An Object Is A(n) ________ of a Class

question 14

Multiple Choice

An object is a(n) ________ of a class.

• A) example
• B) copy
• C) instance
• D) attribute
• E) member

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Definitions:

Capital Deficiency

A scenario in which a firm's short-term obligations surpass its short-term resources, suggesting possible financial trouble.

Liquidation

The process of bringing a business to an end and distributing its assets to claimants, often conducted when a company is insolvent.

Convert

To change something into a different form or properties, often used in financial contexts such as converting currencies or securities.

Gain

An increase in the value of an asset or a decrease in the value of a liability which contributes to an increase in the owner's equity.