What Will Be Assigned to S_string After the Execution of the Following

question 19

Multiple Choice

What will be assigned to s_string after the execution of the following code? special = '1357 Country Ln.'
S_string = special[ :4]

• A) '7'
• B) '1357'
• C) '1357 '
• D) Invalid code

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Definitions:

Straight-Line Depreciation

A method of allocating the cost of a tangible asset evenly across its useful life.

Resale Value

The estimated amount for which an asset can be sold at the end of its useful life, considering factors like market demand and the asset's remaining utility.

Net Operating Losses

Financial losses that occur when a company's operating expenses exceed its revenues, which can be applied to reduce taxable income.

CCA Class

In Canadian taxation, Capital Cost Allowance (CCA) Class refers to categories of assets that are subject to different rates of depreciation for tax purposes.