Which of the following group of accounts make up the balance of payments?
- the current account multiple account and capital account
- Monetary movement account;company account and international account
- cash acount; double entry account and current account
-
Capital account; current account and monetary movement account
The correct answer is: 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.