What Is a Requisite for the Survival of Any Economic

question 83

Multiple Choice

What is a requisite for the survival of any economic union?

• A) avoiding potentially significant opportunities for international business
• B) having agreements and mechanisms in place in order to settle economic disputes
• C) including into the union countries with diverse economies, distinctive monetary systems, developed agricultural bases, and different natural resources
• D) establishing of a comprehensive agriculture and economic policy
• E) ensuring biased treatment of goods produced within the union

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Definitions:

General Ledger

The main accounting record of a company or organization, containing all the financial accounts and transactions.

Special Journal

A journal used in accounting to record transactions of a similar type.

General Journal

A primary accounting journal where all types of transactions are initially recorded before being posted to specific accounts in the ledger.

Subsidiary Ledger

A detailed ledger that provides a breakdown of individual transactions affecting a control account in the general ledger, such as accounts receivable or accounts payable.