An Increase in SA Private Saving

question 11

Multiple Choice

An increase in SA private saving

• A)increases SA net exports and SA net capital outflow the same amount.
• B)increases SA net exports and decreases SA net capital outflow.
• C)decreases SA net exports and SA net capital outflow the same amount.
• D)decreases SA net exports and increases SA net capital outflow.

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Definitions:

Internal Control

A process implemented by a company to help ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Voucher System

An accounting system that involves the process of creating, approving, and documenting all purchases made by the company through vouchers.

Voucher Register

A comprehensive log that records details of all vouchers issued, including payment information, for accounting and auditing purposes.

Check Register

A record of checks written, deposits made, and balances in a checking account, used for tracking financial transactions.