You Are Given an Introduction to the Principles of Computer

question 60

Multiple Choice

You are given an introduction to the principles of computer design during a computer training session.This information is included because of the importance of

• A)feedback.
• B)general principles.
• C)identical elements.
• D)overlearning.

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Definitions:

GAAP

GAAP (Generally Accepted Accounting Principles) is a collection of commonly-followed accounting rules and standards for financial reporting.

Capital Lease

A lease agreement in which the lessee gains ownership or a substantial portion of the rights to the asset by the end of the lease term, treated as a purchase in accounting.

Lessee

A person or entity that leases property or equipment from another, known as the lessor, under a lease agreement.

Lessor

An entity or individual that owns an asset and grants another party the right to use that asset in exchange for periodic rental payments.