Which of the Following Are Not True

question 43

Multiple Choice

Which of the following are not true

• A) an object of the derived class may be stored in a variable of the base class
• B) an object of the base class may be stored in a variable of the derived class
• C) an object of a derived class that is derived from another class that is derived from a third class can be stored in a variable of the third class.
• D) all of the above
• E) none of the above

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Definitions:

Gross Profit

The revenue a corporation retains after removing the costs related to the creation and sale of its products or the provision of its services.

Sales Discounts

Reductions in the amount due from a customer, offered as an incentive for early payment according to the sales terms.

Sales Returns

Transactions where customers return previously purchased merchandise, leading to a reversal of revenue.

Cost of Goods Sold

The specific costs incurred in the production of a company's sold merchandise.