The Objects That Describe Similar Entities Are Known Collectively as A(n)

question 21

Multiple Choice

The objects that describe similar entities are known collectively as a(n) ____.

• A) file
• B) class
• C) UML diagram
• D) OODBMS
• E) operation

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Definitions:

Work Sheet

An informal accounting document used internally to compile information for the financial statements and to support adjustments to those statements.

Balance Sheet Accounts

Accounts that appear on the balance sheet, including assets, liabilities, and shareholders' equity accounts, reflecting the financial position of a business.

Real Accounts

Accounts related to assets, liabilities, and equity that are shown on the balance sheet, maintaining their balances over time and not closed at the end of the accounting year.

Permanent Accounts

Accounts on the balance sheet whose balances are carried over into the next accounting period.