If an Empty File Were Used as Input to the Operator

question 15

Multiple Choice

If an empty file were used as input to the operator, a ____ value is returned.

• A) empty string
• B) nil
• C) zero
• D) null

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Definitions:

Effective-Interest Method

An accounting practice used to allocate loan or bond interest expense over the life of the loan/bond based on the loan's/bond's yielding interest rate.

Bond Premium Amortization

The gradual reduction over time of the amount by which a bond's purchase price exceeds its face value.

Carrying Value

Another term for book value; it's the value at which an asset is recognized on the balance sheet.

Straight-Line Method

A method of calculating depreciation of an asset where the asset's cost is reduced equally over its useful life.