[Solved] Which of the following is an example of the criminal element of globalization? A) drugs B) pornography and prostitution C) terrorism D) drugs, pornography and prostitution E) terrorism, drugs, pornography and prostitution Note Receivable: A formal agreement in which one party promises to pay another a specific sum of money, typically with interest, by a certain date. Uncollectible Accounts: Accounts receivable that a business does not expect to collect due to customers' inability or unwillingness to pay, often leading to a write-off. IFRS: International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board that guides the financial reporting for companies outside of the United States. GAAP: Generally Accepted Accounting Principles, a common set of accounting rules and standards for financial reporting in the United States.