One Positive Element of Globalization Is Growing Acceptance of the Idea

question 46

Multiple Choice

One positive element of globalization is growing acceptance of the idea of ______.

• A) capitalism
• B) human rights
• C) child labor
• D) materialism

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Definitions:

Accrued Wages Expense

Costs incurred by a company for wages that have been earned by employees but have not yet been paid.

Annuity

A series of periodic cash receipts or payments that are equal in amount each interest period.

Consecutive Payments

Regular payments made in a series one after another, often referring to loan repayments or lease payments.

Accrued Liability

A liability that has been incurred, often for expenses, that has not yet been paid or recorded at the end of the accounting period.