Consider the Following Code Snippet

question 22

Multiple Choice

Consider the following code snippet:
Public class SavingsAccount extends BankAccount { . . . }
Public class CheckingAccount extends BankAccount { . . . }
) . .
SavingsAccount[] savingsAccounts = new SavingsAccount[100]; //Line 1
BankAccount bankAccounts = savingsAccounts; //Line 2
BankAccount myAccount = new CheckingAccount() ; //Line 3
BankAccounts[0] = myAccount; //Line 4
Which of the following statements regarding this code is correct?

• A) Line 2 will cause a compile-time error.
• B) Line 2 will cause a run-time error.
• C) Line 4 will cause a compile-time error.
• D) Line 4 will cause a run-time error.

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Definitions:

Electronic Funds Transfer System

A digital system that allows the transfer of money between accounts without the physical exchange of cash.

Debiting Accounts

The financial process of recording or entering an amount owed as a debt in an account, increasing the balance of that account.

Without Checks

Operating or proceeding without restrictions or controls, potentially leading to errors or issues.

Restrictive Endorsement

A limitation placed on the use of a check that specifies the conditions under which it can be deposited or cashed.