Before a Text File Can Be Opened for Append, It

question 61

True/False

Before a text file can be opened for append, it must already exist on a disk.

---

Definitions:

Foreign Exchange Loss

A loss resulting from the devaluation of the home currency against a foreign currency in transactions.

Forward Exchange Contract

A financial agreement to exchange a set amount of currencies at a specified rate on a predetermined future date.

Cash Flow Hedge

A financial risk management tool aimed at safeguarding against variances in cash inflows and outflows due to market volatilities.

Amortized

Amortization involves spreading payments over multiple periods, such as loans or intangible assets, to reduce the balance over time.