What Is One Reason Why the U

question 44

Multiple Choice

What is one reason why the U.S.government has objected to the International Criminal Court?

• A) It resents having to pay such a high share of its costs.
• B) It believes it will be ineffective in pursuing war criminals.
• C) It argues it infringes on U.S.sovereignty.
• D) It feels only national courts should address human rights violations.

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Definitions:

Wage Expense

The total amount spent by a business on salaries and wages for its employees.

Post-Closing Trial Balance

A list of all accounts and their balances after closing entries are made, showing only balance sheet accounts.

Temporary Accounts

Accounts that are closed at the end of each accounting period. These include revenue, expense, and dividend accounts.

Permanent Accounts

Accounts that carry their ending balances over to the next accounting period and are not closed out.