Which of the Following Is NOT True Concerning Generalization/specialization Hierarchies

question 21

Multiple Choice

Which of the following is NOT true concerning generalization/specialization hierarchies?

• A) A class might inherit attributes and methods from multiple classes.
• B) They show a hierarchy of classes and subclasses that lead from the general to the specific.
• C) They show a hierarchy of classes representing a collection of parts.
• D) A class mighty inherit attributes and methods from an abstract class.

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Definitions:

Translation Exchange Rates

Rates used to convert the financial statements of a foreign subsidiary to the reporting currency of the parent company.

Historical Rate

The exchange rate used to convert transactions in foreign currencies to a domestic currency, based on the rate at the time of the transaction.

Self-Contained Unit

A segment or part of a business that operates independently or contains all necessary elements to function independently.

Current Rate Method

In currency translation, the method that uses the exchange rate at the balance sheet date to convert all financial statement items from a foreign entity's functional currency to the reporting currency.