Which Three of the Following Are Benefits of Operating Leases

question 3

Multiple Choice

Which three of the following are benefits of operating leases?

• A) Reduced risk of obsolescence
• B) Initial outlay is small
• C) Tax relief
• D) A variable rate of finance

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Definitions:

Relative Frequency Distribution

A representation of the proportion of observations within each category of a dataset, often visualized with a histogram or pie chart.

Graphical Representation

The visual depiction of data or mathematical functions, which can include charts, graphs, diagrams, or other images to convey information visually.

Religious Preference

An individual's choice or inclination towards a particular religion or set of religious beliefs.

Ordinal Variable

A categorical, statistical data type where the order of the values is significant, but the difference between them is not necessarily consistent.