The Class Used as a Basis for Inheritance Is the ____

question 76

Multiple Choice

The class used as a basis for inheritance is the ____ class.

• A) child
• B) extends
• C) base
• D) derived

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Definitions:

Administrative Expenses

Overheads and costs relating to the general operation of a business, including salaries of non-sales personnel, rent, and utilities.

Profit Margin

A financial metric used to evaluate a company's profitability by comparing net income to revenue.

Merchandising Company

A business that purchases goods at wholesale and sells them at retail prices, typically consisting of activities involving buying and selling without significant alteration of the goods.

Periodic Inventory System

An inventory management method where the inventory count is conducted at specific intervals to determine the cost of goods sold.