Consider the Following Code Snippet: Public Class RewardPointsAccount

question 22

Multiple Choice

Consider the following code snippet: public class RewardPointsAccount
{
Private int currentRewardPointBalance;
Private static int level1Cutoff = 15000;
) ..
}
If a program instantiates four objects using this class, which of the following statements will be true?

• A) Each object will have a currentRewardPointBalance instance variable and a level1Cutoff instance variable.
• B) All objects will share a single currentRewardPointBalance class variable and a level1Cutoff class variable.
• C) Each object will have a currentRewardPointBalance instance variable, but all objects will share a level1Cutoff class variable.
• D) All objects will share a currentRewardPointBalance class variable and each object will have a level1Cutoff instance variable.

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Definitions:

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenue.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded for an asset since it was acquired, reflecting its decrease in value over time.

Cash Dividends

Payments made by a corporation to its shareholders out of its profits or reserves.

Investing Activities

Financial activities related to buying or selling long-term assets and investments, a key component of a company’s cash flow statement.