Which of the Following Best Summarizes the Argument in Favor

question 44

Multiple Choice

Which of the following best summarizes the argument in favor of microfinance?

• A) Microfinance ultimately leads to greater tax revenues for national governments.
• B) Recently, mainstream banks have begun to view microfinance as the prime driver of advanced economies.
• C) Microfinance allows the underprivileged to create businesses and improve their lives.
• D) Microfinance alleviates the pressure on MNEs to support developing economies.

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Definitions:

Wages Accrued

Amounts of money earned by employees for work done that have not yet been paid by the company.

Depreciation

A technique for spreading out the expense of a physical asset across its lifespan.

Rent Expired

An expense recognized when the rental period has ended, reflecting the cost of using a property or equipment for that period.

Unearned Fees

Income received by a business for which the services have not yet been performed or delivered.