Which Statement Is False

question 10

Multiple Choice

Which statement is false?

• A) When a method call is made, the called method must know how to return to its caller, so the return address is pushed onto the program execution stack.
• B) Stacks support recursive method calls in the same manner as conventional, nonrecursive method calls.
• C) The program execution stack contains the space created for a method's global variables on each invocation of that method during a program's execution.
• D) When a method returns to its caller, the memory for that method's local variables is popped off the stack and those variables are no longer known to the program.

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Definitions:

FIFO Costing

FIFO Costing, or First-In, First-Out costing, is an inventory valuation method where goods first purchased or produced are the first ones sold.

Pretax Income

The amount of income earned by a business before taxes have been deducted, also known as earnings before taxes (EBT).

Inventory Amounts

The price of items that are up for sale at the termination of a bookkeeping period.

Audit

An examination of the financial reports to ensure that they represent what they claim and conform with generally accepted accounting principles.