CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

The part of the balance of payments account that lists net sales of non-produced assets is called the ______.

A. current account
B. capital account
C. financial account
Correct Answer: B

The capital account balance mainly consists of capital transfers and net sales of non-produced, non-financial assets.

User Contributed Comments 2

User Comment
Boydbri1 What is an example of a non-produced non financial asset? I can remember the definition, but I have no idea what they mean.
chcarnes Rights to natural resources and intangible assets such as copyrights, patents, trademarks, etc.
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