Which Statement About Contingent Assets Is Correct

question 57

Multiple Choice

Which statement about contingent assets is correct?

• A)It involves only potential economic outflows of resources.
• B)It is a possible asset that depends upon the outcome of a future event.
• C)It involves uncertainty about either the timing or amount of payment.
• D)It is a condition that depends upon the outcome of a forecasted event.

Recognize the significance of internal and external file names within the operating system.

Identify the characteristics and limitations of filenames in various operating systems.

Understand the differences between text and binary files and their advantages.

Grasp the concept of file streams and their direction (input or output).

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Definitions:

Strip Bond

A kind of bond in which the main amount and the periodic interest payments are detached and marketed separately as zero-coupon bonds.

Strip Bond

A bond variant where the capital and ongoing interest payments are split and each sold as separate zero-coupon bonds.

Compounded Semi-annually

Interest that is compounded and added to the principal twice per year, emphasizing the process of growth due to reinvestment of interest.

Issue Price

The price at which a new issue of securities is offered to the public.