An Object, Such as a Bank Account, Can Have a Specific

question 50

Multiple Choice

An object, such as a bank account, can have a specific attribute called a(n) _____ that can be active, inactive, closed, or frozen.

• A) state
• B) grade
• C) instance
• D) status

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Definitions:

Merchant Wholesaler

An entity involved in buying goods in bulk from producers and selling them, usually in smaller quantities, to retailers or other businesses, but not to end consumers.

Full-Service

A type of service that provides comprehensive coverage of needs or requirements in a particular area, offering a wide range of services or features.

Rack Jobber

A company that provides and manages inventory for retail shelves, often specializing in music, magazines, books, or electronics, and retaining ownership until items are sold.

Consignment

An arrangement where goods are left with a third party to sell, but the ownership remains with the supplier until the goods are sold.