Which of the Following Is Not a Reason Why Natural

question 23

Multiple Choice

Which of the following is not a reason why natural resources tend to help dictators stay in power?

• A) Oil revenue helps keep taxes down.
• B) Dictators can hide information about the country's finances.
• C) Oil revenue helps buy the loyalty of the military.
• D) Oil revenue increases demands for accountability and representation.

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Definitions:

Credit Side

The right side of an accounting entry, indicating increases in liabilities, revenues, and equity, and decreases in assets and expenses.

Normal Balance

The side (debit or credit) on which increases to an account are recorded, depending on the type of account.

Liability Account

An accounting record that represents a company's legal debts or obligations that arise during the course of business operations.

Revenue Account

An account that tracks the income generated from a company's primary operations.