Which Statement Regarding Computer Programs Is Correct

question 16

Multiple Choice

Which statement regarding computer programs is correct?

• A)Computer programs can decide what task to perform.
• B)Large and complex computer programs are generally written by only one programmer.
• C)Computer programs are composed of extremely primitive operations.
• D)Small computer programs are not documented.

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Definitions:

Effective Interest Method

An accounting technique used to allocate the interest expense or income of a bond over its life in a way that yields a constant rate of return.

Interest Expense

The cost incurred by an entity for borrowed funds, which is considered a non-operating expense on the income statement.

Semiannually

Occurring twice a year, typically used in the context of payments, interest accruals, or reporting periods.

Effective-interest Method

A method of amortizing bond discounts or premiums that reflects the constant rate of interest over the life of the bond with respect to its carrying value at the beginning of each interest period.