The NGO Called Freedom House Is Directly Involved in Trying

question 5

Multiple Choice

The NGO called Freedom House is directly involved in trying to assess the:

• A) human rights abuses of Communist countries only
• B) human rights abuses in Southern hemisphere LDCs
• C) relative health of democracy in all parts of the world
• D) relative health of free market economics in all parts of the world
• E) none of the above

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Definitions:

Compound Entry

An accounting entry that involves more than two accounts, where there are multiple debits and/or credits in a single transaction.

Trial Balance

A financial worksheet that consolidates all ledger balances into debit and credit columns, verifying the mathematical accuracy of a company's accounting system.

Income Statement

A financial report that shows a company's revenues, expenses, and net income over a specific period.

Accounts Payable

Liabilities of a business that are owed to creditors for goods and services purchased on credit.