Which of the Following Statements Is Not True

question 8

Multiple Choice

Which of the following statements is not true?

• A)The Great War eventually strained the whole fabric of life in Europe.
• B)The entry of the Ottoman Empire and the colonial empires of the belligerents helped to make the war into a world war.
• C)World War I made the world safe for democracy.
• D)The Great War undermined European hegemony in the world.
• E)Many thought a major war was impossible in rational and civilized Europe.

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Definitions:

Post-closing Trial Balance

A list of all company accounts that remain after adjusting entries and closing entries have been made, used to test the balance of debits and credits.

Asset Accounts

Accounts on a balance sheet representing resources owned or controlled by a company with future economic value.

Liability Accounts

Accounts that represent amounts owed to creditors or bills that must be paid in the future, contributing to a company’s liabilities on the balance sheet.

Post-closing Trial Balance

A list of all company accounts that remain after adjusting and closing entries are made, used to ensure debits equal credits.