Which of the Following Statements Is True

question 121

Multiple Choice

Which of the following statements is true?

• A) A positive balance on current account means a current account deficit.
• B) A negative balance on current account means a current account deficit.
• C) A positive balance on current account is a capital account surplus.
• D) A negative balance on current account means a capital account deficit.

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Definitions:

Merger Approval

The formal consent given by relevant authorities or stakeholders for the combination of two or more entities into one, subject to compliance with legal and regulatory standards.

Proxies

Individuals or entities authorized to act on behalf of others in voting or making decisions.

Takeover Acquisition

A takeover acquisition occurs when one company purchases a majority stake in another company to gain control over its operations and decision-making processes.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.