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Consider a Class Name, Which Has Four Instance Data (All

question 35

Essay

Consider a class Name, which has four instance data (all Strings): first, middle, last and title. Even though Name inherits the equal method from Object, it would make more sense to override it. Why?

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Definitions:

Net Realizable Value

The estimated selling price of goods minus the costs of their sale or disposal, used in inventory valuation.

Cost Or Market

An accounting principle that values inventory at the lower of its original cost or its current market price to ensure inventory is not overstated on the balance sheet.

Market Value

The present cost at which a service or asset is available for purchase or sale in the market.

FIFO

"First In, First Out," an inventory valuation method where goods purchased or produced first are sold or used first.

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