The statistical discrepancy in the balance-of-payments accounts
A)arise since recordings of payments and receipts are done at different times, in different places, possibly using different methods.
B)arise since some transactions (illegal transactions) occur "off the books".
C)represents omitted and misreported transactions.
D)all of the above

Question

Quizplus · Accepted Answer

The statistical discrepancy in the balance-of-payments accounts can arise due to a combination of factors such as different timings, different recording methods, illegal transactions that are not reported, and omitted or misreported transactions. Hence, option D is the correct choice.

The Statistical Discrepancy in the Balance-Of-Payments Accounts