The Property of _____ Enables an Entity Subtype to Inherit

question 20

Multiple Choice

The property of _____ enables an entity subtype to inherit the attributes and relationships of the supertype.

• A) subtype discriminator
• B) inheritance
• C) specialization hierarchy
• D) entity supertype

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Definitions:

Audited Financial Statements

Financial reports that have been examined and verified by an independent auditor to affirm their accuracy and conformity with accounting standards.

Annual Report

A comprehensive report on a company's activities throughout the preceding year, intended to give shareholders and other interested people information about the company's performance and financial position.

SEC Regulation

Refers to official rules and laws that govern securities and financial markets, enforced by the U.S. Securities and Exchange Commission.

Income Statements

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and profits or losses.