Which of the Following Statements Is Not True

question 36

Multiple Choice

Which of the following statements is not true?

• A)The intervention of America into the war added an increased sense of brutality.
• B)The geographic scope of the war was unprecedented.
• C)The war actually gave birth to nationalism in the post-war years.
• D)The war put an end to European hegemony.
• E)Both the Entente and Alliance believed that war would be over in six months.

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Definitions:

Contingent Liability

A liability that may occur depending on the outcome of a future event.

Business Combination Valuation Entries

Journal entries made in accounting to record the assets and liabilities at their fair values in a business acquisition.

Dividend Payable

A liability recorded on a company's balance sheet representing the amount of dividends declared by the board of directors but not yet paid to shareholders.

Cum Div. Basis

A term indicating that a stock is trading with the right to receive the most recently declared dividend, as opposed to "ex-dividend" where the right is not included in the purchase.