Which One of the Following Statements Is the MOST Accurate

question 55

Multiple Choice

Which one of the following statements is the MOST accurate?

• A) An increase in disposable income improves the current account.
• B) An increase in disposable income does not affect the current account.
• C) An increase in disposable income worsens the current account.
• D) An increase in income worsens the current account.
• E) An increase in income improves the current account.

Comprehend the basics of genetics, including the role of DNA, genes, and chromosomes in heredity.

Recognize the sequence and factors influencing physical development in infants and children.

Appreciate the concept of lifespan development and the division of life into stages.

Grasp the theory and significance of attachment and its impact on child development.

---

Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects receivables or the speed of their customer payments.

Average Receivables

A measure that summarises the average amount of accounts receivable over a specific period, often used to assess the effectiveness of a company's credit and collection policies.

Financial Statement

A formal record of the financial activities and position of a business, person, or other entity, often including balance sheet, income statement, and cash flow statement.

Base Amount

The initial sum or value used as a reference point for calculations, comparisons, or adjustments.