A Class's ______ Members Can Only Be Used by Its

question 36

Multiple Choice

A class's ______ members can only be used by its own methods.

• A)public
• B)protected
• C)private
• D)package access

Understand the criteria for the classification of intangible assets as having finite or indefinite lives.

Understand the investment strategies and operational mechanisms of hedge funds.

Identify and differentiate various hedge fund strategies including market neutral, directional, and arbitrage.

Recognize the regulations impacting hedge funds and their implications for transparency and investor protection.

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Definitions:

Bond's Discount

The difference between the face value of a bond and its selling price when sold for less than its face value.

Amortized

The gradual reduction of a debt over a period of time by making regular payments of interest and principal sufficient to repay the loan by maturity.

Straight-Line Method

Straight-Line Method is a form of calculating depreciation or amortization by evenly spreading the cost of an asset over its useful life.

Amortization of Bonds

The gradual reduction of the discount on bonds payable or the premium on bonds receivable over the life of the bonds.