Which of the following group of accounts make up the balance of payments?
A. the current account multiple account and capital account B. Monetary movement account;company account and international account C. cash acount; double entry account and current account D. Capital account; current account and monetary movement account
Correct Answer: D
Explanation
The balance of payments (BOP) is a statement of all transactions made between entities in one country and the rest of the world over a defined period of time. The balance of payments include both the current account and capital account and the financial account.
