Opec Ltd Manufactures Crystal Balls

question 2

Multiple Choice

Opec Ltd manufactures crystal balls. Transactions for year ended 31 December 2016 were as follows:

What was the reported profit for the year 2016?

• A) $100 000
• B) $140 000
• C) $180 000
• D) $350 000

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Definitions:

Five

An integer representing the numerical value of 5, often used in programming for iteration, counting, and conditional logic.

Posttest Loop

A control flow structure where the condition is evaluated after the loop's body has been executed, ensuring the body runs at least once.

Pretest Loop

A Pretest Loop is a control structure which evaluates its condition before executing the loop's body, e.g., a 'for' or 'while' loop in programming.

Fixed-Count

Refers to a situation or a loop where the number of iterations is predetermined and does not change during its execution.