An If Statement That Appears Inside Another If Statement Is

question 13

Multiple Choice

An If statement that appears inside another If statement is referred to as __________.

• A) nested
• B) embedded
• C) multi-level
• D) didactic

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Definitions:

Calculating Interest

The process of determining the cost of borrowing money or the gain from lending money, usually expressed as a percentage of the principal amount per period.

Note Receivable

A written promise that one party will pay a specific sum of money to another party at a future date.

Journalize Transactions

The process of recording financial transactions in a company's accounting records or journal.

Dishonored Note

A promissory note that has not been paid by the maker when due, leading to a default.