Statistical discrepancy, which by definition represents errors and omissions
A)cannot be calculated directly.
B)is calculated by taking into account the balance-of-payments identity.
C)probably has some elements that are honest mistakes, it can't all be money laundering and drugs.
D)all of the above

Question

Quizplus · Accepted Answer

Statistical discrepancy is an accounting entry used to ensure that the balance of payments accounts balance. It cannot be calculated directly (A), is derived from the balance-of-payments identity (B), and likely includes honest errors as well as other factors (C).

Statistical Discrepancy, Which by Definition Represents Errors and Omissions