Which of the Following Would Be Represented as a Debit

question 125

Multiple Choice

Which of the following would be represented as a debit item in the Canadian balance of payments?  

• A) Canadian companies purchase cars from Italy. 
• B) Canadian companies sell beef to Israel. 
• C) The Canadian government receives transfers from foreign governments to support Canadian expenses incurred in Europe. 
• D) Canadian residents receive gifts of money from friends abroad.

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Definitions:

Computer Virus

Malicious software designed to replicate itself and spread to other computers, often causing damage or stealing information.

Logic Bomb

A computer virus that runs when a certain set of conditions is met, such as when a program is launched a specific number of times.

Pharming

Planting malicious code on a computer that alters the browser’s ability to find web addresses and that directs users to bogus websites.

Spyware

Malicious software that aims to gather information about a person or organization without their knowledge, often used for tracking and advertising purposes.