Pseudocode Is

question 51

Multiple Choice

Pseudocode is:

• A)A language popularized by Feinstein and Longenecker in the 1990's
• B)A detailed outline of the lines of code that need to be written
• C)A 'pretend' syntax inherent in all CASE tools
• D)The translation of code into ASCII
• E)A dialect of Visual Basic only used in program design

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Definitions:

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of the entity.

Common Stock

Equity securities representing ownership in a company, entitling holders to vote on corporate matters and receive dividends.

Deferred Tax Liability

A tax obligation that a company owes in the future due to temporary differences between its financial accounting and tax accounting practices.

Indirect Method

A method used in cash flow statements to adjust net income for non-cash transactions and changes in working capital to calculate cash flow from operating activities.