The Main Purpose of the International Monetary Fund Is to Manage

question 68

True/False

The main purpose of the International Monetary Fund is to manage and distribute U.S. foreign aid.

---

Definitions:

Statement Of Financial Position

Another term for the balance sheet, showing a company's assets, liabilities, and shareholders' equity at a specific point in time.

Order Of Decreasing Liquidity

A ranking of assets on a balance sheet based on their ease of conversion to cash without loss of value.

Order Of Importance

A principle of organization where information is prioritized and arranged according to its significance.