Which of the Following Statements Is False

question 17

Multiple Choice

Which of the following statements is false?

• A) Variables store values for later use in your code.
• B) The following statement creates x and uses the assignment symbol (=) to give x a value. x = 7
• C) Every statement stops at the end of the line in which it begins.
• D) Once x and y are created and assigned values, you can use the values in expressions like: x + y

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Definitions:

Journal Entry

A record in the accounting journal that consists of a debit and credit entry and describes a business transaction.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations, calculated by dividing current assets by current liabilities.

Working Capital

The gap between a firm's immediate assets and its short-term obligations, reflecting the funds available for daily operations.

Quick Ratio

A liquidity ratio that measures a company's ability to cover its short-term obligations with its most liquid assets.