By William Woodruff
William Woodruff's magisterial historical past has a selected resonance in today's international; for it's a background of the final years, of the ascendancy of the West over the older empires of the East. the increase and enlargement of the West all started with the messianic zeal of Christianity announcing itself over the Muslim international, anything that, part a millennium later, is being revisited during the use and abuse of the an important component to statecraft - strength. For up to this can be a learn of heritage, it's also a portrayal of that strength and the way it formed our modern world.
We can't wish to appreciate the current, contends Woodruff, with out realizing the previous. And, with huge and boldly illuminating brushstrokes, he paints a vibrant photo of the previous half-millennium and the scope, importance and pace of the adjustments the West has effected.
After 5 centuries, contends Woodruff, the pendulum is swinging again in the direction of the East. The baton as soon as wielded by way of the eu imperialists of their frenzied force to 'save the world' has been seized via the USA and is pointing east in the direction of Islam, the world's fastest-growing faith, and to Asia, the hot powerhouse of significant state states.
Learned and lucid, A Concise historical past of the fashionable global is additionally pertinent and provocative. instead of an excavation of the earlier, it really is an overview of our background as either better half to the current and architect of the long run.
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Extra info for A Concise History of the Modern World: 1500 to the Present: A Guide to World Affairs (4th Edition)
_______________________ 7. Neutrality is an ingredient of this fundamental quality of accounting information. _______________________ 8. Requires that information cannot be selected to favor one set of interested parties over another. to is, of is 2-8 Problem Solving Survival Guide for Intermediate Accounting, 15th Edition ____________________________________________________________________________ _______________________ 9. Predictive value is an ingredient of this fundamental quality of information.
This guidance comes from the: a. materiality quality. b. periodicity assumption. c. completeness quality. d. full disclosure principle. Conceptual Framework For Financial Reporting 2-21 ____________________________________________________________________________ Approach and Explanation: Briefly define each of the answer selections. Choose the item for which your definition most closely agrees with the stem of the question. See Illustration 2-2 and Illustration 2-4 The materiality quality dictates that an immaterial item need not be given strict accounting treatment; it can be given expedient treatment.
Verifiability. c. timeliness. d. understandability. Approach and Explanation: Visualize the diagram for the hierarchy of accounting qualities (Illustration 2-2). Mentally review a description of each quality. For information to be useful, there must be a connection (linkage) between users of information and the decisions they make. This link, understandability, (an enhancing quality of accounting information) is the quality of information that lets reasonably informed users see its significance.
A Concise History of the Modern World: 1500 to the Present: A Guide to World Affairs (4th Edition) by William Woodruff