Which Is an Example of a Social and Political Reform

question 25

Multiple Choice

Which is an example of a social and political reform that has led to the acceleration of globalization?

• A) Economic sanctions against North Korea.
• B) Efforts to deter drug trafficking from Columbia.
• C) The collapse of former communist states of central and eastern Europe.
• D) The European Union's penalties against Microsoft for unfair competition.

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Definitions:

Accounting Guidelines

Established principles and standards that govern financial reporting and bookkeeping practices.

Cost Method

A method of accounting where the investment is recorded at its acquisition cost, without subsequent change to market value.

Equity Method

An accounting technique used for recording investments in associate companies where the investment is initially recorded at cost and adjusted thereafter for the post-acquisition change in the investor's share of net assets of the investee.

Stock Investments-Long

Investments in stock securities intended to be held for a long-term period for capital appreciation, dividend income, or both.