One major difference between a nation's balance of trade and its balance of payments is that

1 answer:

4 0

The balance of commerce is the difference in the value of exports and imports of only visible items. The balance of trade adds imports and exports of goods alone, clearance items. A balance of trade of a country can be favirable or infavirable but BoP regularly balance

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An auditor ordinarily sends a standard confirmation request to all banks with which the entity has done business during the year

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Answer:

A. seek information about loans from the banks.

Explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

An auditor refers to an authorized individual who review, examine and verify the authenticity and accuracy of business financial records or transactions.

An auditor ordinarily sends a standard confirmation request to all banks with which the entity it is auditing has done business during the year under audit, regardless of the year-end balance. One purpose of this procedure is to seek information about loans from the banks so as to examine and verify the amount that was loaned by the bank to the business entity, as well as comparing the figures (values) to that on the balance sheet.

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3 years ago

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The correct answer is Neutral stance

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What types of should we learn in class 11 ?

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We can stop operating mobile phone
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3 years ago

Name two expectations customers have that are part of the customer buying criteria.

bezimeni [28]

Price and awareness positioning are the right response.

BUYING CRITERIA AND IMPORTANCE ARE NOT THE SAME.

Most individuals will respond "safety" when asked what factor they consider most important when picking an airline. The same person won't say "safety" when you ask what factors they consider when buying a ticket because safety is taken for granted. Security is a given. A buyer's criterion could include a wide range of factors, including cost, delivery time, service accessibility, place of manufacture, etc. Additionally, you need to comprehend the relative importance that each criterion has in the industry. Although the quickness of delivery is given more importance than the low price, it may still be a factor.

to know more about buying criteria

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2 years ago

You want to buy a new sports coupe for $91,500, and the finance office at the dealership has quoted you an APR of 7.3 percent fo

Travka [436]

Answer:

Monthly payment: 1,573.20

effective rate: 7.55%

Explanation:

We need to calculate the quota of an ordinary annuity