A transaction that results in an increase (+) in its account is known as a(n):

Question

Quizplus · Accepted Answer

According to the question, the transaction results in an increase (+) in its account, which means that the account is receiving a credit. In balance of payments (BOP), a credit is recorded when there is an inflow of funds or a reduction in liabilities. Therefore, the correct answer is C, BOP credit, as it represents an inflow of funds. The other options BOP debit, capital flow, and asset accretion do not necessarily refer to an increase in the account or an inflow of funds.

A Transaction That Results in an Increase (+) in Its