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In Object-Oriented Programming, ________ Allows a New Class to Automatically

question 51

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In object-oriented programming, ________ allows a new class to automatically use all the data and methods of an existing class.


Definitions:

Preferred Dividends

Payments made to preferred shareholders before any dividends are distributed to common shareholders, often at a fixed rate and with priority over common dividends.

Retained Earnings

The portion of a company's profits not distributed as dividends to shareholders, but rather reinvested in the business or held as reserves.

Plant Expansion

The process of enlarging a company's physical facilities or increasing its production capacity.

Dividend Declarations

Official announcements by a company's board of directors to pay dividends to shareholders, specifying the dividend amount, record date, and payment date.

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