Zimbabwe Ranks 150th on the 2007 Corruption Perception Index

question 38

True/False

Zimbabwe ranks 150th on the 2007 Corruption Perception Index. Thus, despite the country's economic woes, it still perceived as having low levels of government corruption.

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Definitions:

Gain Accounts

Accounts reflecting increases in equity, other than those relating to contributions from equity participants, typically from transactions and other events affecting the entity.

Debited

To be debited means an amount has been recorded on the left-hand side of a financial account, indicating an increase in assets or a decrease in liabilities.

Insurance Policy

A contract between an insurer and a policyholder that specifies the terms under which the insurer agrees to compensate the policyholder for specified losses.