The Statistical Discrepancy in the Balance-Of-Payments Accounts

question 12

Multiple Choice

The statistical discrepancy in the balance-of-payments accounts

• A)arise since recordings of payments and receipts are done at different times, in different places, possibly using different methods.
• B)arise since some transactions (illegal transactions?) occur "off the books".
• C)represents omitted and misrecorded transactions.
• D)all of the above

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Definitions:

Debt Financing

The raising of capital through borrowing money that must be repaid over time, usually with interest.

Business Plan

A precise statement of the rationale for a business and a step-by-step explanation of how it will achieve its goals.