Every Year, the Nations of the World Spend About How

question 39

Multiple Choice

Every year, the nations of the world spend about how much for military purposes?

• A)$17.5 million
• B)$175 million
• C)$175 billion
• D)$1.75 trillion

---

Definitions:

Unearned Fees

Income received by a business for which the services have not yet been performed or delivered.

Adjusted Trial Balance

A listing of all company accounts that will appear in the financial statements after adjusting entries have been made.

Supplies Expense

Costs incurred for supplies used in the operations of a business.

Adjustment Data

Information used to make changes to accounts for the purposes of accurate financial reporting, such as accruals or deferrals.