Code Fellows dev bootcamp application question

code_fellows_dev_bootcamp_application_question.js

// QUESTION
// What does the following JavaScript code do?

var
    obj1 = {value: 1},
    obj2 = {value: 2},
    obj3 = {value: 3};

var ValueCollect = function() {
    var values = [];
    var operation = function(obj) {
        if (obj) {
          values.push(obj.value);
          return values;
        }
        else {
          return values;
        }
    };
};

var accumulator = ValueCollect();
accumulator(obj1);
accumulator(obj2);

// POSSIBLE ANSWERS (multiple choice)
// (A) The code will work as designed by collecting all object values in values array
// (B) The code will hold only one object value at any given time
// (C) The code will not work because obj1 and obj2 are declared outside the ValueCollect function and will be treated as undefined
// (D) The code will not work because operation function is incomplete
// (E) The code will work only if ValueCollect function is declared before declaring obj1 and obj2

@ayax79 ... so which answer would you choose?