Case-Based Critical Thinking Questions Case 1-3 Jim Has Just Purchased

question 135

Multiple Choice

Case-Based Critical Thinking Questions Case 1-3 Jim has just purchased a new computer and it has made him think about how it works. He is particularly interested in how information is processed and stored in his computer. He has come to you for help. Jim wants to know why a compiler converts all statements in a program at one time and places them into an object code. You tell him it is so that ____.

• A) the code is ready to execute
• B) you can prevent the introduction of new errors
• C) you can put it on a chip
• D) none of the above

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Definitions:

Cash Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in cash.

State Corporation Laws

Regulations established by individual states governing the formation, operation, and dissolution of corporations within their jurisdiction.

Comprehensive Income Items

Components of comprehensive income that represent all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Revaluation Surplus

The increase in value of an asset, over its previously recorded cost, reflected in the financial statements.