Consider the Following Code Snippet

question 104

Multiple Choice

Consider the following code snippet.
PrintWriter outputFile = new PrintWriter("payrollReport.txt") ;
Which of the following statements about the PrintWriter object is correct?

• A)If a file named "payrollReport.txt" already exists, a new file named "payrollReport_1.txt" will be created and used.
• B)If a file named "payrollReport.txt" already exists, an exception will occur.
• C)If a file named "payrollReport.txt" already exists, existing data will be deleted before new data are added to the file.
• D)If a file named "payrollReport.txt" already exists, new data will be added to the end of the file.

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Definitions:

Book Building

A process by which an underwriter attempts to determine the price at which an initial public offering will be offered.

Investor Demand

The interest and willingness of investors to purchase securities, significantly influencing market prices and interest rates.

Residual Claim

The right to claim assets only after all other liabilities and claims have been settled, typically relevant to equity holders.

Common Stockholders

Individuals or entities that own common shares in a corporation, having voting rights and potentially receiving dividends.