Write an If Clause That Determines Whether the Sequential Access

question 51

Essay

Write an If clause that determines whether the sequential access file named contacts.txt exists.If the file exists,open the file.If the file does not exist,display the message "File not found" in a message box.The application is named "View Contacts".

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Definitions:

Common Stock

A type of security that represents ownership in a corporation, granting the holder a share in the company's profits and losses.

Consolidation Entry

Journal entries made in the consolidation process to adjust and eliminate intercompany transactions between parent and subsidiary entities in consolidated financial statements.

Inventory Transfer

The process of moving goods from one location to another within the same business entity.

Cost of Goods Sold

Immediate expenses incurred in the production of a company’s merchandise, including labor and material costs.