Developing Countries Include All the Following Except

question 139

Multiple Choice

Developing countries include all the following except

• A)relatively poor countries.
• B)emerging markets.
• C)less-developed countries.
• D)advanced economies.
• E)low-income countries.

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Definitions:

Bank Service Charge

Fees charged by banks for the various services and account maintenance provided to customers.

Outstanding Checks

Checks that have been written and recorded in the check issuer's accounting records but have not been cashed or cleared by the bank.

Adjusting Entry

Journal entries made at the end of an accounting period to allocate income and expenditures to the appropriate period.

NSF Check

A cheque that cannot be processed because the writer's account lacks sufficient funds, standing for "Non-Sufficient Funds."