How many of the following statements about the Balance of Payments (BoP) are correct?

I. BoP is a systematic record of all economic transactions between residents of a country and the rest of the world.

II. BoP is divided into current account, capital account, and financial account.

III. BoP always balances in an accounting sense (errors and omissions aside).

IV. A BoP surplus indicates that the country is a net lender to the world.

Select the correct answer using the code given below: