Generally Speaking,any Transaction That Results in a Receipt from Foreigners

question 58

Multiple Choice

Generally speaking,any transaction that results in a receipt from foreigners

• A)will be recorded as a debit,with a negative sign,in the U.S.balance of payments.
• B)will be recorded as a debit,with a positive sign,in the U.S.balance of payments.
• C)will be recorded as a credit,with a negative sign,in the U.S.balance of payments.
• D)will be recorded as a credit,with a positive sign,in the U.S.balance of payments.

---

Definitions:

Expenses Grouping

The practice of categorizing costs and expenses into distinct groups to simplify financial analysis and reporting.

Organisation Functions

The primary activities and responsibilities that are crucial for the successful operation of a business or organization.

Goal Congruence

The alignment of individual objectives with the overall objectives of the organization to ensure that all members are working towards the same targets.

Decentralised Organisation

An organizational structure where decision-making power is distributed throughout various levels and departments rather than being centralized at the top.