A __________ Constant Is a Name That References a Value

question 41

Multiple Choice

A __________ constant is a name that references a value that cannot be changed while the program runs.

• A) keyword
• B) local
• C) global
• D) string

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Definitions:

Income Tax Expense

The cost of income taxes a company is obligated to pay to governmental authorities, reflected in its financial statements.

Cash Equivalents

Short-term, highly liquid investments that are readily convertible to known amounts of cash and subject to an insignificant risk of changes in value.

Statement of Financial Position

A financial statement that shows an entity's assets, liabilities, and equity at a specific point in time, providing a snapshot of its financial condition.

Disclosed and Reconciled

The process in which financial activities are explained in detail and discrepancies between different accounts or reports are resolved.