BOP - current a/c and capital a/c

BOP - current a/c and capital a/c

2nd - 6th Grade

8 Qs

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BOP - current a/c and capital a/c

BOP - current a/c and capital a/c

Assessment

Quiz

Other

2nd - 6th Grade

Hard

Used 13+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Chinese firm export goods to S’pore
Credit entry in Current a/c (Invisible trade a/c)
A debit entry in Current a/c (Visible trade a/c)
Credit entry in Capital a/c
Debit entry in Capital a/c

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Singapore decides to spend more in maintaining her diplomats in the Philippines.
Debit entry in Capital a/c
Credit entry in Current a/c (visible trade a/c
Debit entry in Current a/c (Visible trade a/c)
Debit entry in Current a/c (Invisible a/c)

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Japanese tourist visit S’pore and bought some Bee Chen Xiang BBQ pork.
Credit entry in Current a/c (visible trade a/c)
Credit entry in Current a/c (invisible trade a/c)
Debit entry in Current a/c (visible trade a/c)
Debit entry in Current account (invisible trade alc)

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payments of dividends by a foreign firms to Singaporeans.
Debit entry in Current a/c
Credit entry in Current a/c
Debit entry in capital a/c
Credit entry in Capital a/c

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The purchase of an overseas company by a Singapore firm.
Credit entry in current a/c
Debit entry in Current a/c
Credit entry in Capital a/c
Debit entry in Capital a/c

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Payments of profits by a Japanese firm in Singapore to its parent company in Tokyo.
Credit entry in capital a/c
Debit entry in capital a/c
Credit entry in current a/c
Debit entry in current a/c

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Singapore made donations to Japan during the recent natural disaster.
Credit entry in current a/c
Debit entry in current a/c
Credit entry in capital a/c
Debit entry in capital a/c

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Singapore tourists buy a few LV handbags from Europe.
Credit entry in current account (visible trade a/c)
Debit entry in current account (visible trade a/c)
Credit entry in current a/c (invisible trade a/c)
Debit entry in current a/c  (invisible trade a/c)