Data on Connections Between Sports and International Relations Suggests That

question 23

Multiple Choice

Data on connections between sports and international relations suggests that sports

• A)shape important negotiations related to vital national interests in global politics.
• B)are most often used as forms of public diplomacy.
• C)only influence political relationships when nations have little power.
• D)are unrelated to all aspects of international relations.

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Definitions:

Accrual Basis

An accounting method where revenues and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.

Direct Method

A way of reporting cash flows from operating activities by showing major classes of gross cash receipts and payments.

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding direct material and labor costs.