Which of the Following Is One of the Biggest Threats

question 20

Multiple Choice

Which of the following is one of the biggest threats faced by developing countries that are trying to grow economically and make a better life for their citizens?

• A) Lack of education and knowledge
• B) Political unrest
• C) Environmental hazards
• D) Large population

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Definitions:

Recording Process

The systematic method of capturing all financial transactions of a business in accounting records.

Adjusting Entries

At the close of an accounting cycle, journal postings are made to apportion earnings and expenditures to the period they truly happened.

Errors

Mistakes or inaccuracies in financial data, documents, or processes that can affect reporting and decision-making.

Current Liabilities

Liabilities of a company that need to be settled within a year.