-The Above Table Shows Some of the Balance of Payments

question 259

Multiple Choice

$\begin{array}{|l|l|}\hline \text { Item } & \text { Billions of dollars } \\\hline \begin{array}{l}\text { Exports of goods and } \\\text { services }\end{array} & 635 \\\hline \begin{array}{l}\text { Imports of goods and } \\\text { services }\end{array} & 555 \\\hline \text { Net interest income } & -18 \\\hline \text { Net transfers } & 22 \\\hline \begin{array}{l}\text { Urland's investment } \\\text { abroad }\end{array} & 467 \\\hline \begin{array}{l}\text { For eign investment in } \\\text { Urland }\end{array} & 321 \\\hline\end{array}$
-The above table shows some of the balance of payments accounts for Urland. What is Urland?s balance on the current account?

• A) $62 billion
• B) $84 billion
• C) $47 billion
• D) $80 billion

Learn the classification of different accounts and their presentation on financial statements.

Understand the perpetual and periodic inventory systems and their implications.

Recognize the importance and method of adjusting entries for inventory and supplies.

Comprehend the effects of inaccuracies in inventory counting.

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Definitions:

Baccalaureate Nursing Education

An undergraduate academic degree program in nursing that prepares individuals to become professional registered nurses.

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