Current account surplus Study guides, Revision notes & Summaries

Accounting for Governmental and Nonprofit Entities, 18e (Reck) Chapter 3 Governmental Operating Statement Accounts; Budgetary Accounting 1) The government-wide statement of net position displays the net expense or revenue for each function or program of the government. Answer: FALSE Difficulty: 1 Easy Topic: Reporting of expenses and revenues at the government-wide level Learning Objective: 03-01 Describe how operating revenues and expenses related to governmental activities are reported i...

AD Banker Comprehensive Final Exam Questions with answers. 100% pass rate. 2022/2023. Dividends if declared are paid: A. Annually B. Semi-annually C. Monthly D. Quarterly - A. Annually An insured dies within the time limit of an Increasing Term Rider and the beneficiary receives the face amount plus the value of all paid premiums. Which rider is attached to the policy? A. Return of Cash Value B. Term to age 100 C. Return of Premium D. Waiver of Premium - C. Return of Premium ...

CHAPTER 3—ANALYSIS OF FINANCIAL STATEMENTS TRUE/FALSE 1. Ratio analysis involves analyzing financial statements in order to appraise a firm's financial position and strength. ANS: T PTS: 1 DIF: Difficulty: Easy OBJ: LO: 3-1 NAT: BUSPROG: Reflective Thinking STA: DISC: Financial statements, analysis, forecasting, and cash flows LOC: TBA TOP: Ratio analysis KEY: Bloom’s: Knowledge 2. The current ratio and inventory turnover ratios both help us measure the firm's liquidity. The current ...

ad valorem - Answer- According to Value The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' - Answer- Situs The type of value usually estimated by an Appraiser is the - Answer- Market Value The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value Assessment level times the tax rate equals - Answer- Th...

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

Under a traditional IRA, interest is taxed: Only if withdrawn prior to age 59 1/2 According to the capital gains rate Upon distribution During the accumulation phase - ANSWER-Upon distribution Which of these statements concerning Traditional IRAs is CORRECT? Earnings are not taxable when withdrawn Earnings are taxable when withdrawn Contribution are never tax deductible Contributions are always made by the employer - ANSWER-Earnings are taxable when withdrawn Wh...

ECS2602 Macroeconomics EXAM STUDY PACK WITH Q & A 2022. Question 1 Which of the following statements is/are correct? a) In this module we only study the demand side of the economy which includes the goods market and the financial market. The labour market form part of the supply side analysis and are therefore excluded from this module. b) The two most important accounts of the balance of payments are the current account and the financial account. c) If total output decreases with 2% duri...

E If a ≠ b and 1/x + 1/a = 1/b, then x = A. 1/b - 1/a B. b - a C. 1/ab D. a - b/ab E. ab/a - b C The graph of which of the following equations is a straight line parallel to the graph of y = 2x ? A. 4x - y = 4 B. 2x - 2y = 2 C. 2x - y = 4 D. 2x + y = 2 E. x - 2y = 4 A An equation of the line that contains the origin and the point (1, 2) is A. y = 2x B. 2y = x C. y = x -1 D. y = 2x +1 E. y/2 = x - 1 E An apartment building contains 12 units consisting of ...

1. define Globalisation the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2. where are levels of globalisation the highest 3. where are levels of globalisation the lowest 4. 3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...

AP WORLD HISTORY _ Unit 5: International Trade and Foreign Exchange Problem Set #5 1. ( ____/30) Define the term and explain a situation that demonstrates the ‘real world’ application of each of the following. Make sure your example clearly demonstrates your understanding of each concept. a. Trade Deficit and Trade Surplus ( ____/10) b. Current Account and Financial Account ( ____/10) c. Appreciation and Depreciation ( ____/10) 2. ( ____/50) The Balance of Payments (BOP) measures all interna...