When a for Loop Is Used to Iterate Over a Collection

question 2

Multiple Choice

When a for loop is used to iterate over a collection, which statement is true?

• A) list items are visited from last to first
• B) items in a list are visited in a random order
• C) items in a sorted collection are visited in ascending order
• D) items in a dictionary are visited in descending order

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Definitions:

Face Value

The nominal value stated on a financial instrument, such as a bond or stock certificate, representing its value at issuance.

Allowance for Doubtful Accounts

An estimation of the amount of accounts receivable that may not be collectible, serving as a contra-asset on the balance sheet.

Bad Debt Expense

An expense reported by businesses to cover accounts receivable that are unlikely to be collected.

Adjusting Entry

Journal entries made in the accounting records at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.