Which Statement Is False

question 8

Multiple Choice

Which statement is false?

• A) Unless directed otherwise, the computer executes Java statements one after the other in the order in which they're written.
• B) Activity diagrams normally show the Java code that implements the activity.
• C) Like pseudocode, activity diagrams help programmers develop and represent algorithms.
• D) The arrows in the activity diagram represent transitions, which indicate the order in which the actions represented by the action states occur.

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Definitions:

Average-Cost Method

An inventory valuation method that determines the cost of goods sold and ending inventory value by computing the average cost of all similar items.

Ending Inventory

The value of goods available for sale at the end of an accounting period, after accounting for purchases and sales.

Merchandise Inventory

Merchandise inventory refers to the goods available for sale to customers, which are considered current assets on a company's balance sheet.

Periodic Inventory System

An accounting method where inventory is physically counted at specific periods to determine the cost of goods sold.