International Reserves Include All Except One of the Following

question 120

Multiple Choice

International reserves include all except one of the following.Which is the exception?

• A)gold
• B)dollars
• C)yen
• D)Special Drawing Rights
• E)oil

Understand the direct write-off method and its implications on the matching principle.

Calculate and interpret the accounts receivable turnover ratio.

Understand the receivables management, including the sale of receivables and estimating bad debts.

Comprehend the implications of converting receivables to cash and recognizing related expenses or income.

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Definitions:

Data

Information collected for reference or analysis.

Standard Deviation

A tool for gauging the level of spread or diversity among a set of measurements.

Data

Collected information and statistics intended for analysis or reference.

Data

Information collected for analysis or reference in a structured or unstructured form.