The Bretton Woods agreement set up the ________, which currently provides long-term loans to assist developing countries to build dams, roads, and other physical capital that contributes to economic development
A) International Monetary Fund
B) World Bank
C) Central Settlements Bank
D) Bank of International Settlements
E) European Exchange Rate Mechanism (ERM)
B
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Which one of the following steps in the accounting cycle is completed only at the end of an accounting period?
a. Business transactions are recorded. b. Adjustments are recorded. c. Transactions are journalized. d. Journal entries are posted to the ledger.
Consumer vulnerability occurs when:
A. there are too many manufacturers in the market. B. the consumer is treated as an end in itself. C. a person has access to too much information about a product and the market exchange process. D. a person has an impaired ability to make an informed consent to the market exchange.
How are cash receipts from interest on a note receivable classified on a statement of cash flows prepared using the direct method?
A. Noncash financing and investing activity B. Financing activity C. Investing activity D. Operating activity
Concerns related to the environment and sustainability
A) are becoming less important to the consuming public. B) are sometimes dictated by regulations and sometimes by perception. C) result in increased cost for the supply chain. D) are relevant to only the retail member of each supply chain.