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Current Account (CA) or Capital and Financial Account (CFA)?

Authored by Kelly Kater

Social Studies

12th Grade - University

Used 33+ times

Current Account (CA) or Capital and Financial Account (CFA)?
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18 questions

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1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Ford purchases $30 million in production machinery from a Mexican company.

Current Account

Capital and Financial Account

Debit

Credit

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Elon Musk, U.S. entrepreneur, invests $75 million to develop a space base in India.

Current Account

Capital and Financial Account

Debit

Credit

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A Chinese company sells $1 million worth of vests to the US Army.

Current Account

Capital and Financial Account

Debit

Credit

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

BMW pays $1 million to a U.S. shipper for transporting cars from Germany to the U.S.

Current Account

Capital and Financial Account

Credit

Debit

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Each month, Andrea, a recent immigrant to the United States, sends half her paycheck to her sister in Mexico.

Current Account

Capital and Financial Account

Credit

Debit

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Bank of America pays $10 million in interest to British depositers.

Current Account

Capital and Financial Account

Credit

Debit

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Mr. Smith from Australia buys a shopping center in Texas.

Current Account

Capital and Financial Account

Credit

Debit

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