According to Hegemonic Stability Theory, Stability Results When

question 46

Multiple Choice

According to hegemonic stability theory, stability results when

• A) one great power dominates the others.
• B) a balance results from sharing of power by many states.
• C) a world government regulates all societies.
• D) all countries agree to cooperate.

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Definitions:

Depreciation Expense

An accounting method for allocating the cost of a tangible asset over its useful life to reflect the asset’s consumption, wear and tear, or obsolescence.

Adjusted Trial Balance

An inventory of every account along with its adjusted balance, utilized in the drafting of financial statements.

Adjusting Entries

Journal entries made at the end of an accounting period to update accounts before the financial statements are prepared.

Net Income

The residual earnings of a company after all costs including expenses and taxes are taken out from the total revenue.