Which of the Following Ensures That Balance-Of-Payments Records Are Always

question 81

Multiple Choice

Which of the following ensures that balance-of-payments records are always in balance?

• A) The sum of squares recording system.
• B) The ledger entry model.
• C) The double-entry bookkeeping system.
• D) The archival records system.
• E) The multifactor recording system.

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Definitions:

U.S. Ports

Key gateways for domestic and international trade, involving the management of goods entering or leaving the United States via sea, air, or land.

Customs Trade Partnership Against Terrorism (C-TPAT)

A voluntary supply chain security program led by U.S. Customs and Border Protection, focused on improving the security of private companies' supply chains with respect to terrorism.

U.S. Security Standards

Regulations and guidelines established within the United States to ensure the safety and security of information systems and data.

Compression

The reduction in volume or size of a material or data, often through applying pressure or using encoding techniques to decrease storage or transmission requirements.