What Is the Bookkeeping System for Recording All Receipts and Payments

question 2

Multiple Choice

What is the bookkeeping system for recording all receipts and payments that have a direct bearing on the movement of funds between a nation and foreign countries?

• A)current account
• B)capital account
• C)balance of payments
• D)trade balance

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Definitions:

Aymara Indians

The Aymara Indians are an indigenous people who live in the Andes mountains region, mainly in present-day Bolivia, Peru, and Chile, known for their rich cultural heritage and traditional ways of life.

Gender

Refers to the social, cultural, and behavioral attributes, expectations, and norms associated with being male or female.

Teknonymy

A naming practice where a parent is referred to by the name of their child, commonly found in various cultures around the world.