A Statement That Starts with a # Symbol Is Called

question 34

Multiple Choice

A statement that starts with a # symbol is called a:

• A)Comment
• B)Function
• C)Preprocessor directive
• D)Key word
• E)None of the above

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Definitions:

Book Value

The net value of a company's assets minus its liabilities and preferred stock, often used to determine the potential value of a company if it were to be liquidated.

Carrying Value

The book value of an asset or liability on a company's balance sheet, calculated as the original cost minus depreciation or amortization.

Unearned Ticket Revenue

Revenue received from ticket sales before the event or service has been provided; also considered a liability until earned.

Adjusting Journal Entry

An accounting record posted at the conclusion of a fiscal period with the purpose of assigning revenues and expenses to their correct time frame.