Which of the Following Transactions Would Be Recorded as a Credit

question 72

Multiple Choice

Which of the following transactions would be recorded as a credit in the Australian current account?

• A) A Japanese bank's purchase of Coles Myer stock.
• B) A Japanese consumer's purchase of an Australian piece of beef.
• C) An Australian tourist's payment to a Japanese hotel.
• D) An Australian consumer's purchase of a Toshiba VCR.

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Definitions:

Strategic Decisions

Long-term choices made by a company's top management that affect the entire organization and are based on a thorough analysis of internal and external factors.

Environmental Costs

Expenses associated with the damage done to the environment, including cleanup, prevention, and regulatory costs.

Sustainability Costs

Expenses associated with operating in an environmentally and socially responsible manner, including costs for reducing emissions, waste, and resource consumption.

Capital Investment

Funds invested in a business or project for the purpose of furthering its objectives, often involving the purchase of long-term assets.