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Consider the Following Code Snippet

question 63

Multiple Choice

Consider the following code snippet:
Public class Vehicle
{
Private String model;
Private double rpm;
) . .
}
Which of the following methods would correctly remove the values of the class instance variables?


Definitions:

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its identifiable net assets; reflects the value of the brand, customer relationships, and reputation.

Parent-Company Extension Method

This method involves the accounting for investments in subsidiaries from the perspective of the parent company, focusing on the extension of the parent company's financial statements to include its interest in subsidiaries.

Entity Method

An approach in accounting that records the investments of a parent company in a subsidiary as distinct separate entities.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after eliminating inter-company transactions.

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