Since 1999,the Capital Account Has Recorded

question 35

Multiple Choice

Since 1999,the capital account has recorded

• A)transactions that affect net capital flows in the economy.
• B)relatively minor transactions,such as migrants' transfers,and sales and purchases of nonproduced,nonfinancial assets.
• C)transactions that affect the balance of trade or the balance of services.
• D)statistical discrepancy between the current account and the financial account.

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Definitions:

Accounts Payable Turnover Ratio

A liquidity metric that measures how quickly a company pays off its suppliers.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including materials and labor.

Accounts Payable

Short-term financial obligations to suppliers or creditors that a company owes for goods and services received but not yet paid for.

Accrual of Interest

The process of recognizing interest earned or incurred on outstanding loans or debt securities over a specific period, regardless of whether the cash has been received or paid.