Classes That Support Simple Data Items Each Contain a Method

question 31

Multiple Choice

Classes that support simple data items each contain a method that provides the details of how items in the class compare to each other.What is the name of this method?

• A) Equals()
• B) Less()
• C) IndexOf()
• D) CompareTo()

Apply accounting rules to determine the capitalization of costs related to software development and patents.

Evaluate the financial reporting impact of capitalizing vs. expensing costs on net income and asset valuation.

Determine the appropriate accounting treatment for acquired company intangibles and R&D expenditures.

Understand the process and importance of computing depreciation for assets.

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Definitions:

Marginal Productivity Theory

An economic theory proposing that labor and other input costs are based on the marginal contribution of each input to the production process.

Income Distribution

The way in which total income is shared among individuals or groups in an economy.

Production Incentives

Motivational factors or rewards designed to encourage increased productivity or output by workers or companies.

Marginal Productivity Theory

An economic theory that explains income distribution based on the productivity of the factor inputs in producing goods and services.