Which of the Following Is One of the Three Main

question 60

Multiple Choice

Which of the following is one of the three main reasons for the spread of democracy?

• A) New information and communication technologies have broken down the ability of the state to control access to uncensored information.
• B) Totalitarian regimes delivered economic progress to the bulk of their populations but not enough to the power brokers.
• C) Democratic regimes failed to deliver economic progress to the vast bulk of their populations.
• D) Economic advances in the past quarter-century have led to the emergence of a class of ruling elite.

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Definitions:

Aging

The process of categorizing accounts receivables based on the length of time an invoice has been outstanding to determine their collectability.

Accounts Receivable

An asset account representing money owed to a business by its customers for goods or services delivered on credit.

Allowance for Doubtful Accounts

A contra-account reducing accounts receivable to reflect the estimated portion that may not be collected.

Uncollectibles

Debts owed to a company that are considered unlikely to be paid and are therefore written off as a loss.