Not All Functions Have Arguments,and Some Functions Have ____________________ Arguments,which

question 47

Short Answer

Not all functions have arguments,and some functions have ____________________ arguments,which are not required for the function to return a value,but can be included to provide more control over the returned value.

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Definitions:

Income Tax Expense

The amount of income tax a company is obligated to pay to the government, based on its taxable income.

Cash Basis

An accounting method where revenues and expenses are recorded when cash is received or paid, rather than when they are incurred.

Statement of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.

Operating Activities

Business activities related directly to the production, sale, and delivery of a company's products or services, which are reflected in the cash flows from operating activities in the statement of cash flows.