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Which of the following group of accounts make up the balance of payments?

Which of the following group of accounts make up the balance of payments?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The current account multiple account and capital account
  • B Monetary movement account;company account and international account
  • C Cash acount; double entry account and current account
  • D Capital account; current account and monetary movement account
Correct Answer: Option D
Explanation:
The balance of payments (BOP) is a statement of all transactions made between entities in one country and the rest of the world over a defined period of time. The balance of payments include both the current account and capital account and the financial account.

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