Monasteries in the Early Middle Ages Were

question 14

Multiple Choice

Monasteries in the early Middle Ages were:

• A)places of economic import only.
• B)founded in cities.
• C)places of political,religious,and economic import.
• D)places of religious import only.
• E)places of political import only.

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Definitions:

Acquisition

Acquiring authority of another company by buying or swapping stocks.

Fair Values

An alternative phrasing for fair value, indicating the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Credit Balance

A situation where the amount of credits in an account exceeds the debits, often indicating the amount owed to the account holder.

Consolidated Expenses

Consolidated expenses refer to the aggregation of all expenses from every division or subsidiary of a corporation into a single expenses figure.