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If No Class Description Is Included in the Declaration Statement

question 27

Multiple Choice

If no class description is included in the declaration statement of a local variable, the variable is automatically assigned to the ____ class.


Definitions:

Discount Period

The amount of time the bank holds a note that was discounted until the maturity date.

Voucher System

A control mechanism in accounting that uses vouchers to record transactions and control disbursements.

Periodic System

Another term for the periodic inventory method, emphasizing its cyclical approach to inventory management and cost determination.

Voucher System

A control mechanism in accounting where vouchers are used to authorize the disbursement of cash and record financial transactions.

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