Consider the Following Code Snippet: Public Class Purse

question 54

Multiple Choice

Consider the following code snippet: public class Purse
{
Private Coin[] coins;
) . .
}
This code is best described as an example of ____.

• A) Inheritance.
• B) Aggregation.
• C) Polymorphism.
• D) Association.

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Definitions:

Bond Premium Amortization

The gradual reduction over time of the amount by which a bond's purchase price exceeds its face value.

Carrying Value

Another term for book value; it's the value at which an asset is recognized on the balance sheet.

Straight-Line Method

A method of calculating depreciation of an asset where the asset's cost is reduced equally over its useful life.

Amortize Discount

The process of gradually reducing the discount on a bond over the life of the bond.