Assuming DataFile Is a File Stream Object, the Following Statement

question 46

Multiple Choice

Assuming dataFile is a file stream object, the following statement:
DataFile.close() ;

• A) is illegal in C++
• B) needs a filename argument to execute correctly
• C) closes a file
• D) is legal but risks losing valuable data
• E) None of these

---

Definitions:

Capitalized Interest

Interest expenses that are included as part of the cost of constructing a long-term asset and thus included in the asset's valuation on the balance sheet.

Incremental Borrowing

Refers to the additional interest or costs a company incurs to obtain extra funds or increase its level of debt.

Commercial Substance

The concept refers to a situation where the risk, timing, or amount of future cash flows of a business changes as a result of a transaction.

Straight-Line Method

A method of calculating the depreciation of an asset, which spreads the cost evenly over its useful life.