Given the Following Pseudocode:
FINAL-ACCUM $= 0$ NAME-ACCUM $= 0$ Read NAME, AMT
SAVE-NAME = NAME
DOWHILE Not EOF
IF

question 15

Multiple Choice

Given the following pseudocode:
FINAL-ACCUM $= 0$
NAME-ACCUM $= 0$
Read NAME, AMT
SAVE-NAME = NAME
DOWHILE not EOF
IF NAME $\neq$ SAVE-NAME THEN
Write NAME-ACCUM
FINAL-ACCUM = FINAL-ACCUM + NAME-ACCUM
NAME-ACCUM $= 0$
SAVE-NAME = NAME
ELSE
Write NAME, AMT
NAME-ACCUM = NAME-ACCUM + AMT
ENDIF
Read NAME, AMT
ENDDO
Which of the following statements is a true statement,assuming there is at least one input record?

• A)All the detail records will be processed successfully.
• B)Some of the detail records will be processed successfully.
• C)None of the detail records will be processed successfully.
• D)Only the first detail record will be processed successfully.

---

Definitions:

Comparative Balance Sheets

Financial statements that show a company's financial position at different points in time, facilitating analysis of trends and changes.

Year 1

Year 1 often refers to the first fiscal or calendar year of operation for a business or the initial year in a time series analysis.

Comparative Balance Sheets

Comparative balance sheets display the financial position of a business at different points in time, facilitating the analysis of trends over time.

Year 1

Typically refers to the first year of operation for a business or the initial year in a time series analysis in accounting or finance contexts.