What Is the Output of the Following Code? Char LastInitial

question 1

Multiple Choice

What is the output of the following code? char lastInitial = 'S';
switch (lastInitial)
{
case 'A':
Cout amanda "section 1" amandaendl;
break;
case 'B':
cout << "section 2" << endl;
break;
case 'C':
cout << "section 3" << endl;
break;
case 'D':
cout << "section 4" << endl;
break;
default:
cout << "section 5" << endl;
}

• A) section 2
• B) section 3
• C) section 4
• D) section 5

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Definitions:

Retained Earnings

Earnings not distributed as dividends but retained by the company to reinvest in its core business or to pay debt.

Par Value

A nominal value assigned to a share of stock in the corporate charter, not necessarily related to its market value.

Acquisition Method

The accounting method used in consolidating the financial statements of a parent company and its subsidiaries, wherein the assets and liabilities of the subsidiary are measured at their fair values at the acquisition date.

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses.