For the Sake of Convenience, What Parameter Type Can Be

question 23

Multiple Choice

For the sake of convenience, what parameter type can be used when the variable to be passed does not have an assigned value at the time the method is called?

• A) reference parameter
• B) value parameter
• C) mandatory parameter
• D) output parameter

---

Definitions:

Unamortized Premium

The portion of the premium paid over the par value of bonds that has not yet been amortized or written off over the life of the bond.

Bonds Payable

A liability account that records the amounts a company owes to bondholders by the bond's maturity date.

Carrying Amount

The value of an asset or liability according to a company's balance sheet, factoring in depreciation or amortization.

Unamortized Discount

The portion of a bond discount that has not yet been expensed to interest expense over the bond's life.