An Expression Tested by an If Statement Must Evaluate to

question 52

Multiple Choice

An expression tested by an if statement must evaluate to

• A) 0 or 1
• B) +1 or -1
• C) true or false
• D) t or f

Assess cost-benefit scenarios in business operations.

Apply principles of economics to personal financial decisions.

Understand the factors influencing cost-effectiveness in production and pricing strategies.

Understand the concept of Net Present Value (NPV) and its calculation.

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Definitions:

Liability

Financial obligations or debts that an individual or organization owes to others, which must be settled over time.

Savings Account

A bank account that earns interest and is typically used by account holders for saving money over a period of time.

Rate Of Return

A measure used to evaluate the financial performance of an investment, calculating the gain or loss relative to the asset's initial cost.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows or the rate charged by central banks on loans to commercial banks.