Which of the Following Statements About the Characteristics of an Operating

question 34

Multiple Choice

Which of the following statements about the characteristics of an operating lease and a financiallease is correct?

• A) An operating lease is typically used to acquire assets that have useful lives longer than the term of the lease, while financial leases are used to acquire assets with useful lives shorter than the term of the lease.
• B) An operating lease is typically used to acquire assets that have useful lives shorter than the term of the lease, while financial leases are used to acquire assets with useful lives longer than the term f the lease.
• C) An operating lease is typically used to acquire assets that have useful lives as long as the term of the lease, while financial leases are used to acquire assets with useful lives shorter than the term of the lease.
• D) An operating lease is typically used to acquire assets that have useful lives shorter than the term of the lease, while financial leases are used to acquire assets with useful lives as long as the term of the lease.

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Definitions:

Anorexia Nervosa

An eating disorder characterized by an extreme fear of gaining weight and a distorted body image, leading to severe food restriction and weight loss.

Sexual Desire

A person's overall sexual drive or interest in sexual activity, which can vary greatly among individuals.

Heterosexual Men

Males who are sexually attracted to females.

Preoccupied

Engrossed or absorbed in thought, often to the extent of being unaware of one's surroundings.