Examlex
Which of the following is true of an entity-relationship (E-R) diagram?
Purchases of Real Assets
The acquisition of physical or tangible assets such as real estate, equipment, or commodities.
Financial Account
A component of the balance of payments that records transactions that cause a change in ownership of financial assets and liabilities between residents and non-residents.
Balance Surplus
The amount by which income exceeds expenditures in a budget, or the excess of receipts over payments in an account.
Balance Deficit
A financial situation where expenditures exceed revenue over a specific period, often used in the context of government budgets.
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