Augustine Is Recognized as One of the Greatest Early Fathers

question 61

Multiple Choice

Augustine is recognized as one of the greatest early fathers of Christianity and Christian thinkers of all time;he believed that what he did was to:

• A)create simple rules for people to follow in order to emulate the life of Jesus.
• B)establish broad guidelines within which people could find their own way to faith.
• C)draw out the basic truths from the Bible so that people could understand the text.
• D)defend the Church against pagan philosophers who tried to show the weaknesses of Christian thought.
• E)establish a monastic order teaching that the way to salvation was to remove oneself from the world.

Evaluate the financial implications of failing to meet target activity levels.

Determine and interpret fixed manufacturing overhead budget and volume variances.

Apply standard cost systems to calculate applied manufacturing overhead.

Calculate and analyze the variable component of predetermined overhead rates.

---

Definitions:

Equity Accounts

Accounts that represent the owner's claim or interest in the assets of a business, reflected in the equity section of the balance sheet.

Operating Activities

The day-to-day actions that are involved in running a business, which are reflected in the cash flows from operating activities section of the cash flow statement.

Direct Method

A method for creating a cash flow statement that itemizes the principal categories of gross cash inflows and outflows.

Cash Dividends

A portion of a company's earnings that is paid out to shareholders, typically in the form of cash.