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What Is the Advantage of Declaring a Constant as Static

question 63

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What is the advantage of declaring a constant as static?


Definitions:

Bonus

Additional compensation given to employees as an incentive or reward beyond their regular salary.

Capital Balances

The amount of money that the owners of a business have invested in it, typically represented in the equity section of the balance sheet.

Income and Losses

Represents the financial results of a company's operations, with income meaning the revenues exceeding expenses and losses referring to expenses exceeding revenues.

Capital Interest

The share of ownership in a company or its assets, particularly reflecting the amount invested by owners or shareholders.

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