Which of the Following Is an Accurate Definition of the Term

question 5

Multiple Choice

Which of the following is an accurate definition of the term class?

• A) A class is a specific instance of a user-defined type.
• B) A class is an encapsulation of data and procedures that has properties and responds to methods.
• C) A class is populated with objects that hold data, have properties, respond to methods, and raise events.
• D) A class is a template from which objects are created.

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Definitions:

IFRS And ASPE

International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) are sets of accounting standards for financial reporting.

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.

Strategic Goals

Long-term, overarching objectives that an organization aims to achieve, guiding its mission and the allocation of its resources.

Investment Revenue

Income earned from various forms of investments like stocks, bonds, mutual funds, and other investment vehicles.