Reasons a Company May Choose to Lease an Asset Include

question 61

Multiple Choice

Reasons a company may choose to lease an asset include all of the following,except for

• A)short-term need for the asset.
• B)high risk of obsolescence.
• C)lack of cash.
• D)preferential tax treatment of leased assets.

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Definitions:

Ideal Self

A person's conception of how they would like to be, embodying their aspirations and goals.

Looking-glass Self

A social psychological concept stating that a person's self grows out of society's interpersonal interactions and the perceptions of others.

Petty Theft

The act of stealing items of relatively low value; considered a minor crime or misdemeanor.

Reflection

The process of intentionally thinking about one's actions, experiences, beliefs, and values to gain insights or learning.