When a Change in the Value of a Variable Persists

question 48

Multiple Choice

When a change in the value of a variable persists beyond the execution of a statement,a(n) ____ has occurred.

• A) side effect
• B) persistent effect
• C) error
• D) compound change

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Definitions:

Interest Revenue

Income that a company earns from investments that pay interest, including savings accounts, bonds, or loans provided to others.

Company's Accounts

The financial records of a business, detailing its transactions, financial performance, and position, including assets, liabilities, revenue, and expenses.

Reconciling Information

The process of ensuring that two sets of records or financial transactions are in agreement.

Adjusted Cash Balance

The cash amount shown in the accounting records after adjustments have been made for checks, deposits in transit, and other items.