The Academic Realism That Emerged After the End of World

question 45

Multiple Choice

The academic realism that emerged after the end of World War I was based on an interpretation of the works of which writers?

• A) Marx, Hobbes, and Lenin
• B) Machiavelli and Hobbes
• C) Smith, Hawken, and Rousseau
• D) Engels, Locke, and Plato

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Definitions:

Deposits in Transit

Deposits in Transit are amounts that have been received and recorded by a business but not yet reflected in its bank statement.

Bank Statement

A summary of financial transactions that have occurred over a period of time in an account held by a person or business with a financial institution.

Cash Account

A financial account that tracks the flow of cash transactions, including receipts and payments, within a company.

Sales Discounts

Reductions in the sale price offered by a seller as an incentive for prompt payment by the buyer.