Which of the Following Transactions Directly Leads to a Surplus

question 67

Multiple Choice

Which of the following transactions directly leads to a surplus on Australia's capital and financial account?

• A)A resident of France visits Australia.
• B)An Australian sells wheat to an African nation.
• C)An Australian purchases a share of stock on the Tokyo exchange.
• D)A Japanese resident purchases an Australian government bond.

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Definitions:

Variable Cost

A cost that changes in proportion to the level of production or business activity.

Contribution Margin Ratio

The percentage of each sale that contributes to covering fixed costs after variable costs have been paid.

Fixed Costs

Costs that do not vary with production level, such as rent, insurance, and salaries of administrative staff.

Variable Costs

Expenses that change directly and proportionally with the level of production or sales volume, such as raw materials and direct labor.