Which of the Following Statements Identifies the Significance of George

question 15

Multiple Choice

Which of the following statements identifies the significance of George Kennan's "Long Telegram"?

• A) It illustrated the relevance of modern communications technology for Cold War diplomacy.
• B) It provided Truman with the last opportunity to turn the tone of talks with Russia around and avoid a Cold War.
• C) It solidified Truman's mistrust of the Soviet Union and helped propel the escalation of the Cold War.
• D) It highlighted how vulnerable the Foreign Service was to Communist espionage.

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Definitions:

Agreed-upon Transaction

A financial or trade transaction that has been confirmed and accepted by the involved parties.

Revenue Recognition

The accounting principle that dictates the specific conditions under which revenue is recognized and reported on the financial statements.

Percentage-of-Completion Method

An accounting method used to recognize revenues and expenses of long-term projects proportionately with the degree of completion.

IFRS

A collection of accounting standards known as International Financial Reporting Standards, developed by the International Accounting Standards Board, which directs the global preparation of financial statements.