Which of the Following Items Is Least Likely to Impact

question 70

Short Answer

Which of the following items is least likely to impact a nation's balance of payments?
Gains or losses in exchanges of international currencies
An increase in the GDP
Money spent by tourists
Trade deficits or surpluses
Foreign aid programs

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Definitions:

NFP Organizations

Not-for-Profit Organizations; entities that operate for purposes other than generating profit, focusing instead on social, educational, or charitable objectives.

Deferred Contribution

Contributions or payments postponed to a future date, often used in the context of retirement savings plans or deferred compensation agreements.

Contribution Revenue

Income received by a nonprofit from donations, grants, or other voluntary payments which support its operations.

Prepaid Expense

Payments made in advance for goods or services, recognized as assets on the balance sheet until they are consumed or expensed.