The Idea That an Object Can Exist Separate from the Executing

question 71

Multiple Choice

The idea that an object can exist separate from the executing program that creates it is called

• A) transience
• B) static
• C) persistence
• D) serialization
• E) finality

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Definitions:

Income Tax Expense

The cost of income taxes a company must pay, reported in the income statement as part of its expenses.

Dividends

Funds disbursed by a company to its shareholders, frequently as an allocation of earnings.

Retained Earnings

The portion of a company's profit that is held back and not distributed to shareholders as dividends, often reinvested in the business.

Cash Available

The amount of liquid assets that are readily available for use by a company or individual.