Sanderson and Alderson Claims That Rostow's Evolutionary Interpretation of the Causes

question 57

Multiple Choice

Sanderson and Alderson claims that Rostow's evolutionary interpretation of the causes of development and underdevelopment:

• A) is more a description than an explanation
• B) is one of our best theories
• C) has been insufficiently appreciated by social scientists
• D) will likely be the basis for even more powerful theories

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Definitions:

Internal Control

Procedures and policies implemented by a company to safeguard its assets, ensure accurate and reliable financial reporting, and comply with laws and regulations.

Cash

Liquid assets that a company or individual has available for transactions.

Bank Reconciliation

The process of ensuring that a company’s bank account balance matches its financial records, identifying discrepancies and making adjustments as necessary.

Internal Controls

Systems and steps a corporation takes to verify the accuracy of financial and accounting reports, encourage responsible behavior, and stop dishonest practices.