Author Question: Company X sold its products to Company Z in September. Company X will be compensated with Company ... (Read 542 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
Company X sold its products to Company Z in September. Company X will be compensated with Company Z's products in December. Which term best describes this transaction?
 
  A) offset purchase
  B) parallel switch
  C) counterpurchase
  D) clearinghouse accounts

Question 2

Which of the following is a form of asset included in the official reserves account?
 
  A) government bonds
  B) inconvertible currencies
  C) special drawing rights
  D) reserve positions at the WTO


qytan

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

For a complete list of videos, visit our video library