Please Examine the Following Code Sample: Int Distance; // Declare

question 140

Multiple Choice

Please examine the following code sample: int distance; // Declare distance as an int
Double half; // Declare half as a double
Distance = 35; // Assign 35 to distance
Half = distance / 2; // Calculate half the distance
What value is assigned to the half variable?

• A) 70
• B) 17.5
• C) 18
• D) 17

---

Definitions:

Elimination Entry

An accounting entry made to remove the effects of intra-company transactions when consolidating the financial statements of a parent and its subsidiaries.

Fair Value

The earnings from auctioning off an asset or the obligation incurred during a methodical marketplace exchange at the date of price setting.

Consolidated Balance Sheet

A financial statement showing the combined financial position of a parent company and its subsidiaries, presenting the assets, liabilities, and equity as if the group were a single entity.

Disclosure Requirements

Guidelines or regulations that mandate the information companies must provide to stakeholders, ensuring transparency and assisting in informed decision-making.