The ________ Statement Executes One Block of Statements If a Test

question 13

Multiple Choice

The ________ statement executes one block of statements if a test condition is True, and another block if the condition is false.

• A) if
• B) if/else
• C) if/else if
• D) switch
• E) trailing else

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Definitions:

AAR

Average Annual Return, representing the average amount of money earned by an investment each year over a given time period.

Discounted Payback

A capital budgeting method that calculates the time needed to recoup the initial investment in present value terms, considering the time value of money.

Crossover Point

The point at which two or more different financial indicators meet, often used in budgeting to identify when an investment will start to generate profit.

Mutually Exclusive Projects

Projects where the acceptance of one will automatically exclude the option of accepting the other.