Which of These Would Not Be Found on a Personal

question 63

Multiple Choice

Which of these would not be found on a personal information manager (PIM) ?

• A) term paper
• B) schedules
• C) phone numbers
• D) addresses

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Definitions:

Capital Lease

A lease agreement that grants the lessee ownership rights of the asset at the end of the lease term.

Gross Investment

The total amount spent on acquiring new assets and maintaining or upgrading existing ones, without deducting for depreciation.

Lessor's Balance Sheet

A financial statement detailing the assets, liabilities, and equity of a lessor under lease transactions.

Current Asset

An asset that is expected to be converted into cash, sold, or consumed within one year or within the business's normal operating cycle.