Upon Opening a File,the Session Date Dialog Box Shows -

question 35

Multiple Choice

Upon opening a file,the session date dialog box shows -

• A)the date that the accounting transactions must be recorded
• B)the session date previously entered
• C)that session dates have a special format - month,day,year
• D)that session dates must be set to the end of the month

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Definitions:

Freely Floating Exchange Rate

A currency system where the value of a country's currency is allowed to fluctuate according to the foreign exchange market.

Current Account Deficit

A situation where a country's total imports of goods, services, and transfers are greater than its total exports, indicating that it is spending more foreign currency than it is earning.

Merchandise Trade Deficit

A situation where a country's imports of goods exceed its exports of goods over a given period, leading to a negative balance of trade.

Service Trade Deficit

The situation where the value of a country's imports of services exceeds the value of its exports of services.