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202 1 intermediate auditor "audit" test center exercise: balance of payments items
As we all know, the objective test of intermediate auditors is less difficult than the subjective test. You can consolidate and improve the knowledge points through the study and practice of basic test sites. Relevant knowledge of audit specialty is one of the examination subjects for intermediate auditors, and it is also the theoretical knowledge we will use in the audit industry. Therefore, it is very important whether it is needed in reality or in exams. We can start from each test center, one by one, and complete the study of intermediate auditors. Today, I will bring you 202 1 intermediate auditor's "audit" test site exercise: balance of payments project. Hurry up and practice.

Example of multiple choice questions (20 14)

In the balance of payments prepared according to the double-entry bookkeeping principle, the net difference of all items should be:

A. greater than zero B. less than zero C. equal to zero D. arbitrary value

"correct answer" c

The balance of payments is compiled according to the double-entry bookkeeping principle. Each economic transaction should be debited and credited to the relevant items at the same time, and the amount is equal. The net balance of all items in the balance of payments should be equal to zero.

Examples, multiple choice questions

The most important items in the balance of payments are:

A. Capital account B. Monetary account C. Current account D. Balanced account

"correct answer" c

The most important item in the balance of payments is the current account.

Example of multiple choice questions

The following are general items:

A. International reserves B. Free transfer C. Trade balance

D. Service income and expenditure E. Short-term capital

"correct answer" BCD

Current account includes: trade balance, service balance and free transfer.

Example of multiple choice questions (20 16)

In the current account of balance of payments, the income and expenditure of government agencies belong to:

A. Free transfer B. Trade balance C. Service balance D. Short-term capital

"correct answer" c

The income and expenditure of government organs belong to other service income and expenditure under the service income and expenditure.

Example of multiple choice questions

The forms of long-term capital in the balance of payments include:

A.b. securities investment

C. International reserves D. Long-term loans

E. corporate credit

"correct answer" ABDE

The forms of long-term capital in the balance of payments include direct investment, securities investment, long-term loans from the government and banks, and corporate credit.

Example of multiple choice questions

International reserves mainly include:

A.b. foreign exchange reserves

C. Foreign borrowing D. Foreign direct investment

E. special drawing rights allocated by the international monetary fund

"correct answer" = ↑ABCE

International reserves mainly include: gold reserves, foreign exchange reserves, foreign loans, special drawing rights allocated by the International Monetary Fund and other drawing rights.

The above is the 202 1 intermediate auditor's "audit": the test site exercise of balance of payments project. I hope you can grasp the test center, make a good study plan of 202 1, and get into the habit of preparing for the intermediate auditor exam, so that you can pass the exam once. Come on, I wish you success!