Which of the Following, If True, Most Undermines the French-Type

question 61

Multiple Choice

Which of the following, if True, most undermines the French-type strong state argument?

• A)State-owned industries made France an economic power.
• B)Regionalism limits central government authority.
• C)Government intervention in the economy is necessary due to market failures.
• D)Other nations, like the United States modernized more quickly.

Understand the fundamental principles of double-entry bookkeeping.

Recognize the steps in the accounting cycle and their importance.

Understand the classification and normal balances of different accounts.

Identify source documents in the accounting process and their importance.