If a Japanese Mutual Fund Buys a Share of Stock

question 65

Multiple Choice

If a Japanese mutual fund buys a share of stock on the New York Stock Exchange, it will be accounted for as a(n) _____ account.

• A) subtraction from the U.S. current
• B) addition to the U.S. current
• C) subtraction from the U.S. capital
• D) addition to the U.S. capital

---

Definitions:

Canadian Organizations

Entities based in Canada, functioning across various domains, including non-profit, governmental, and business sectors, adhering to Canadian regulatory and cultural standards.

Group RRSPs

Group Registered Retirement Savings Plans, an employer-sponsored retirement savings plan that benefits from group contributions and tax advantages.

Defined Contribution Plans

A type of retirement savings plan where the amount of the employer's annual contribution is specified, with the future retirement benefits depending on the investment's performance.

Defined Benefit Plans

A type of pension plan where an employer promises a specified pension payment upon retirement, based on the employee's earnings history, tenure of service, and age.