The Part of the Balance of Payments That Records Purchases

question 64

Multiple Choice

The part of the balance of payments that records purchases of assets a country has made abroad and foreign purchases of assets in the country is the

• A) capital account.
• B) current account.
• C) financial account.
• D) statistical discrepancy account.

Recognize the significance of retention strategies and the factors influencing employee turnover.

Understand the recruitment and selection process for hiring qualified personnel.

Comprehend the strategic role of human resource management in organizations.

Understand the factors that influence employee engagement within an organization.

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Definitions:

Corporate

Pertaining to a corporation, which is a legal entity recognized by law as separate from its owners and having its own rights, privileges, and liabilities.

Corporate Veil

A legal concept that separates the identity of a corporation from its shareholders, protecting them from being personally liable for the company's debts or legal obligations.

De Facto Corporation

A business that operates as a corporation without formal legal acknowledgment but is treated as such for some purposes.

Corporation's Bylaws

The written rules for conduct of a corporation, detailing the rights and obligations of the directors, officers, and shareholders.