Which of the Following Statements Will Close the Sequential Access

question 3

Multiple Choice

Which of the following statements will close the sequential access file associated with the outFile variable?

• A)outFile.End()
• B)outFile.Quit()
• C)outFile.IO()
• D)outFile.Close()

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Definitions:

Fair-Value Hedge

A hedge of the exposure to changes in fair value of an asset or liability or an identified portion of such an asset or liability that is attributable to a particular risk.

Exchange Gain

A profit arising from changes in foreign exchange rates that benefit the value of a company's foreign currency denominated assets or liabilities.

April 30 Year-End

A fiscal year or financial reporting period that concludes on April 30th, often used by companies or organizations for tax or reporting purposes.

Cash-Flow Hedge

A financial strategy used to manage risks associated with the fluctuations in cash flows due to changes in exchange rates, interest rates, or commodity prices.