What Did the ABM Treaty of 1972, an Appropriate Symbol

question 46

Multiple Choice

What did the ABM Treaty of 1972, an appropriate symbol of détente between Russia and America, accomplish?

• A)It guaranteed massive American financial aid to the Russians.
• B)It allowed the Russians to catch up in their production of anti-ballistic missiles with the U.S.
• C)It enabled both countries to trade freely in aircraft and missiles.
• D)It pledged the two nations to limit their development of anti-ballistic missile systems thus avoiding a new arms race.
• E)It resulted in alliance between the Soviets and the United States directed against Communist China and Mao Zedong, with the letters ABM referring to "All But Mao."

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Definitions:

Bank Reconciliation

A process of ensuring that the bank's records of an individual's or company's cash balance matches the financial records of the company.

Depositor's Book

A record book kept by a depositor, detailing all deposits and withdrawals from a bank account.

Cash Balance

The amount of cash in a company's accounts at any given time, reflecting its immediate monetary resources.

Aging Analysis

A method to evaluate and categorize accounts receivable based on the length of time an invoice has been outstanding to manage and estimate financial health.