Consider the Following Code Snippet: If a Program Instantiates

question 15

Multiple Choice

Consider the following code snippet: If a program instantiates four objects using this class, which of the following statements will be true?

• A)Each object will have a currentRewardPointBalance instance variable and a level1Cutoff instance variable.
• B)All objects will share a single currentRewardPointBalance class variable and a level1Cutoff class variable.
• C)Each object will have a currentRewardPointBalance instance variable, but all objects will share a level1Cutoff class variable.
• D)All objects will share a currentRewardPointBalance class variable and each object will have a level1Cutoff instance variable.

Evaluate the ethics and social responsibility of marketing practices.

Understand different measures for evaluating portfolio performance.

Analyze the impact of investment decisions and biases on fund performance.

Compute and interpret the returns from various investment strategies.

---

Definitions:

Direct Labor-Hours

An alternative term for direct labor-hour, referring to the labor time spent by employees directly on manufacturing a product.

Materials Price Variance

The difference between the actual cost of materials purchased and the expected (standard) cost times the actual quantity of materials used.

Direct Materials Purchases Variance

The difference between the budgeted cost of materials that should have been purchased for the production volume and the actual cost of materials purchased.

Variable Overhead

Costs that fluctuate with production levels, such as utility bills or raw material costs, that are not directly tied to manufacturing.