举一反三
- The official settlements balance or balance of payments is the sum of the current account balance and the capital account balance.
- Bad debt expense is recorded when an account is determined to be uncollectible.
- Governments normally are concerned when their country is running a surplus on the current account of their balance of payments. ( ）
- Using the direct write-off method, the bad debt expense that is recorded as a specific customer's account is determined to be noncollectible.
- In terms of balance of payments accounting, which of the following would be recorded as a debit entry? A: Exports of merchandise B: Exports of services. C: A foreigner's purchase of a S. Treasure bond. D: An increase in a S. citizen's account at a foreign bank.
内容
- 0
When the financial statements are prepared, the Bad Debts Account is closed by a transfer to the A: Balance Sheet B: Profit and Loss Account C: Trading Account D: Al lowance for Doubtful Debts Account
- 1
1.According to the Balance of Payments Manual (The sixth edition) published by IMF, Balance of Payments is consisted of ( )、( ) and( )
- 2
If the current account balance is -$100 billion and the capital and financial account balance is $80 billion, then the official settlement account balance is (如果经常账户余额为1000亿美元，资本和金融账户余额为800亿美元，则正式结算账户余额为——中文由在线翻译而来，仅供参考) A: -$20 billion.- 200亿美元。 B: $20 billion.200亿美元。 C: always 0.总是0。 D: impossible to determine with the information given.不可能确定与给出的信息。
- 3
Which activity should be regarded as credits in the balance of payments? A: Increase in ownership of domestic assets by foreigners B: Decrease in domestic currency reserves by foreign central banks C: Increase of official reserves by domestic central bank D: Imports of goods and services from foreign countries
- 4
The Bretton Woods system includes five aspects: the monetary standard system, the exchange rate system, the reserve system, the balance of payments adjustment system, and the financial system.