In an Object-Oriented Database Model, What Types of Objects Can

question 116

Multiple Choice

In an object-oriented database model, what types of objects can be stored through use of abstract data types, inheritance, and encapsulation?

• A) simple
• B) complex
• C) both simple and complex
• D) neither simple nor complex

---

Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or the normal operating cycle of the business, whichever is longer.

Balance Sheet

A financial statement that displays the company's assets, liabilities, and shareholders' equity at a specific point in time, offering insight into its fiscal health.

Direct Write-Off Method

A method of accounting for bad debts that charges the amount of an outstanding account directly to the expense account at the time it is deemed uncollectable.

Accounting Equation

A fundamental principle of accounting that equates assets with the sum of liabilities and shareholders' equity (Assets = Liabilities + Equity).