A Statement of Spending Flows into and Out of the Country

question 118

Multiple Choice

A statement of spending flows into and out of the country during a particular period for
Purchases of assets is called a

• A) current account.
• B) capital account.
• C) net foreign investment account
• D) net outflow account.

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Definitions:

Subscription Receivable-common Stock

An amount due from subscribers for shares in common stock, which has not yet been paid.

Subscription Receivable-common Stock

An amount due from subscribers who have agreed to purchase common stock but have not yet paid.

Common Stock Subscribed

An agreement by investors to purchase common stock, where the stock is not immediately issued but is promised for future issuance.

Installment

A portion of a debt or loan that is paid at regular intervals, usually monthly, as part of a payment plan.