A(n) ____________________ Class Is One from Which You Can Inherit

question 24

Short Answer

A(n) ____________________ class is one from which you can inherit, but not create, any object.

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Definitions:

Out-of-pocket Cost

Expenses that are paid out directly and result in a financial outlay.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted, indicating how much contributes to covering fixed costs and generating profit.

Operating Capacity

The maximum output that a company can produce under normal circumstances over a specific period.

Sunk Costs

Costs that have already been incurred and cannot be recovered, which should not influence future business decisions.