balance Sheet

A financial statement that shows a firm’s assets, liabilities, and owner’s equity.

Income Statement

A financial statement that shows the revenue and expenses of a firm, allowing you to calculate the profit or loss produced in a specific period of time.