Which of the Following Is Not True of the Statistical

question 152

Multiple Choice

Which of the following is not true of the statistical discrepancy in the balance of payments?

• A)It is residual.
• B)It is a measure of net error in the balance of payments data.
• C)It is necessary because some transactions go unreported.
• D)An excess of credits in all other accounts must be offset by equivalent debits in the statistical discrepancy account.
• E)A difference between credits and debits is taken care of by changes in the official reserve transaction account.

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Definitions:

Listening Problem

Difficulties in accurately receiving and interpreting messages during the communication process.

Weakness

A lack or deficiency in strength, capability, or resilience in a person, system, or organization.

Cross-cultural Communication

The exchange of information and meaning across different cultures and social groups.

Communication Barriers

Obstacles that prevent effective exchange of ideas or information between individuals or groups, potentially leading to misunderstandings or conflicts.