Use the Following Information for Questions 55 and 56

question 72

Multiple Choice

Use the following information for questions 55 and 56.
Armstrong Inc. is a calendar-year corporation. Its financial statements for the years ended 12/31/14 and 12/31/15 contained the following errors:
-Assume that no correcting entries were made at 12/31/14, or 12/31/15. Ignoring income taxes, by how much will retained earnings at 12/31/15 be overstated or understated?

• A) $40,000 overstatement
• B) $35,000 overstatement
• C) $50,000 understatement
• D) $15,000 understatement

Understand logical operators and their usage in expressions.

Differentiate between relational and logical operators.

Recognize syntax errors and correct usage of syntax in control structures.

Identify the role and definition of reserved words in Java.

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Definitions:

Lead Roles

Principal or main characters in a performance, such as a film, play, or television show, around whom the plot centers.

2014-2015 Season

A specific time period used to reference events, sports seasons, or academic years, in this context likely referring to events or activities happening between 2014 and 2015.

2011-2012 Season

A specific period used to denote a cycle of events, shows, sports, or academic years, often starting in 2011 and ending in 2012.

Sociologists

Social scientists who study human societies, patterns of social relationships, social interaction, and culture.