A country's overall level of interest rates should have an impact on the financial account of the BOP. Relatively low real interest rates should normally stimulate an outflow of capital seeking higher interest rates in other country currencies

Indicate whether the statement is true or false.


Answer: TRUE

Business

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Deloitte & Touche hires:

a. bookkeepers b. public accountants c. ledger keepers d. private accountants e. record keepers

Business

A petty cash fund was established with a $390 balance. It currently has cash of $43 and petty cash tickets totaling $347. Which of the following would be included in the entry to replenish the fund?

A) a credit to Petty Cash for $347 B) a debit to Petty Cash for $43 C) a credit to Cash for $43 D) a credit to Cash for $347

Business

During collective bargaining, the employer and the union are obligated to reach an agreement

Indicate whether the statement is true or false

Business

Maura enters a convenience store and points a gun at the clerk Nate. She then forces Nate to open the cash register and give her all the money. Maura will most likely be charged with A) burglary

B) robbery. C) larceny. D) receiving stolen property.

Business