Sofia Is Trying to Solve a Problem in Her Design

question 44

Multiple Choice

Sofia is trying to solve a problem in her design for a new type of remote car locking system and she's stuck.To stimulate her creativity,she sits down and imagines that she herself is a car.What type of strategy is she employing?

• A)development
• B)imagination-based
• C)relationship-seeking
• D)habit-breaking

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Definitions:

Leased Receivable

An asset account that represents amounts owed by lessees to the owner of leased property, under the terms of lease agreements.

AASB 16

An Australian accounting standard that introduces a single lessee accounting model, requiring lessees to recognize assets and liabilities for all leases.

IFRS 16

An International Financial Reporting Standard that provides guidance on accounting for leases, requiring lessees to recognize most leases on their balance sheets.

Lease Receipts

Income received from leasing out an asset to a lessee under a lease agreement.