The First Action Performed by the For

question 2

Multiple Choice

The first action performed by the For...Next loop structure is to ____.

• A) test to determine if the loop is to be performed
• B) initialize the counter variable
• C) change the counter variable by the stepvalue
• D) add the startvalue to the stepvalue

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Definitions:

Goods In Transit

Items that have been shipped by a seller but not yet received by the buyer, existing in a limbo state on the balance sheet until delivery.

Functional Currency

The primary currency of the primary economic environment in which an entity operates, used in its financial reporting.