Mia Participated in a Qualified State Tuition Program for the Benefit

question 95

True/False

Mia participated in a qualified state tuition program for the benefit of her son Michael.She contributed $15,000.
When Michael entered college, the balance in the fund satisfied the tuition charge of $20,000.When the funds were withdrawn to pay the college tuition for Michael, neither Mia nor Michael must include $5,000 ($20,000 - $15,000) in gross income.

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Definitions:

Base Class

The class from which other classes are derived, also known as a parent or super class.

Instance Variables

Variables declared within a class for which each instantiated object of the class has its own separate copy, or instance.

Encapsulation

A fundamental concept in OOP that restricts direct access to some of an object's components, typically through the use of access modifiers, to protect the integrity of the data.

GetClass Method

A method in Java that returns the runtime class of an object, used for reflection.