A U.S. resident increasing her holdings of a foreign financial asset causes (a)
Group of answer choices
Credit in the U.S. Current account.
Credit in the U.S. Financial account.
Debit in the U.S. Financial account.
Debit in the U.S. Current account.
Debit in the US financial account - is correct
A U.S. resident increasing her holdings of a foreign financial asset causes Decrease in US financial account.
A U.S. resident increasing her holdings of a foreign financial asset causes (a) Group of answer...
One source of the supply of dollars in the foreign exchange rate market is Group of answer choices the sale of U.S. domestic financial assets to foreigners. imports of merchandise into the United States. gold sold to foreigners. the purchase of U.S. exports.
1.)External users are those within an organization who use financial information to make day-to-day decision. Group of answer choices True False 2)The four basic financial statements are Income Statement, Statement of Owner's Equity, Balance Sheet and the Chart of Accounts. Group of answer choices True False 3)Generally Accepted Accounting Principles (GAAP) are accounting principles, assumptions, concepts (the rules) that guide the preparation and presentation of financial statements. Group of answer choices True False 4)In double-entry bookkeeping, at least four accounts...
miting oneself to an uncertain fature value of one's out worth ia terms of horme A. Selling B. Hedging C Speculating D. ollowing groups is most likely to benefit from a 7. Which of the against major currencies? ( from a strengthening of the U.S. dollar A. U.S, exporters B. U.S. govermment C. U.S. consumers D. Foreign consumers f the following mechanisms is NOT an automatic adjutment of the current secount in fixed exchange rate system?( ) A. price adjustments...
An appreciation of the exchange value of the U.S. dollar would: Group of answer choices A.increase the dollar prices of U.S. imports and the foreign cost of exports from the U.S. B.decrease the dollar prices of U.S. imports and the foreign cost of exports from the U.S. C.increase the dollar prices of U.S. imports, but decrease the foreign cost of exports from the U.S. D.decrease the dollar prices of U.S. imports, but increase the foreign cost of exports from the...
1. The U.S. Foreign Corrupt Practices Act and a new provision in the Dodd-Frank financial regulation-law allows company employees who bring cases of financial fraud, such as bribery, to the government's attention to receive ________ percent of any sum recovered. a. less than 10 b. exactly 20 c. up to 30 d. about 40 d. at least 50 2. Which of the following was among the most admired companies for social responsibility in 2012 according to Fortune magazine? a. GDF...
Which is not a common theme that is associated with financial asset bubbles? Group of answer choices New technology or securities Insider trading A belief that this time is different Leverage
Which of the following is the least likely treatment of an asset under U.S. GAAP? Group of answer choices a. The carrying value of an asset is recorded as $18,000 when the value of future cash flows from the asset is $19,000. b. A cost of $100,000 incurred in the development of software to improve the operating efficiency is capitalized. c. A loss of $100 is recognized when the fair value of the equipment falls from $250 to $150.
The Fed can close a recessionary gap by _____ Group of answer choices selling U.S. government bonds. increasing fiscal expenditure. lowering the interest rate. increasing taxes. decreasing taxes.
Accounting for both income tax and financial reporting purposes is governed by U.S. GAAP. Group of answer choices True False
1. A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing Group of answer choices the Income Statement. the Balance Sheet. the Statement of Cash Flows. cannot be determined. 2. The process of initially recording a business transaction is called Group of answer choices trial balancing posting journalizing balancing 3. Which of the following entries records the payment of rent for the current month? Group of answer choices Cash,...