Today,the Value of an SDR Consists of the Value of Four

question 58

Multiple Choice

Today,the value of an SDR consists of the value of four of the IMF's biggest members' currencies.Which of the following is NOT one of them?

• A)The U.S.dollar
• B)The Japanese yen
• C)The euro
• D)The British pound
• E)The German Deutsche Mark

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Definitions:

Prepaid Insurance

An asset account representing insurance paid in advance, which will be expensed over the period it benefits.

Fees Earned

Income or revenue generated through providing services.

Creditor's Account

An account maintained to record transactions involving credit purchases or loans received, indicating the amount owed to suppliers or lenders.

General Journal

A fundamental bookkeeping document designed to systematically record every business transaction by date.