BEC B

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  1. The ---------------------------- is a balance of payment account in which payments and receipts related to international trade in goods and services, and interest and dividends from capital invested in a foreign country are recorded.
    The current account is a balance of payment account in which payments and receipts related to international trade in goods and services, and interest and dividends from capital invested in a foreign country are recorded.
  2. The current account is composed of four subaccounts:

    -------------------------------

    Service account: payments and receipts from the exchange of services (e.g., insurance, shipping, tourism)

    Net investment income

    Net transfers
    The current account is composed of four subaccounts:

    Balance of trade: payments and receipts from the exchange of goods

    Service account: payments and receipts from the exchange of services (e.g., insurance, shipping, tourism)

    Net investment income

    Net transfers
  3. The current account is composed of four subaccounts:

    Balance of trade: payments and receipts from the exchange of goods

    -------------------------------------------------

    Net investment income

    Net transfers
    The current account is composed of four subaccounts:

    Balance of trade: payments and receipts from the exchange of goods

    Service account: payments and receipts from the exchange of services (e.g., insurance, shipping, tourism)

    Net investment income

    Net transfers
  4. The current account is composed of four subaccounts:

    Balance of trade: payments and receipts from the exchange of goods

    Service account: payments and receipts from the exchange of services (e.g., insurance, shipping, tourism)

    -------------------------------

    Net transfers
    The current account is composed of four subaccounts:

    Balance of trade: payments and receipts from the exchange of goods

    Service account: payments and receipts from the exchange of services (e.g., insurance, shipping, tourism)

    Net investment income

    Net transfers
  5. The current account is composed of four subaccounts:

    Balance of trade: payments and receipts from the exchange of goods

    Service account: payments and receipts from the exchange of services (e.g., insurance, shipping, tourism)

    Net investment income

    --------------------------
    The current account is composed of four subaccounts:

    Balance of trade: payments and receipts from the exchange of goods

    Service account: payments and receipts from the exchange of services (e.g., insurance, shipping, tourism)

    Net investment income

    Net transfers
  6. ------------------- is the disequilibrium condition in the government budget when government expenditure exceeds government receipts.
    Deficit is the disequilibrium condition in the government budget when government expenditure exceeds government receipts.
  7. ----------------------- are those factors that explain changes in cost for a particular activity.
    Cost drivers are those factors that explain changes in cost for a particular activity.
  8. -------------------------  are used to assign costs of activities to products or other cost objects.
    Activity drivers,  are used to assign costs of activities to products or other cost objects.
  9. ------------ market value defines the seller as hypothetical
    Fair market value defines the seller as hypothetical
  10. ------------------ assumes a specific seller
    fair value assumes a specific seller
  11. what are the differences between Fair Value and Fair Market Value?

    ------------------------------

    Fair market value defines the seller as hypothetical, whereas there is a specific seller when using fair value.

    Fair market value takes advantage of an unrestricted market, whereas fair value uses the principal or most advantageous market.
    what are the differences between Fair Value and Fair Market Value?


    Fair market value implies a willing buyer and seller, whereas the buyer and seller under fair value are not necessarily willing.

    Fair market value defines the seller as hypothetical, whereas there is a specific seller when using fair value.

    Fair market value takes advantage of an unrestricted market, whereas fair value uses the principal or most advantageous market.
  12. what are the differences between Fair Value and Fair Market Value?

    Fair market value implies a willing buyer and seller, whereas the buyer and seller under fair value are not necessarily willing.

    -----------------------------------

    Fair market value takes advantage of an unrestricted market, whereas fair value uses the principal or most advantageous market.
    what are the differences between Fair Value and Fair Market Value?

    Fair market value implies a willing buyer and seller, whereas the buyer and seller under fair value are not necessarily willing.

    Fair market value defines the seller as hypothetical, whereas there is a specific seller when using fair value.

    Fair market value takes advantage of an unrestricted market, whereas fair value uses the principal or most advantageous market.
  13. what are the differences between Fair Value and Fair Market Value?

    Fair market value implies a willing buyer and seller, whereas the buyer and seller under fair value are not necessarily willing.

    Fair market value defines the seller as hypothetical, whereas there is a specific seller when using fair value.

    -------------------------------------
    what are the differences between Fair Value and Fair Market Value?

    Fair market value implies a willing buyer and seller, whereas the buyer and seller under fair value are not necessarily willing.

    Fair market value defines the seller as hypothetical, whereas there is a specific seller when using fair value.

    Fair market value takes advantage of an unrestricted market, whereas fair value uses the principal or most advantageous market.
  14. How does inflation distort reported income?
    Depreciation is not reflective of current fixed-asset replacement costs.
  15. historical ------------------------ does not reflect current fixed-asset replacement costs
    historical cost depreciation does not reflect current fixed-asset replacement costs
  16. The linked list form of file organization is characterized by the --------------------------
    The linked list form of file organization is characterized by the Pointer field
  17. A ---------------------- has a pointer field which displays the address of the next record in the list.
    A linked list has a pointer field which displays the address of the next record in the list.
  18. The------------------- margin is sales revenue minus all variable costs.
    The contribution margin is sales revenue minus all variable costs.
  19. ------------ costs are not considered in calculating contribution margin.
    Fixed costs are not considered in calculating contribution margin.
  20. During the recessionary phase of a business cycle:
    there will be a decline in the number of hours worked in an average week for production workers in the manufacturing sector.
Author:
Joens1313
ID:
313375
Card Set:
BEC B
Updated:
2015-12-18 04:21:53
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BEC
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BEC B
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