An Operation That Applies to a Class Rather Than an Object

question 55

Multiple Choice

An operation that applies to a class rather than an object instance is a(n) :

• A) constructor operation.
• B) query operation.
• C) class-scope operation.
• D) update operation.

---

Definitions:

Increase Assets

Enhancing the value of a company's resources or acquiring new physical, financial, or intangible properties that can provide economic benefits.

Decrease Assets

The reduction in the value or amount of the resources owned by a company, which can result from sales, disposal, or depreciation.

Accounting Equation

The fundamental equation underpinning the double-entry bookkeeping system: Assets = Liabilities + Equity.

Liabilities

The financial liabilities a firm has towards other parties, necessitating reimbursement through the provision of economic gains over a specified duration.