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If a class diagram indicates a one-to-one relationship between class X and class Y,then
A) there will be only one object in the system of "type" X.
B) each object of "type" X will be associated with only one object of "type" Y.
C) there will be exactly one object of "type" X and exactly one object of "type" Y.
D) an object of "type" Y cannot occur without first constructing an object of "type" X.
Gross Profit Margin
A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, measuring a company's efficiency in managing its production costs.
Replacement Cost
Replacement cost is the current cost of replacing an asset with a new one of similar kind and quality, often used in determining insurance coverage amounts.
LIFO Layers
In inventory accounting, sections of inventory purchased at different times (and potentially at different costs) under the Last-In, First-Out method.
Inventory Group Basis
An inventory accounting method that aggregates groups or categories of inventory for valuation purposes, rather than valuing items individually.
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