A Nation Experiences Overall Balance If It Achieves

question 63

Multiple Choice

A nation experiences overall balance if it achieves:

• A) Balance-of-payments equilibrium,full employment,and price stability
• B) Balance-of-payments equilibrium,maximum productivity,and price stability
• C) Full employment,price stability and no change in its money supply
• D) Full employment,price stability,and maximum productivity

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Definitions:

Internal Control

Processes and procedures implemented to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.

Bonding Cashiers

A risk management practice where cashiers are insured against the risk of theft or embezzlement.

Property Insurance

Coverage that provides financial reimbursement to the owner or renter of a structure and its contents in the event of damage or theft.

Days' Sales Uncollected

A financial ratio that shows the average number of days it takes for a company to collect payment after a sale has been made.