Question: What happens when you use the built-in function all() on a list?

1. The `all()` function returns a Boolean value that answers the question "Are all the items in this list the same?
2. The `all()` function returns True if all the items in the list can be converted to strings. Otherwise, it returns False.
3. The `all()` function will return all the values in the list.
4. The `all()` function returns True if all items in the list evaluate to True. Otherwise, it returns False.

Answer: The correct answer of the above question is Option D:The `all()` function returns True if all items in the list evaluate to True. Otherwise, it returns False.