When an Argument Is Declared in a Procedure with the Keyword

question 18

Short Answer

When an argument is declared in a procedure with the keyword ____________________,it means that the procedure has access to the value of the passed argument,but it does not actually reference the variable declared in the calling procedure.

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Definitions:

Salvage Value

The estimated residual value of an asset after its useful life is over.

Straight-Line Method

A method of calculating depreciation of an asset which spreads the cost evenly across the useful life of the asset.

Prior Period Adjustment

Adjustments made to the financial statements to correct errors or inaccuracies from previous periods.

Residual Value

The estimated salvage value an asset will have at the end of its useful life.