Usually, the Subclass Constructor Only Needs to Initialize the ____

question 68

Multiple Choice

Usually, the subclass constructor only needs to initialize the ____ that are specific to the subclass.

• A) objects
• B) data fields
• C) methods
• D) constructors

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Definitions:

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

Cash-Generating Unit

The minimal distinguishable collection of assets that creates cash inflows primarily independent from the cash inflows of other assets or asset collections.

Impairment Loss

The amount by which the carrying amount of an asset or a cash-generating unit exceeds its recoverable amount.

Net Carrying Amount

The value of an asset recorded in a company's financial statement, which is the original cost minus accumulated depreciation and impairment losses.