What Was One Result of the Changes Mikhail Gorbachev Encouraged

question 12

Multiple Choice

What was one result of the changes Mikhail Gorbachev encouraged in the Soviet Union in the late 1980s?

• A) East Germany's opening its border with West Germany
• B) Widespread bloodshed in Russia,most of Eastern Europe,and the Baltic states
• C) An emergency meeting of the United Nations to determine the status of the new nations
• D) The strengthening of the Union of Soviet Socialist Republics

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Definitions:

Bad Debt Expense

Bad debt expense represents the amount of receivables that a company cannot collect, considered a business expense.

Sales Tax

A government-imposed levy on the sale of goods and services, contributing to public revenue.

Allowance Method

An accounting technique used to manage accounts receivable and bad debts by estimating uncollectible accounts.

GAAP

Generally Accepted Accounting Principles, a set of accounting standards and practices used in the United States to ensure the accuracy and consistency of financial reporting.