Answer:
A. The export and import of goods and services
Explanation:
The current account refers to the trade balance of a country. It is the record of a country's transactions with the rest of the world.
Current account includes imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid.
The current account of a country can either be a surplus (positive) or a deficit (negative).
Surplus current account is when a country's export is greater than its import.
Deficit current account is when a country's export is less than its import.
Import refers a situation where a country buys goods from another country.
Export refers to a situation where a country sells to other countries of the world.
The current account is a part of the balance of payments, the other part is the capital or financial account.
Financial/capital account measures cross-border investments in financial instruments and changes in central bank reserves.
Answer:
c. cost-leadership strategy
Explanation:
Contour Autos tend to decrease the price of the product and that the quality served of the product is acceptable and not degraded. In this manner as against the normal industry the company supplies same quality goods at lower prices.
This decreases the cost for consumers and therefore, it is termed as Cost-Leadership strategy.
The Company tends to lead in the market through lower cost of goods supplied with the same quality.
Answer:
Explanation:
FASB amended the rules to improve the comparability of the information about business combinations provided in financial reports. A variable interest entity is a legal business.
The Financial Accounting Standards Board issued SFAS 141(R) in 2007 December, to substitute the SFAS 141. Evaluating the comment letters, articles and industry publications, they analyzed issues that were with SFAS 141 from the perspective of professionals, users and the FASB; it was evaluated 141(R) to ascertain these weaknesses and they were corrected with solutions been profound in 141(R).
Answer:
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People either get hired to balance out how much a company is paying their employees, or the price of their priduuct increases to balance out how much money their employees are getting paid
