Development Experts Are Less Enthusiastic Than They Used to Be

question 126

Multiple Choice

Development experts are less enthusiastic than they used to be about three decades ago about the positive role of DVC governments in promoting economic growth in their less-developed nations
Because of the

• A) corruption in government.
• B) availability of foreign aid.
• C) need for a greater tax collection.
• D) need for more public capital goods.

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Definitions:

Salaries Expense

The cost incurred by a company for the salaries of its employees.

Journal Entry

A record in accounting that notes the details of a financial transaction.

Posting Reference

An alphanumeric code or number used to identify the original journal entry in the ledger, facilitating the tracking of transactions and their origins in accounting records.

Posting Process

The procedure of transferring journal entry details into the ledger to update account balances.