What Will Be the Result of the Following Statements

question 5

Multiple Choice

What will be the result of the following statements?
FileInputStream fstream =
New FileInputStream("DataIn.dat") ;
DataInputStream inFile =
New DataInputStream(fstream) ;

• A) The inFile variable will reference an object that is able to read only text data from the Input.dat file.
• B) The inFile variable will reference an object that is able to read binary data from the Input.dat file.
• C) The inFile variable will reference an object that is able to write binary data to the Input.dat file.
• D) The inFile variable will reference an object that is able to read random access data from the Input.dat file.

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Definitions:

Debt Versus Equity

A comparison between using borrowed funds (debt) versus shareholder funds (equity) to finance business operations or growth.

Depreciation

The gradual reduction of the recorded cost of a fixed asset over its useful life.

Net Income

Net income is the total profit of a company after all expenses, including taxes and costs, have been subtracted from revenues.

Indirect Method

The indirect method is a way of calculating cash flows from operating activities for the cash flow statement by starting with net income and adjusting for changes in balance sheet accounts.