Interest payments on loans borrowed abroad are recorded in A. Capital Account B. Current Accounts C. errors and Omission Section D. Official Reserve Account

Interest payments on loans borrowed abroad are recorded in
A. Capital Account
B. Current Accounts
C. errors and Omission Section
D. Official Reserve Account
by

1 Answer

Answer :

Current Accounts
by

Related questions

If the balance on current and capital accounts of Balance of Payments (BoP) taken together is negative, then (a) It is a case of BoP surplus ; (b) It is a case of BoP surplus where the official reserve account is in surplus; (c) It is a case of BoP deficit ; (d) It is case of BoP disequilibrium

Description : If the balance on current and capital accounts of Balance of Payments (BoP) taken together is negative, then (a) It is a case of BoP surplus ; (b) It is a case of BoP surplus where the official reserve account is in surplus; (c) It is a case of BoP deficit ; (d) It is case of BoP disequilibrium

Last Answer : (c) It is a case of BoP deficit ;

The balance of payments of a country on current account is equal to A. Balance of trade plus short term B. Balance of trade plus net invisible exports C. Balance of payment minus capital flows

Description : The balance of payments of a country on current account is equal to A. Balance of trade plus short term B. Balance of trade plus net invisible exports C. Balance of payment minus capital flows

Last Answer : Balance of trade plus net invisible exports

Globalization can create problems for business because: A. It can result in more competition. B. It reduced vulnerability to political risk and uncertainty when operating abroad. C. It means that they can increase prices. D. All the options given are correct.

Description : Globalization can create problems for business because: A. It can result in more competition. B. It reduced vulnerability to political risk and uncertainty when operating abroad. C. It means that they can increase prices. D. All the options given are correct.

Last Answer : All the options given are correct.

The internet facilitates globalization by: A. Making it more difficult to contact potential customers abroad. B. Cutting the cost for firms of communicating across borders. C. Making it harder to send money from one country to another. D. Making it easier for governments to censor the information received by their citizens from abroad.

Description : The internet facilitates globalization by: A. Making it more difficult to contact potential customers abroad. B. Cutting the cost for firms of communicating across borders. C. Making it harder to ... Making it easier for governments to censor the information received by their citizens from abroad.

Last Answer : Cutting the cost for firms of communicating across borders.

As a part of WTO guidelines, Agreement on Agriculture (AOA) doesn’t consider A. Direct payments to farmers are permitted. B. Indirect assistance and support to farmers including R & D support by govt. are not permitted. C. Domestic policies which directly effect on production and trade have to be cut back. D. Least developed countries do not need to make any cuts.

Description : As a part of WTO guidelines, Agreement on Agriculture (AOA) doesn't consider A. Direct payments to farmers are permitted. B. Indirect assistance and support to farmers including R & D support by govt. are ... and trade have to be cut back. D. Least developed countries do not need to make any cuts.

Last Answer : Indirect assistance and support to farmers including R & D support by govt. are not permitted.

Which of the following statement is correct? (A) The amount of Goodwill or Capital Reserve is recorded in the books of purchasing company only (B) The amount of Goodwill or Capital Reserve is recorded in the books of vendor company only. (C) Goodwill = Net Assets – Purchase price (D) The face value of shares of purchasing company will be taken in to account while calculating purchase consideration.

Description : Which of the following statement is correct? (A) The amount of Goodwill or Capital Reserve is recorded in the books of purchasing company only (B) The amount of Goodwill or Capital ... value of shares of purchasing company will be taken in to account while calculating purchase consideration.

Last Answer : The amount of Goodwill or Capital Reserve is recorded in the books of purchasing company only

Which one of the following is not included in current revenue of the Union Government? (1) Tax revenue (2) Non-tax revenue (3) Loans (4) interest payments

Description : Which one of the following is not included in current revenue of the Union Government? (1) Tax revenue (2) Non-tax revenue (3) Loans (4) interest payments

Last Answer : (3) Loans Explanation: Loans are not included in the current revenue of the Union Government.

Which one of the following is not included in current revenue of the Union Government ? (1) Tax revenue (2) Non-tax revenue (3) Loans (4) Interest payments

Description : Which one of the following is not included in current revenue of the Union Government ? (1) Tax revenue (2) Non-tax revenue (3) Loans (4) Interest payments

Last Answer : Loans

An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Description : An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Last Answer : The command mode

In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to impose constraints on the organization C. Internal groups or individuals that are able to influence strategic direction of the organization D. An individual or group with an interest in the organization's activities and who seeks to influence them

Description : In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to ... individual or group with an interest in the organization's activities and who seeks to influence them

Last Answer : Internal groups or individuals that are able to influence strategic direction of the organization

An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Description : An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Last Answer : The command mode

In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to impose constraints on the organization C. Internal groups or individuals that are able to influence strategic direction of the organization D. An individual or group with an interest in the organization's activities and who seeks to influence them

Description : In the context of strategic management, stakeholders can be defined as: A. An individual or group with a financial stake in the organization B. An external individual or group that is able to ... individual or group with an interest in the organization's activities and who seeks to influence them

Last Answer : Internal groups or individuals that are able to influence strategic direction of the organization

In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections? A. Political B. Legal C. Political and economic and legal D. Political and environmental

Description : In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections? A. Political B. Legal C. Political and economic and legal D. Political and environmental

Last Answer : Political and environmental

In the BoP statement, current account includes (i) Marchandize, invisible items (ii) Government loans from abroad (iii) Foreign direct investment. (a) (i) only ; (b) Both (i) and (ii) above ; (c) Both (i) and (iii) above ; (d) Both (ii) and (iii) above

Description : In the BoP statement, current account includes (i) Marchandize, invisible items (ii) Government loans from abroad (iii) Foreign direct investment. (a) (i) only ; (b) Both (i) and (ii) above ; (c) Both (i) and (iii) above ; (d) Both (ii) and (iii) above

Last Answer : (a) (i) only ; 

It was recognized in the 1990s that physical assets are not the only thing that needs to be included in the valuation of a firm. In Europe, firms also included a supplement detailing the: A. Goodwill B. Intellectual capital C. Brand reputation D. Knowledge

Description : It was recognized in the 1990s that physical assets are not the only thing that needs to be included in the valuation of a firm. In Europe, firms also included a supplement detailing the: A. Goodwill B. Intellectual capital C. Brand reputation D. Knowledge

Last Answer : Intellectual capital

When there are several projects are executing simultaneously, matrix organization allows a better companywide A. Balance of resources B. Prioritized resources C. Balanced capital D. Unbalanced resources

Description : When there are several projects are executing simultaneously, matrix organization allows a better companywide A. Balance of resources B. Prioritized resources C. Balanced capital D. Unbalanced resources

Last Answer : Balance of resources

Which of the following do NOT facilitate globalization? A. Improvements in communications B. Removal of barriers to trade and investment C. Immigration controlsD. Removal of controls on movement of capital across borders

Description : Which of the following do NOT facilitate globalization? A. Improvements in communications B. Removal of barriers to trade and investment C. Immigration controlsD. Removal of controls on movement of capital across borders

Last Answer : Immigration controls

Which of the following errors are not disclosed by Trial Balance ? (A) Compensatory Errors (B) Errors of Principle (C) Errors of Omission (D) All the three

Description : Which of the following errors are not disclosed by Trial Balance ? (A) Compensatory Errors (B) Errors of Principle (C) Errors of Omission (D) All the three

Last Answer : Answer: All the three

Under pooling of interest method the difference between the purchase consideration and share capital of the transferee company should be adjusted to: A. General reserve B. Amalgamation adjustment account C. Goodwill or capital reserve D. None of the above

Description : Under pooling of interest method the difference between the purchase consideration and share capital of the transferee company should be adjusted to: A. General reserve B. Amalgamation adjustment account C. Goodwill or capital reserve D. None of the above

Last Answer : A. General reserve

Which of the following is an example of fraudulent financial reporting? a. The treasurer diverts customer payments to his personal due, concealing hisactions by debiting an expense account,thus overstating expenses. b. Company management changesinventory count tags and overstatesending inventory, while understatingcost of goods sold. c. An employee steals inventory and the“shrinkage” is recorded in cost of goodssold. d. An employee steals small tools from thecompany and neglects to return them;the cost is reported as a miscellaneousoperating expense

Description : Which of the following is an example of fraudulent financial reporting? a. The treasurer diverts customer payments to his personal due, concealing hisactions by debiting an expense account, thus ... the company and neglects to return them; the cost is reported as a miscellaneous operating expense

Last Answer : Company management changes inventory count tags and overstates ending inventory, while understating cost of goods sold

A machine costs Rs. 20000 and its useful life is 8 years. The money is borrowed at 8% interest per annum. The capital recovery factor at 8% interest per annum for 8 years is 0.174. The annual equipment cost of the machine will be (A) Rs. 1740 (B) Rs. 3480 (C) Rs. 5220 (D) Rs. 6960

Description : A machine costs Rs. 20000 and its useful life is 8 years. The money is borrowed at 8% interest per annum. The capital recovery factor at 8% interest per annum for 8 years is 0.174. The annual equipment cost of the machine will be (A) Rs. 1740 (B) Rs. 3480 (C) Rs. 5220 (D) Rs. 6960

Last Answer : (B) Rs. 3480

A part of National Debt known as External Debt is the amount - (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Description : A part of National Debt known as External Debt is the amount - (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Last Answer : (3) borrowed by its government from abroad Explanation: External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside the country. ... governments, or international financial institutions such as the International Monetary Fund (IMF) and World Bank.

A part of National Debt known as External Debt is the amount (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Description : A part of National Debt known as External Debt is the amount (1) borrowed by its citizens from abroad (2) lent by its citizens to foreign governments (3) borrowed by its government from abroad (4) lent by its government to foreign government

Last Answer : borrowed by its government from abroad

Which of the following relatively small misstatements most likely could have a material effect on an entity’s financial statements? a. A piece of obsolete office equipment that was not retired. b. An illegal payment to a foreign official that was not recorded. c. A petty cash fund disbursement that was not properly authorized. d. An uncollectible account receivable that was not written off.

Description : Which of the following relatively small misstatements most likely could have a material effect on an entity's financial statements? a. A piece of obsolete office equipment that was not retired. ... that was not properly authorized. d. An uncollectible account receivable that was not written off.

Last Answer : An illegal payment to a foreign official that was not recorded.

By payment of overtime allowance a) When no leave reserve is available b) When the work cannot be distributed among the staff on duty c) When the work cannot be assigned to an official form another dept, branch or section of the same office whose work cannot be held up d) When the work is such that it cannot be postponed e) All the above

Description : By payment of overtime allowance a) When no leave reserve is available b) When the work cannot be distributed among the staff on duty c) When the work cannot be assigned to an official form another dept, ... cannot be held up d) When the work is such that it cannot be postponed e) All the above

Last Answer : e) All the above

The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as _______ A. Balance in Current Account B. Balance in Capital Account C. Trade Settlements D. Balance of Trade E. Balance of Payments

Description : The record of all economic transactions between the residents of a country and the rest of the world in a particular period is known as _______ A. Balance in Current Account B. Balance in Capital Account C. Trade Settlements D. Balance of Trade E. Balance of Payments

Last Answer : E. Balance of Payments Explanation: The balance of payments (BOP) is the method countries use to monitor all international monetary transactions at a specific period of time.A record of all transactions made between one particular country and all other countries during a specific time period.

Which of the following economic concepts is categorised on the basis of Current Account or Capital Account or both? A. Balance of Payments B. Value of the food grain stock of a country C. Gross National Product D. Gross National Income(GNI) E. Total collection of Direct Taxes in a year

Description : Which of the following economic concepts is categorised on the basis of Current Account or Capital Account or both? A. Balance of Payments B. Value of the food grain stock of a country C. Gross National Product D. Gross National Income(GNI) E. Total collection of Direct Taxes in a year

Last Answer : A. Balance of Payments Explanation: A Balance of payments statements is a summary of a nation‘s total economic transactions undertaken on international account. It is usually composed of two sections :-

A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions

Description : A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions

Last Answer : D. Capital account transactions

A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions

Description : A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions

Last Answer : D. Capital account transaction

Pledging of TD account as security in the name of a) The president of India or Governor of the state in his official capacity b) The reserve bank of India or a scheduled bank or a co-operative society c) Both the A and B d) None of these

Description : Pledging of TD account as security in the name of a) The president of India or Governor of the state in his official capacity b) The reserve bank of India or a scheduled bank or a co-operative society c) Both the A and B d) None of these

Last Answer : c) Both the A and B

Ruling on depositing money in Al-Baraka Islami Bank ? I manage a few accounts of a company. The company has accounts in several interest bearing banks. Note that account holders only open current accounts and do not charge interest. Isn't it better to keep all these lazy money in an Islamic bank lik

Description : Ruling on depositing money in Al-Baraka Islami Bank ? I manage a few accounts of a company. The company has accounts in several interest bearing banks. Note that account holders only open current accounts and ... income tax and duties or in other similar sectors ? Or can it be used in any sector ?

Last Answer : One: It is haraam to deposit money in an interest-bearing bank without the need to save money. For that, it should be limited to depositing money in (current bank's) current account. It is not permissible to ... It can be eaten. And if it can be kept in a better and cleaner bank then that is better.

Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach

Description : Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach

Last Answer : Regiocentric Approach

______ is the application of knowledge which redefines the boundaries of global business. a. Cultural Values b. Society c. Technology d. Economy

Description : ______ is the application of knowledge which redefines the boundaries of global business. a. Cultural Values b. Society c. Technology d. Economy

Last Answer : Technology

Ultimately ______ was replaced by the ______ on 1st Jan 1995. a. GATS, WTO b. WTO, GATT c. GATT, WTOd. IMF, GATT

Description : Ultimately ______ was replaced by the ______ on 1st Jan 1995. a. GATS, WTO b. WTO, GATT c. GATT, WTOd. IMF, GATT

Last Answer : GATT, WTO

Which is the right sequence of stages of Internationalization? a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational c. Domestic, Multinational, International, Transnational, Global d. Domestic, International, Transnational, Multinational, Global

Description : Which is the right sequence of stages of Internationalization? a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational ... , International, Transnational, Global d. Domestic, International, Transnational, Multinational, Global

Last Answer : Domestic, International, Multinational, Global, Transnational

The first phase of globalization started around 1870 and ended with _______. a. World War I b. World War II c. The Establishment of GATT d. In 1913 when GDP was high

Description : The first phase of globalization started around 1870 and ended with _______. a. World War I b. World War II c. The Establishment of GATT d. In 1913 when GDP was high

Last Answer : World War I

IBRD also known as _____. a. Exim Bank b. World Bank c. International Monetary fund d. International Bank

Description : IBRD also known as _____. a. Exim Bank b. World Bank c. International Monetary fund d. International Bank

Last Answer : World Bank

IBRD stands for _____. a. International Board for Research and Development b. International Bank for Reconstruction and Development c. International Bank for Research Development d. International Barrier For Reconstruction and Development

Description : IBRD stands for _____. a. International Board for Research and Development b. International Bank for Reconstruction and Development c. International Bank for Research Development d. International Barrier For Reconstruction and Development

Last Answer : International Bank for Reconstruction and Development

Buying and selling of products and services from firms in other countries is called A. importing and exporting B. regional alliances C. national alliances D. international alliances

Description : Buying and selling of products and services from firms in other countries is called A. importing and exporting B. regional alliances C. national alliances D. international alliances

Last Answer : importing and exporting

All societal forces that affect values, actions and beliefs of different groups of people are altogether called A. expatriationB. repatriation C. culture D. economy

Description : All societal forces that affect values, actions and beliefs of different groups of people are altogether called A. expatriationB. repatriation C. culture D. economy

Last Answer : culture

Dimension of culture in which masculine values prevail over feminism values is classified as A. masculinity ⁄ femininity B. power distance C. orientation distance D. none of above

Description : Dimension of culture in which masculine values prevail over feminism values is classified as A. masculinity ⁄ femininity B. power distance C. orientation distance D. none of above

Last Answer : masculinity ⁄ femininity

Dimension of culture which defines extent of people how they act as individuals instead of representing as groups is classified as A. orientation distance B. power distance C. individualism D. certainty avoidance

Description : Dimension of culture which defines extent of people how they act as individuals instead of representing as groups is classified as A. orientation distance B. power distance C. individualism D. certainty avoidance

Last Answer : individualism

Concept which defines inequality among nation explained in cultural dimension is classified as A. power distance B. orientation distance C. expatriation distance D. repatriation distance

Description : Concept which defines inequality among nation explained in cultural dimension is classified as A. power distance B. orientation distance C. expatriation distance D. repatriation distance

Last Answer : . power distance

Kind of organization which have integrated worldwide corporate units in different countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Description : Kind of organization which have integrated worldwide corporate units in different countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Last Answer : global enterprise

Factors that affect global human resource management are A. economic factors B. societal factorsC. cultural factors D. all of the above

Description : Factors that affect global human resource management are A. economic factors B. societal factorsC. cultural factors D. all of the above

Last Answer : all of the above

If employee is citizen of India, working in U.S and employed by company whose headquarters are in Japan then employee is classified as A. third country nationals B. third world employees C. expatriates D. host country nationals

Description : If employee is citizen of India, working in U.S and employed by company whose headquarters are in Japan then employee is classified as A. third country nationals B. third world employees C. expatriates D. host country nationals

Last Answer : third country nationals

Global assignments in which employees are sent for strategic jobs having intercultural understanding are classified as A. development assignments B. non development assignments C. strategic assignments D. managerial assignments

Description : Global assignments in which employees are sent for strategic jobs having intercultural understanding are classified as A. development assignments B. non development assignments C. strategic assignments D. managerial assignments

Last Answer : strategic assignments

Classification of international employees include A. expatriates B. host country nationals C. third country nationals D. all of the above

Description : Classification of international employees include A. expatriates B. host country nationals C. third country nationals D. all of the above

Last Answer : all of the above

The corporate governance structure of a company reflects the individual companies’ A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Description : The corporate governance structure of a company reflects the individual companies’ A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Last Answer : All of the above.

The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personalIntegrity to society. B. Change the way in which ethics is taught to students. C. Create more ethics standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Description : The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personalIntegrity to society. B. Change the ... standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Last Answer : Create more ethics standards by which corporate professionals must operate.