Which of the Following Is True of Tangible Costs

question 78

Multiple Choice

Which of the following is true of tangible costs?

• A)They cannot be calculated in monetary terms. 
• B)They can be easily measured. 
• C)They are difficult to quantify. 
• D)Their examples include goodwill and prestige.

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Definitions:

Financial Account

A component of a country's balance of payments that records all transactions for investment in foreign assets and liabilities.

Current Account

Part of a country's balance of payments, including the trade balance, net income from abroad, and net current transfers, reflecting the difference between a nation's savings and its investment.

Balance of Payments

This is a record of all financial transactions made between consumers, businesses, and the government in one country with others.

Managed Floating Exchange Rate

A currency value system that allows its exchange rate to fluctuate in response to the foreign-exchange market but with central bank interventions to stabilize it when deemed necessary.