Consider the Following Code Snippet: Vehicle AVehicle = New Auto();

question 10

Multiple Choice

Consider the following code snippet: Vehicle aVehicle = new Auto() ;
AVehicle.moveForward(200) ;
If the Auto class inherits from the Vehicle class, and both classes have an implementation of the moveForward method with the same set of parameters and the same return type, which statement is correct?

• A) The moveForward method of the Auto class will be executed.
• B) The moveForward method of the Vehicle class will be executed.
• C) You must specify in the code which class's moveForward method is to be used.
• D) It is not possible to determine which class's method is called.

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Definitions:

Share Issue Costs

Expenses incurred by a company in the process of issuing new shares of stock, including legal, accounting, and underwriting fees.

Fair Value

Fair Value refers to the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Consolidated Balance Sheet

A balance sheet that aggregates the assets, liabilities, and shareholders' equity of a parent company and its subsidiaries, presenting the financial position of the entire group.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, essentially representing the owners' claim on the company.