When Classes Are Generalized, the Classes That Are Generalized Are

question 233

True/False

When classes are generalized, the classes that are generalized are called superclasses.

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Definitions:

Variable Costs

Expenses that vary directly with the level of production or service delivery.

Fixed Costs

Fixed outgoings, including rent, salaries, and insurance, that are unaffected by production or sales volumes.

Net Income

The total earnings or profit of an individual or business after deducting expenses and taxes.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.