The 
               		$ELSE statement is used in conjunction with the 
               		IF Statement to control conditional compilation. There is a single format: 
               	 
            
 
            	 $ELSE
 
            	 
               Syntax
 
               		 
               		
                
                  		  
                  - The whole statement must appear on a single line. 
                     		  
                  
  
            	 
            
               General Rules
 
               		 
               		
                
                  		  
                  - The most recent 
                     			 $IF condition is reversed. If the now active 
                     			 $IF condition is 
                     			 true, the source lines following the 
                     			 $ELSE are processed. If the 
                     			 $IF condition is 
                     			 false, COBOL source lines are ignored until the next conditional compilation line is encountered.