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If-Else Examples Can Also Be Called ____ Because They Contain

question 17

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if-else examples can also be called ____ because they contain the action taken when the tested condition is true and the action taken when it is false.


Definitions:

Going-concern Assumption

An accounting principle that assumes a business will continue to operate indefinitely, rather than being liquidated.

Financial Statements

Standardized documents that provide an overview of a company's financial performance and position, including the balance sheet, income statement, and cash flow statement.

Operating

Pertains to the regular, ongoing activities of a business that are involved in the production or sale of goods and services.

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