The Following Questions Refer to the Excerpt Below

question 20

Multiple Choice

The following questions refer to the excerpt below.
"Why are we in South Viet-Nam? We are there because we have a promise to keep. Since 1954 every American President has offered support to the people of South Viet-Nam. We have helped to build,and we have helped to defend. Thus,over many years,we have made a national pledge to help South Viet-Nam defend its independence…We are also there because there are great stakes in the balance. Let no one think for a moment that retreat from Viet-Nam would bring an end to conflict. The battle would be renewed in one country and then another."
President Lyndon B.Johnson,Speech at Johns Hopkins University,1965
-One of the greatest contributing factors to the intensity of the conflict in Vietnam was

• A) the expansion of collective security agreements.
• B) the rise of a Vietnamese nationalist movement.
• C) a series of oil crises in the region.
• D) the failure of efforts at peaceful, mutual coexistence.

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Definitions:

Revenue Accounts

Accounts that track the income earned by a business from its operational activities, such as sales of goods or services.

Credit

An accounting entry that increases the balance of liabilities and equity accounts, or decreases the balance of an asset or expense account.

Stockholders' Equity

The equity held by stockholders in a corporation, determined by subtracting total liabilities from total assets.

Dividends Account

An account used in accounting to track distributions of earnings paid to shareholders.