Which of the following are characteristics of stocks and flows in the SNA? Select all that apply.



a) Flows are aggregations of individual transactions or other economic flows over a specific accounting period while stocks are recorded at a point in time, either the beginning or end of the accounting period.

b) Flows are consolidated over a specific accounting period while stocks total of all positions at a point in time.

c) Stocks reflect the position in assets and liabilities at a point in time while economic flows reflect the creation, transformation, exchange, transfer, or extinction of economic value.

d) Other flows reflect changes in the value of assets due to transactions.