Which Statement Is True

question 55

Multiple Choice

Which statement is true?

• A)Variables cannot be assigned and declared in the same statement
• B)Variable names must contain at least one dollar sign
• C)Variable names can be no more than 8 characters long
• D)It is incorrect to initialize a string variable with a number

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Definitions:

Financial Risk

The likelihood of experiencing a loss of money in a business operation or investment.

EBIT

A financial metric, Earnings Before Interest and Taxes, calculates a business's income by including all earnings and expenditures with the exception of those from interest and taxes.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the percentage of fixed to variable costs a company has.

Variable Expenses

Costs that vary directly and proportionately with changes in production volume or business activity.