Which Statement Is True

question 55

Multiple Choice

Which statement is true?

• A)Variables cannot be assigned and declared in the same statement
• B)Variable names must contain at least one dollar sign
• C)Variable names can be no more than 8 characters long
• D)It is incorrect to initialize a string variable with a number

---

Definitions:

Inventory Loan

A loan that is secured by the inventory of a business, allowing the company to use its inventory as collateral.

Maturity Factoring

A financing method where a business sells its invoices to a factor at a discount but receives payment only when the customer pays the invoice at maturity.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.