Word Usage Is Important for the Purpose of Your Document

question 14

Multiple Choice

Word usage is important for the purpose of your document. Impressionistic words are

• A)vague.
• B)connotative.
• C)quantifiable.
• D)All of these answers are correct.
• E)A and B are correct.

---

Definitions:

Capital Lease

A lease agreement that is classified as a purchase by the lessee for accounting purposes, as it transfers substantially all risks and rewards of ownership.

Expense Charged

An amount incurred by a business as a result of its operational activities.

Expense Recognition

The accounting principle that dictates expenses should be recorded in the period in which they are incurred, not necessarily when they are paid.

Capital Lease

A lease classified as an asset on a lessee's balance sheet, indicating the lessee has substantial control over the asset.