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Programmers Say the Data Items Are ____ Only Within the Method

question 45

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Programmers say the data items are ____ only within the method or program in which they are declared.


Definitions:

Paid-In Capital

The sum of funds that a corporation has obtained from investors in return for stock shares.

Legal Capital

The portion of a company's equity that cannot legally be distributed to shareholders, often equating to the par value of the issued shares.

Common Stock

Represents equity ownership in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Paid-In Capital

The total amount of capital that shareholders have directly contributed to a company through the purchase of its shares.

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