The ________ Measures the Net Flows of Imports and Exports

question 40

Multiple Choice

The ________ measures the net flows of imports and exports of goods,services,income payments,and unilateral transfers.

• A)current account
• B)capital account
• C)change in official reserves
• D)statistical discrepancy
• E)basic balance account

Explain effective participation in interviews.

Identify internal factors to consider in a job search.

Explain the impact of the Internet on job searches.

Understand the organization and content of a cover letter.

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Definitions:

Declared

Refers to a dividend or other corporate action that has been formally announced by a company's board of directors.

Payment of Dividends

This refers to the distribution of a portion of a company's earnings to its shareholders.

Depreciation Expense

The systematic allocation of the cost of a tangible asset over its useful life, recognizing the asset's wear and tear, deterioration, or obsolescence.

Indirect Method

A way of calculating cash flows in the statement of cash flows where net income is adjusted for non-cash transactions and changes in working capital.