Which of the Following Is an Advantage of Leasing an Asset

question 99

Multiple Choice

Which of the following is an advantage of leasing an asset for the lessee?

• A) There are lower overall costs for the asset.
• B) Ownership automatically passes to the lessee at the end of the lease.
• C) The lessee absorbs the risk of obsolescence.
• D) Some leases are not disclosed on the lessee's balance sheet.

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Definitions:

Biological Explanations

Theories that attribute behavioral and psychological phenomena to biological factors, such as genetic, neurological, or physiological processes.

Cultural Explanations

These are interpretations or understandings of behaviors, practices, and beliefs that are framed in the context of the cultural background or tradition from which they arise.

Stereotype Threat

The risk of confirming negative stereotypes about one's group, which can hinder performance and affect behavior.

African Americans

A racial or ethnic group in the United States with ancestry from any of the black racial groups of Africa.