When Using an If

question 64

Short Answer

When using an If...Then...ElseIf statement,a trailing ____________________ statement can be placed at the end to handle a condition that does not meet any of the conditions tested.

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Definitions:

Equity

The value of ownership interest in a company, represented by the shares held by investors.

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life, representing the wear and tear, deterioration, or obsolescence of the asset.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time, typically reported on the income statement.