The Term ____ Implies That the Type's Data Can Be

question 25

Multiple Choice

The term ____ implies that the type's data can be accessed only through methods.

• A) abstract type library
• B) advanced data type
• C) abstract definition type
• D) abstract data type

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Definitions:

Straight-Line

A technique for computing depreciation that uniformly distributes an asset's cost across its lifespan.

Units-Of-Production

A depreciation method that allocates an asset's cost based on its usage or production levels.

GAAP Methods

GAAP methods refer to accounting principles and guidelines set by the Financial Accounting Standards Board in the United States for preparing financial statements.

MACRS

Stands for Modified Accelerated Cost Recovery System, which is a method of depreciation used in the United States for tax purposes, allowing for quicker cost recovery of property and equipment.