Which of the Following Statements Is Correct About BRICS

question 34

Multiple Choice

Which of the following statements is correct about BRICS?

• A) Outside of China,the brightest light among the BRICS is India.
• B) India is more dependent on exports than other BRICS country.
• C) Politics do not play a role in the development of BRICS.
• D) China is not one of the BRICS countries.

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Definitions:

Balance Sheet

A report detailing a company's financial status, including assets, liabilities, and equity of shareholders at a certain moment, which serves as a foundation for calculating returns and assessing the company's financial health.

Balancing

The act of ensuring that financial records or accounts are correct by making the total amounts of debits and credits equal.

Stockholders' Equity Account

represents the equity stake that shareholders have in a company, calculated as the company's total assets minus its total liabilities.

Common Stock

A type of equity security that represents ownership in a corporation, providing voting rights and entitling the holder to a share of the company's success through dividends and capital appreciation.