Match Each Description with the Item Below

question 12

Multiple Choice

Match each description with the item below.
-Walter Mondale

• A)was Ronald Reagan's budget director who proposed major reductions in federal spending
• B)was the youngest combat pilot to have flown in the U.S. military and was an oil executive in Texas
• C)was a televangelist and founder of the Moral Majority
• D)worked to fend off communism in the Screen Actor's Guild and was governor of California
• E)met with Ronald Reagan to discuss ways to reduce the threat of nuclear war
• F)was a National Security Council aide and the main actor in the Iran-Contra affair
• G)was a landmark appointee to the Supreme Court by Ronald Reagan
• H)was a Texas billionaire who appealed to Americans who were fed up with the two major parties
• I)made history as a vice-presidential candidate chosen by Walter Mondale
• J)said, "[My opponent] will raise taxes, and so will I. He won't tell you. I just did."

---

Definitions:

Initial Value Method

An accounting approach where investments are recorded at their original cost without subsequent adjustment for changes in value.

Intra-entity Gross Profit

The profit recognized on transactions within different parts of the same company.

Consolidation Worksheet

A financial tool used to merge and organize the financial information of parent and subsidiary companies for reporting purposes.