Multiple Select QuestionSelect all that applyThe balance on the current account and the balance on the capital and financial account assume trade occurs in which of the following categories?Multiple select question.Future production quotasPreexisting assetsCurrently produced servicesCurrently produced goods

Select all that applyWhich of the following are the majority of items included in the balance of payments?Multiple select question.International purchasesExports and imports of goodsInternational sales of financial and real assetsGross private domestic investmentExports and imports of servicesDomestic consumption

Multiple Select QuestionSelect all that applyWhat are the four steps in the accounting cycle?Multiple select question.post transactionsrecord transactionsassess company valueanalyze corporate debtprepare financial statementsexamine source documents

Select all that applyWhich of the following are inputs to the accounting system?Multiple select question.shipping documentssales documentsincome statementstatement of cash flows

Multiple Select QuestionSelect all that applyForeigners buying large quantities of U.S. assets result in which of the following?Multiple select question.Decreased consumption of foreign-made goodsA surplus on the U.S. capital and financial accountAn increase in the U.S. trade deficitThe weakening of the U.S. dollar

Multiple Select QuestionSelect all that applyA trade deficit is considered unfavorable because it must be financed by which of the following?Multiple select question.Selling off assetsIncreased domestic consumptionDipping into official reservesThe purchase of foreign assets