What Does the Following Section of Code Do? Dim IntCount

question 2

Multiple Choice

What does the following section of code do? Dim intCount as Integer
Dim intXXXX as Integer = intNumbers0)
For intCount = 1 to inNumbers.Length - 1)
If intNumbersintCount) > intXXXX Then
IntXXXX = intNumbersintCount)
End If
Next intCount

• A) Finds the first element of the array intNumbers
• B) Finds the last element of the array intNumbers
• C) Finds the Highest value in the array intNumbers
• D) Finds the Lowest value in the array intNumbers

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Definitions:

Outstanding Receivables

Amounts due to a company for goods or services that have been delivered or sold but not yet paid by customers.

Allowance for Doubtful Accounts

A contra asset account that reflects the estimated amount of accounts receivable that may not be collectible.

Notes Receivable

Written promises for amounts to be received by a business, usually detailing interest and the due date for repayment.

Cash Loan

A type of loan where the borrower receives a cash amount upfront and agrees to pay back both the principal and interest over a set period.