Which of the Following Statements Is TRUE

question 99

Multiple Choice

Which of the following statements is TRUE?

• A)A country runs a capital account deficit if it imports more than it exports.
• B)If the current account is in surplus,the capital account must be in deficit.
• C)The overall sum of all the entries in the balance of payments must be positive.
• D)A country runs a current account surplus if it sells more of its assets abroad than it buys abroad.

Understand the concept of p-value in hypothesis testing and its implications on the test conclusion.

Apply the Poisson distribution test to real-world data and calculate the expected frequencies.

Recognize the requirements and conduct a multinomial experiment analysis.

Formulate null and alternative hypotheses for statistical tests.

---

Definitions:

Annual Leave

Paid time off work granted by employers to employees to be used for personal activities.

Maternity Leave

A period of paid or unpaid leave granted to a mother before and after giving birth to care for the newborn.

Provision

A liability of uncertain timing or amount, recognized in the accounting records for future liabilities or losses.