Which of the Following Is NOT Part of the Financial

question 46

Multiple Choice

Which of the following is NOT part of the Financial Account of the BOP?

• A) net foreign direct investment
• B) net import/export of services
• C) net portfolio investment
• D) other Financial items

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Definitions:

Petty Cash Voucher

A document used to record and authorize the payment of small, immediate expenses from a petty cash fund.

High-Cost Items

Products or services that have a significantly higher price due to their quality, complexity, or brand reputation.

Specific Identification

A method for inventory costing and valuation that tracks the cost of individual items or batches of items.

First-In, First-Out

An inventory valuation method where goods purchased or produced first are sold or used first.