The Sum of the Partners' Ending Basis Amounts on All

question 19

True/False

The sum of the partners' ending basis amounts on all Schedules K-1 equals the partners' ending capital account balance shown on the partnership's Schedule L.

---

Definitions:

InputMismatchException

An exception thrown by scanner methods in Java to indicate that the retrieved data does not match the expected type.

Exception-Handling Technique

A programming method used to manage the occurrence of exceptions—events that disrupt the normal flow of program execution.

FileNotFoundException

An exception thrown when an attempt to open the file denoted by a specified pathname has failed.

RuntimeException

A type of unchecked exception in Java that indicates errors that can occur during the execution of a program and are not checked at compile-time.