Which of the Following Statements A), B) or C) Is

question 28

Multiple Choice

Which of the following statements a) , b) or c) is false?

• A) With inheritance, every object of a subclass also may be treated as an object of that subclass's base class.
• B) We can take advantage of this xe ""derived-class-object-is-a-base-class-object" relationship[derived class object is a base class object relationship]""subclass-object-is-a-base-class-object" relationship to place objects related through inheritance into a xe "list of base-class objects"list, then iterate through the list and treat each element as a base-class object.
• C) The following code places CommissionEmployee and SalariedCommissionEmployee objects (c and s) in a list, then for each element displays its string representation and earnings-this is an example of xe "polymorphism"polymorphism:
• In [21]: employees = [c, s]
• In [22]: for employee in employees:
• )..: print(employee)
• )..: print(f'{employee.earnings():,.2f}\n')
• )..:
• CommissionEmployee: Sue Jones
• Social security number: 333-33-3333
• Gross sales: 20000.00
• Commission rate: 0.10
• 2,000.00
• SalariedCommissionEmployee: Bob Lewis
• Social security number: 444-44-4444
• Gross sales: 10000.00
• Commission rate: 0.05
• Base salary: 1000.00
• 1,500.00
• D) All of the above statements are true.

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Definitions:

Implied Annual Cost

The total cost associated with financing or an investment, expressed on a yearly basis, often calculated through the analysis of implied rates or costs.

Forgoing

The act of giving up or going without something, often in the context of making financial or investment decisions.

Discount

A reduction from the usual cost of something, or in finance, the process of determining the present value of future cash flows by applying a discount rate.

Minimum Compensating Balance

The lowest balance that a business must maintain in its bank account as a requirement for banking services or loans.