Match Each Term with the Correct Statement Below

question 36

Multiple Choice

Match each term with the correct statement below.
-Created using the keyword final

• A)optional classes
• B)instance variables
• C)comes into scope
• D)class methods
• E)overloading
• F)Math class
• G)redeclaring a variable
• H)GregorianCalendar
• I)constant

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Definitions:

Accrued Expenses

Expenses that have been incurred but not yet paid or recorded in the company's financial statements.

Operating Expenses

Operating Expenses are expenditures that a business incurs through its normal business operations, such as salaries, rent, utilities, and equipment depreciation.

Direct Method

A cash flow statement preparation approach that reports major classes of gross cash receipts and payments.

Cost of Goods Sold

An expense recorded to reflect the cost directly associated with producing the goods sold by a company.