User-Defined Data Types

question 55

Multiple Choice

User-defined data types:

• A) can be a subclass of a standard type.
• B) can behave as an object.
• C) can have defined functions and methods.
• D) can have all of the above.

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Definitions:

Bankers' Acceptances

Short-term debt instruments issued by a company that is guaranteed by a commercial bank.

Eurodollars

Deposits held in U.S. dollars at banks outside the United States, often used in international lending.

Repos

Short for repurchase agreements, a form of short-term borrowing for dealers in government securities.

Federal Funds

Funds in a bank’s reserve account at the Federal Reserve Bank.