Methods Usually Belong to a Class, So You Must Write

question 44

True/False

Methods usually belong to a class, so you must write a method's definition inside the class to which it is supposed to belong.

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Definitions:

Indirect Method

An approach to preparing the cash flow statement where the net income is adjusted for non-cash transactions and changes in working capital to estimate cash flows from operating activities.

Cash Dividends

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders in the form of cash.

Long-Term Investments

Assets that a company intends to hold for more than one year, including stocks, bonds, and real estate.

Bonds Retired

The process of redeeming bonds before their maturity date, effectively removing them from circulation.