Which of the Following Statements Is True

question 106

Multiple Choice

Which of the following statements is true?

• A)A positive balance on current account means a current account deficit.
• B)A negative balance on current account a current account deficit.
• C)A positive balance on current account is a capital account surplus.
• D)A negative balance on current account means a capital account deficit.

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Definitions:

Budgeting Process

The systematic process of allocating resources, setting financial goals, and planning future expenditures and income.

Delaying Sales

The strategic holdback of products or services from the market for a certain period to potentially increase demand or prices.

M-form Organization

A type of business structure characterized by a divisional arrangement, where operations are grouped into semi-autonomous divisions.

Functional Organization

An organizational structure where the company is divided into departments or teams based on functions such as marketing, finance, or production.