Answer the Following Questions

question 13

Multiple Choice

Answer the following questions:
-Babylonian Captivity

• A)Plague that first struck Europe in 1347 and killed perhaps one-third of the population.
• B)A war between England and France from 1337 to 1453, with political and economic causes and consequences.
• C)The period from 1309 to 1376 when the popes resided in Avignon rather than in Rome.
• D)People who believed that the plague was God's punishment for sin and sought to do penance by flagellating (whipping) themselves.
• E)The division, or split, in church leadership from 1378 to 1417 when there were two, then three, popes.
• F)Voluntary lay groups organized by occupation, devotional preference, neighborhood, or charitable activity.
• G)Deliberative meetings of lords and wealthy urban residents that flourished in many European countries between 1250 and 1450.
• H)A massive uprising by French peasants in 1358 protesting heavy taxation.
• I)Law issued in 1366 that discriminated against the Irish, forbidding marriage between the English and the Irish, requiring the use of the English language, and denying the Irish access to ecclesiastical offices.
• J)People who believed that the authority in the Roman Church should rest in a general council composed of clergy, theologians, and laypeople, rather than in the pope alone.

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Definitions:

Deferred Tax Liability

A tax obligation that arises when taxable income will be higher in future periods due to temporary differences in accounting methods.

Tax Effect

The impact financial transactions have on the amount of tax payable by an individual or corporation.

Revaluation

The process of adjusting the book value of a company's assets to reflect their current market values