Choose the Statement That Is Incorrect

question 94

Multiple Choice

Choose the statement that is incorrect.

• A)The world's largest net borrower is the United States.
• B)China is a net lender.
• C)Japan is a net borrower.
• D)Canada is a net borrower.
• E)Saudi Arabia is a net lender.

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Definitions:

Deficiency

The shortfall or gap between what is available and what is required or expected.

Capital Accounts

Accounts representing the ownership interest of shareholders or partners in a company, including their initial investment and subsequent earnings.

Cash Distribution

The process of disbursing funds from a company, trust, or fund to its owners, partners, or investors.

Capital Balances

The amount of capital credited to the owners or partners in a company, reflecting their ownership interest.