In a Try-Catch-Finally Block, the Catch Clauses Are Considered One

question 14

True/False

In a Try-Catch-Finally block, the Catch clauses are considered one at a time, in the order in which they appear in the code, until the proper exception is located.

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Definitions:

Income Summary

An account used in the closing process in accounting to gather all revenues and expenses for a period before transferring the net result to the capital account.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue.

Expenses Closed

The process at the end of an accounting period where expense accounts are closed and their balances transferred to a summary account.

Owner's Capital

The amount of equity a business owner has invested in their firm or the net assets belonging to the owner.