The Ios::out Flag Causes the File's Existing Contents to Be

question 32

True/False

The ios::out flag causes the file's existing contents to be deleted if the file already exists.

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Definitions:

Initial Sale

The first time a company's product or service is sold, marking the beginning of its commercial journey.

Security

A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Financial Intermediaries

Institutions that facilitate the channeling of funds between savers and borrowers, by ensuring the flow of capital.

Pension Funds

Investment pools, typically of large size, established to manage and invest the retirement funds of employees, offering them income upon retirement.